The Ho Chi Minh City Stock Exchange (HOSE) has just announced a list of 10 securities companies with the largest stock brokerage market share in the third quarter of 2025. The top 10 did not change in their list compared to the previous quarter, but their rankings and market share have shifted significantly.
VPS Securities continued to hold the No. 1 position with a market share of 17.05%, up sharply compared to 15.37% in the second quarter of 2025. Compared to the same period in 2024, VPS still maintained a high market share, despite a slight decrease (17.63% in the third quarter of 2024).
Notably, SSI Securities recorded strong growth, market share reached 11.82% compared to 10.85% in the previous quarter, while increasing sharply compared to 8.84% in the same period last year. This is the highest market share that SSI has achieved in the past 5 years.
In the next position, TCBS increased slightly from 7.45% to 7.75%, maintaining 3rd place. Vietcap and HSC recorded 6.43% and 6.25%, down from the previous quarter but still maintained 4th and 5th place.
In the mid-range group, MBS improved its market share from 5.39% to 5.61%, thereby surpassing VNDIRECT to rise to 6th place. On the contrary, VNDIRECT reduced its market share from 6.36% to 5.42%, dropping to 7th place.
Mirae Asset continues to be in the top 10 with a market share of 2.97%. VCBS and KIS accounted for 2.88% and 2.87% of market share, respectively, with minor changes but still in the top 10.
The total market share of the top 10 securities companies reached 69.05%, higher than the second quarter (68.49%) and the third quarter of 2024 (67.81%). This development shows the market's increasing focus on the leading group of companies, in which VPS and SSI continue to affirm their leading position.
