The Minister of Finance (MoF) plans to rearrange the securities trading market in a newly-promulgated Circular as a move towards the merging of the two national stock exchanges into one named the Việt Nam Stock Exchange (VNX).
Shares bounced back strongly in the afternoon session, driven by increasing demand at the support price levels.
Shares closed higher on the last trading day of the week with the market benchmark hovering just below the important level of 1,300 points.
The market reversed course in Thursday afternoon's trade as investors' risk appetite returned to bank and material stocks.
Shares fell on Wednesday as strong selling pressure hampered the growth of banking stocks.