New stock trading accounts hit record high in March
Securities companies registered 113,875 new domestic trading accounts during March, breaking the record set in January of 86,107, according to the Vietnam Securities Depository (VSD).
An investor at Vietcombank Securities Company (Photo: VNA)
Hanoi (VNA) - Securities companies registered 113,875 new domestic tradingaccounts during March, breaking the record set in January of 86,107, accordingto the Vietnam Securities Depository (VSD).
As of the end of March, there were more than 3 million trading accounts in thestock market, including over 2.98 million opened by individual investors and11,630 by organisational players.
The stock market saw nearly 258,000 new trading accounts opened in the firstquarter, accounting for 65 percent of the figure recorded in 2020 as a whole.
SSI Securities Corporation said Vietnam’s stock market experienced a specialquarter, reaching the 1,200-point threshold three times.
The market suffered its sharpest decline in history on January 28 as a resultof panic selling after new community transmissions of the coronavirus werereported. The benchmark VN-Index on the Ho Chi Minh Stock Exchange (HoSE) fell 73.23points, or 6.67 percent, to close at 1,023.94 points. It quickly recovered to1,191.44 points by the end of the March 31 trading session, increasing 7.93percent from the beginning of the year./.
Vietnam’s major trading bourse Ho Chi Minh Stock Exchange (HoSE) has reported its pre-tax profit dropped by almost half year-on-year to 200 billion VND (8.6 million USD).
If serious turbulence is caused by large-scale sell-offs and considered a threat to the security of the equity market, the Ministry of Finance will have to switch the market off.
A trial run of a stock trading system from the Republic of Korea with securities companies will be conducted after the Tet (Lunar New Year) holiday, Tran Van Dung, Chairman of the State Securities Commission of Vietnam (SSC), told a press conference on January 19.
A stock market is one of the “thermometers” of a country’s economy, and last year Vietnam’s market saw many ups and downs but still made historic breakthroughs, creating a solid foundation for 2021.
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The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
An investor at Vietcombank Securities Company (Photo: VNA) 
