Vietnam witnessed the addition of 110,761 new securities accounts in April, bringing the total number of domestic securities accounts to over 7.7 million, according to data provided by the Vietnam Securities Depository.
Vietnam witnessed the addition of 110,761 new securities accounts in April, bringing the total number of domestic securities accounts to over 7.7 million, according to data provided by the Vietnam Securities Depository (VSD).
The number of newly-opened securities accounts in March plunged to the lowest in the past two years, marking the sixth consecutive month the market did not record more than 100,000 new accounts, according to the Vietnam Securities Depository (VSD).
No longer hot on the stock market, yet banking sector remains one of the priorities of foreign investors, with foreign ownership rate in many banks reaching the cap of 30% as regulated.
Domestic investors opened 88,479 new securities accounts in November, a slight decrease compared to the previous month, according to data from the Vietnam Securities Depository (VSD).
On the stock market, domestic investors opened 96,427 new accounts in October, a slight decrease month-on-month, data from the Vietnam Securities Depository (VSD) showed.
The capital scale of securities companies has grown robustly in the past two years. In the context of the current sharp decline in market liquidity, this resource is somewhat redundant, and the race to attract customers is heating up.
Minister of Finance Ho Duc Phoc has responded in writing to a NA delegate of Lam Dong province on issues related to the management of capital, stock and bond markets.
Minister of Finance Ho Duc Phoc had assigned Deputy Finance Minister Nguyen Duc Chi to directly take the charge of the State Securities Commission (SSC) from May 19.
Experts believe that once the KRX trading system begins official operations, many international organisations will re-evaluate the Vietnamese market to upgrade it to an emerging market.
The Vietnamese stock market continued to reach another historic record, with the largest number of new accounts opened in December after 21 years of operation.
The number of newly registered securities accounts hit 221,314 in November, surpassing the yearly figure for 2019 and far exceeding the old record of 140,193 set in June, according to the Vietnam Securities Depository.
With securities firms now allowed to increase their total liabilities to serve the increasing number of customers, the Vietnamese market has never been more active.
The Hanoi Stock Exchange (HNX) is testing a new power board on its system to address the frequent overload issues on the Ho Chi Minh Stock Exchange (HoSE).
Close to 86,270 securities trading accounts were opened by domestic investors in January, an increase of 36.4 percent from the previous month, according to the Vietnam Securities Depository (VSD).
The Vietnam Securities Depository (VSD) in August issued securities trading codes to 296 foreign investors, the highest recorded within eight months but down 8.6 percent over the same period last year.
The Ministry of Finance has agreed in principle to reduce prices of some securities services to support the Vietnamese stock market, which has been in downfall since the COVID-19 outbreak.
