Surge in new individual securities accounts in July

July witnessed a remarkable surge in the opening of new individual securities accounts, tripling the amount from the previous month and setting a record high for the past two years.

According to the Việt Nam Securities Depository and Clearing Corporation (VSDC), the net number of new domestic individual investor accounts (the difference between newly opened and closed accounts) reached 329,836 last month, three times higher than that of June.

Surge in new individual securities accounts in July
An investor watches the market's movements on a trading floor of a securities firm. — Photo vietnamplus.vn

This marks the highest monthly increase since June 2022, which saw 466,071 new accounts.

The total number of new accounts opened by domestic investors stood at 329,982, also the highest since the date.

Cumulatively, the group opened over 1.08 million new securities accounts in the first seven months, 2.75 times the total for all of last year and 42 per cent of the total for the year earlier.

Domestic investors now hold nearly 8.33 million accounts, with individual investors accounting for 99.8 per cent.

Foreign investors, meanwhile, opened a net 217 new accounts in July, an 18 per cent increase from June.

For the first seven month, the group opened a total of 1,365 new accounts, 51 per cent of the total for all of last year.

By the end of July, the total number of securities accounts held by both domestic and foreign investors exceeded 8.37 million, representing approximately 8.4 per cent of Việt Nam's population.

The dramatic increase in new domestic individual investor accounts last month came amidst significant market fluctuations and a sharp decline in liquidity.

Source: VNS

See also

Asian shares are at their lowest in three weeks

Asian shares are at their lowest in three weeks

(VEN) - Asian stock markets fell sharply after a tech sell-off on Wall Street, which raised concerns about the sustainability of artificial intelligence (AI) stocks.
Stock market sees notable recovery amid ongoing uncertainties

Stock market sees notable recovery amid ongoing uncertainties

The Vietnamese stock market marked a significant turning point after a prior correction phase, with a remarkable recovery in the past trading week.
SSI: Masan to benefit from Vietnamese stock market upgrade

SSI: Masan to benefit from Vietnamese stock market upgrade

Masan Group Corporation (HOSE: MSN) is expected to attract significant foreign capital as Việt Nam’s stock market is projected to receive up to US$1.7 billion from exchange-traded funds (ETFs) following its upgrade to emerging market status.
Japan helps Vietnam improve stock market’s transparency

Japan helps Vietnam improve stock market’s transparency

Hanoi – Japan will continue its support for the State Securities Commission (SSC), stock exchanges and relevant parties in Vietnam to improve the equity market’s fairness and transparency under a technical assistance project from the Japan International Cooperation Agency (JICA), heard a workshop in Hanoi on September 23.
Market expected to pass psychological 1,300 mark

Market expected to pass psychological 1,300 mark

The VN-Index surged towards its previous peak with gains in four out of five sessions. Various sectors took turns rallying in the first three sessions of the week, pushing the index beyond the 1,280-point level. In fact, the movements of Việt Nam's stock market mirrored those of global markets.
Market soars above 1,260 points

Market soars above 1,260 points

HÀ NỘI — Following the strong momentum from last week's final session, the market opened the new week on a positive note, although liquidity decreased significantly.

See more news

Stock market expected to continue recovery in the remainder of the year

Stock market expected to continue recovery in the remainder of the year

Following the previous recovery momentum, the stock market witnessed a week filled with various emotions.
The market requires a prolonged period to reach stability

The market requires a prolonged period to reach stability

The stock market experienced strong fluctuations during the transitional trading week between July and August (from 29 July to 2 August).
Vietnamese stock market sees remarkable 24-year transformation

Vietnamese stock market sees remarkable 24-year transformation

The Vietnamese stock market has evolved significantly from its earlier rudimentary state.
Bank stocks surge on dividend payouts and profit growth

Bank stocks surge on dividend payouts and profit growth

(VEN) - Following a decline in April, investment in bank stocks has increased, especially when banks are preparing to pay dividends at a high rate and the profits of listed banks grew strongly in the first three months.
Stock market upgrade to help Vietnam lure another 10 bln USD in investment

Stock market upgrade to help Vietnam lure another 10 bln USD in investment

The elevation of the stock market to "emerging" status can help Vietnam attract an additional 10 billion USD in both direct and indirect investment, KB Vietnam Securities JSC (KBSV) reported, citing the World Bank (WB).
Over 163,000 new stock trader accounts created during March

Over 163,000 new stock trader accounts created during March

More than 163,000 new stock trader accounts were created during March this year, an increase of over 50,000 accounts compared to January, marking March the month with the most accounts created in the last six months, according to the Vietnam Securities Depository and Clearing Corporation (VSDC).
PM urges efforts to upgrade stock market to emerging status

PM urges efforts to upgrade stock market to emerging status

Prime Minister Pham Minh Chinh requested action be boosted to upgrade Vietnam’s stock market from the frontier status to the emerging one in 2025, while chairing a conference in Hanoi on February 28.
Vietnamese stock market continues strong upward trend

Vietnamese stock market continues strong upward trend

The stock market in Vietnam has begun an upward trend since mid-December 2023 and has experienced almost no interruptions so far, gaining over 130 points, approximately 12%.
Experts suggest measures to lure investment in securities market

Experts suggest measures to lure investment in securities market

World Bank (WB) experts have suggested several things that Vietnam should do to attract foreign investment in the stock market at the recent Inter-Agency Seminar on Unlocking the Potential of Vietnam’s Capital Markets.
New circular aims to improve stock market transparency

New circular aims to improve stock market transparency

The Ministry of Finance has issued a new circular which aims to improve stock market transparency in Vietnam. ​
View more
Latest Most Read
Seven strategic directions to lead the nation into a new era

Seven strategic directions to lead the nation into a new era

In the special feature on the new era—the era of the nation's rise—on October 31, 2024, Party General Secretary To Lam outlined seven strategic directions for the country to embark on this new phase of national development.
WB, Switzerland help boost Viet Nam’s sustainable urban development

WB, Switzerland help boost Viet Nam’s sustainable urban development

The Swiss Government and the World Bank (WB) on Monday signed an agreement to promote green and resilient growth in Viet Nam’s major cities.
Finance ministry proposes extending environmental tax cut on fuel products in 2025

Finance ministry proposes extending environmental tax cut on fuel products in 2025

The Ministry of Finance has proposed to continue 50 percent reduction in environmental tax on gasoline (excluding ethanol), oil, and lubricants until the end of 2025 to spur economic growth.
Workshop looks to address environmental management issues in industrial areas

Workshop looks to address environmental management issues in industrial areas

The State Audit Office of Vietnam (SAV) hosted a workshop in Hanoi on November 5, bringing together top auditors from ASEAN member states to share experience in handling environmental management challenges in industrial clusters and craft villages.
PM visits President Ho Chi Minh relic site in Kunming

PM visits President Ho Chi Minh relic site in Kunming

Yunnan - Prime Minister Pham Minh Chinh and his entourage offered flowers in tribute to President Ho Chi Minh at a historical relic site dedicated to the late Vietnamese leader in Kunming city, Yunnan province on November 5, as part of their ongoing working visit to attend the 8th Greater Mekong Sub-region (GMS) Summit and hold bilateral activities in China.
seven strategic directions to lead the nation into a new era

Seven strategic directions to lead the nation into a new era

In the special feature on the new era—the era of the nation's rise—on October 31, 2024, Party General Secretary To Lam outlined seven strategic directions for the country to embark on this new phase of national development.
delicacy of ha nois autumn

Delicacy of Hà Nội’s autumn

Cốm (young rice) is a delicacy of Hà Nội’s autumn, from which many popular dishes have been created, but it is also being developed in new ways by younger cooks.
vietnam cuba traditional solidarity special friendship

Vietnam-Cuba traditional solidarity, special friendship

Vietnam and Cuba continue to engage in regular bilateral contacts and exchanges at various levels, particularly at the highest levels. The robust political and diplomatic relationship has facilitated significant economic and trade cooperation between the two nations. Currently, Vietnam ranks as Cuba's second-largest trade partner in Asia and stands as the largest foreign investor from the Asian region in Cuba.
vietnam expands fta network

Vietnam expands FTA network

As of October 2024, Vietnam has signed and implemented 17 Free Trade Agreements (FTAs) and is negotiating two more. Expanding its FTA network underscores Vietnam’s commitment to economic integration, offering substantial opportunities to deepen its role in global value chains, boost exports, drive GDP growth, and enhance institutional frameworks.
vietnam qatar friendship and multifaceted cooperation

Vietnam – Qatar friendship and multifaceted cooperation

Prime Minister Pham Minh Chinh, his spouse and a high-ranking delegation of Vietnam are paying an official visit to Qatar. This is the first official visit by a Vietnamese Prime Minister to Qatar in 15 years.
Finance ministry proposes extending environmental tax cut on fuel products in 2025

Finance ministry proposes extending environmental tax cut on fuel products in 2025

The Ministry of Finance has proposed to continue 50 percent reduction in environmental tax on gasoline (excluding ethanol), oil, and lubricants until the end of 2025 to spur economic growth.
NA deputies call for solutions to ensure the feasibility of drug prevention and control programme

NA deputies call for solutions to ensure the feasibility of drug prevention and control programme

Việt Nam faces not only the risk of becoming a transit hub but also the potential of evolving into a production and distribution centre for international drug trafficking.
15th NA’s 8th session to further discuss legislative, inspection work next week

15th NA’s 8th session to further discuss legislative, inspection work next week

The third working week of the 15th National Assembly (NA)’s 8th session will, between November 4 and 9, address several key issues, focusing primarily on legislative and inspection activities.
Developing education, training to serve new era of nation: PM

Developing education, training to serve new era of nation: PM

PM Chính said the Party and State consistently pay attention to education and training, which are identified as a leading policy.
Efforts to bring electricity to remote villages of Ha Giang Province

Efforts to bring electricity to remote villages of Ha Giang Province

The northern province of Ha Giang has complex terrain and a sparsely populated community, which poses many challenges to infrastructure investment, particularly in bringing electricity to remote mountainous villages. However, thanks to the efforts of local authorities and the electricity sector, Ha Giang Province is gradually realising the goal of providing electricity to all highland villages.
Vietnamese F&B industry works to catch up with green consumption trend

Vietnamese F&B industry works to catch up with green consumption trend

By promoting the use of green materials and technologies in production, Vietnam will win the world food and beverage market which is switching to the green consumption trend, according to experts.
PM calls for Qatar

PM calls for Qatar's support for energy development in Việt Nam

The Vietnamese leader made the call at a reception for Saad bin Sherida Al Kaabi, Minister of State for Energy Affairs of Qatar and CEO of Qatar Energy - a state-owned oil and gas corporation in Qatar and one of the world's leading LNG producers.
Efforts made to create breakthrough in Vietnam

Efforts made to create breakthrough in Vietnam's automobile industry

The automobile industry is expected to be a locomotive that propels the development of other industries. However, after 30 years, it continues to face numerous challenges. After several missed opportunities, many people hope that the new strategy for the development of the automobile industry will provide additional support for a breakthrough.
Foxconn to invest US$80 million in Bắc Giang for chip manufacturing expansion

Foxconn to invest US$80 million in Bắc Giang for chip manufacturing expansion

Foxconn's Shunsin Technology Việt Nam is seeking an environmental permit for a US$80 million chip manufacturing project in Bắc Giang province.
Da Nang to invest additional 16 million USD into software park

Da Nang to invest additional 16 million USD into software park

The People's Council of Da Nang city has approved the adjusted pre-feasibility study report for the development of Software Park No 2, proposed by the municipal People's Committee.
PM receives heads of leading investment firm, authority of Qatar

PM receives heads of leading investment firm, authority of Qatar

Vietnamese Prime Minister Pham Minh Chinh have received leaders of the JTA International Investment Holding and the Qatar Investment Authority (QIA) in Doha as part of his official visit to the Middle Eastern country.
Forum suggests suitable orientations for green development strategy in Lam Dong

Forum suggests suitable orientations for green development strategy in Lam Dong

An investment forum entitled “Lam Dong Green Plateau — Sustainable Green Transformation: Opportunities for Investors” took place in Da Lat City, in the Central Highlands province of Lam Dong, on the afternoon of October 30.
Krungsri proposes accelerating purchase of 50% of SHBFinance’s charter capital

Krungsri proposes accelerating purchase of 50% of SHBFinance’s charter capital

Ayudhya Public Bank Limited (Krungsri), a member of Japan's MUFG Group, has proposed to the Saigon - Hanoi Commercial Joint Stock Bank (SHB) that it will speed up the acquisition of the remaining 50% of SHBFinance’s charter capital.
Finance ministry proposes two price management scenarios for year-end

Finance ministry proposes two price management scenarios for year-end

The Ministry of Finance has released two price management scenarios to control inflation until the end of the year.
Banking sector prioritises support for import-export firms

Banking sector prioritises support for import-export firms

Affordable bank credit has supported businesses in key sectors that drive the country’s economic growth, Nguyen Duc Lenh, deputy director of the State Bank of Vietnam’s Ho Chi Minh City office, told a conference on October 31.
Smart Banking 2024 workshop and exhibition held

Smart Banking 2024 workshop and exhibition held

While accelerating digital transformation, ensuring operational safety and information security is a priority. The remark was made by Nguyen Quoc Hung, Vice Chairman and General Secretary of the Vietnam Banks’ Association (VNBA) at the Smart Banking 2024 workshop and exhibition held in Hanoi on October 29.
Workshop looks to address environmental management issues in industrial areas

Workshop looks to address environmental management issues in industrial areas

The State Audit Office of Vietnam (SAV) hosted a workshop in Hanoi on November 5, bringing together top auditors from ASEAN member states to share experience in handling environmental management challenges in industrial clusters and craft villages.
More accurate forecasts at all levels needed to reduce coastal disaster risk

More accurate forecasts at all levels needed to reduce coastal disaster risk

Establishing different warning levels for natural disaster risks will help minimise damage and overcome the consequences of natural disasters.
Nearly-98-million-USD environment project inaugurated in Ninh Thuan

Nearly-98-million-USD environment project inaugurated in Ninh Thuan

The Phan Rang-Thap Cham city sub-project – part of the Coastal Cities Sustainable Environment Project funded by the World Bank Group was inauguarted in the south-central province of Ninh Thuan on November 2 with improved infrastructure works that can benefit 69,000 local residents.
Northern region to experience first cold weather of this winter

Northern region to experience first cold weather of this winter

A strong cold spell is expected to intensify around next Monday, bringing scattered rain and a likelihood that the northern region will experience its first snap of lower temperatures.
Technology “key” to attract FDI

Technology “key” to attract FDI

(VEN) - According to Nguyen Van Toan, Vice President of the Association of Foreign Investment Enterprises (VAFIE), apart from environmental factors, technology plays an important role, not only in economic development, but also in the race to attract foreign direct investment.
HCM City partners with Google for Education in digital transformation

HCM City partners with Google for Education in digital transformation

Tim Paolini, Director of Google for Education for Asia-Pacific and Middle East, had a working session with representatives of the Ho Chi Minh City People’s Committee on November 1 to discuss cooperation orientations for digital transformation in education.
Việt Nam develops

Việt Nam develops 'purely Vietnamese' generative AI

Many businesses in Việt Nam have quickly seized the opportunity and boosted investment to master the new technology.
Vietnam’s first semiconductor expo underway in HCM City

Vietnam’s first semiconductor expo underway in HCM City

The 2024 International Exhibition for Integrated Circuit and Semiconductor Industry (SEMICON VIETNAM), the first of its kind in the country, was opened in Ho Chi Minh City on October 31.
WB, Switzerland help boost Viet Nam’s sustainable urban development

WB, Switzerland help boost Viet Nam’s sustainable urban development

The Swiss Government and the World Bank (WB) on Monday signed an agreement to promote green and resilient growth in Viet Nam’s major cities.
VRA proposes over $7.2b for Lào Cai-Hà Nội-Hải Phòng-Quảng Ninh Railway project

VRA proposes over $7.2b for Lào Cai-Hà Nội-Hải Phòng-Quảng Ninh Railway project

The project aims to meet the growing demand for rail and to maximise the line’s capacity.
Eastern section of $1.23b southern expressway will soon be opened for use

Eastern section of $1.23b southern expressway will soon be opened for use

Construction of the 57.8-km Bến Lức-Long Thành expressway began in 2014, with capital estimated at over VNĐ31.3 trillion (US$1.23 billion).
Vietnam aims to produce innovative medicines

Vietnam aims to produce innovative medicines

The Ministry of Health has proposed a policy to encourage the transfer of new and innovative drugs, aiming to create more opportunities for patients.
190 businesses win Vietnam National Brand Award 2024

190 businesses win Vietnam National Brand Award 2024

A total of 359 products from 190 businesses were honoured with the National Brand Award 2024 at a ceremony held in Hanoi on November 4 evening.
Vietnamese AI firms have many chances of development

Vietnamese AI firms have many chances of development

Demand in the domestic market along with a series of new regulations and policies are supporting for the Vietnamese AI start-up community to develop.
Cooperatives play significant role in OCOP product development

Cooperatives play significant role in OCOP product development

(VEN) - Vietnam has so far developed over 14,000 3-star or higher-ranking OCOP products. Specifically, 72.1 percent of the products are 3-star, 25.8 percent are 4-star, and 2.1 percent are 5-star or potential 5-star products).
Cơ Tu ethnic’s farm produce debuts in supermarket system

Cơ Tu ethnic’s farm produce debuts in supermarket system

Organic farm produce from the Cơ Tu ethnic group in the central province’s Tr’hy commune has been introduced at the Mena Gourmet Market in HCM City, marking a positive move for the community-based sustainable agriculture production among ethnic community in Tây Giang district.
tcty-dau-khi-vn-pv-power-2022
Calligraphy exhibition highlights literary masterpieces

Calligraphy exhibition highlights literary masterpieces

The exhibition features 18 writers from all over the country. Each has a different profession, but they all share a love of Vietnamese calligraphy and a desire to spread this passion for art to as many people as possible.
VN int’l fashion week Fall/Winter 2024 prepares to open

VN int’l fashion week Fall/Winter 2024 prepares to open

Sixteen international and Vietnamese fashion designers and brands will display their latest collections at the Aquafina Việt Nam International Fashion Week (AVIFW) Fall/Winter 2024 held in Hà Nội from November 13-16.
Delicacy of Hà Nội’s autumn

Delicacy of Hà Nội’s autumn

Cốm (young rice) is a delicacy of Hà Nội’s autumn, from which many popular dishes have been created, but it is also being developed in new ways by younger cooks.
$10-billion national target programme on cultural development officially proposed to parliament

$10-billion national target programme on cultural development officially proposed to parliament

By 2030, Việt Nam will work to restore 95 per cent of special national relics (equivalent to about 127 relics) and 70 per cent of national relics (equivalent to about 2,542 relics). The cultural industry is expected to contribute seven per cent to the country's GDP.
Time Out lists Vietnam among Top 5 Memorable Christmas Escapes in Asia

Time Out lists Vietnam among Top 5 Memorable Christmas Escapes in Asia

British magazine Time Out has unveiled a list of the Top 5 Memorable Christmas Escapes in Asia, with Vietnam and its stunning natural beauty and a distinctive heritage being placed in second position.
Foreign travellers

Foreign travellers' interest in northern regions still strong after typhoon

Digital travel platform Agoda has recently revealed that traveler interest in key northern regions of Việt Nam has remained encouraging following the damage wrought by Typhoon Yagi, which made landfall on September 7.
Ninh Bình Festival to boost historical heritages of VN’s former capitals

Ninh Bình Festival to boost historical heritages of VN’s former capitals

From November 24 to 30 in Ninh Bình City and Hoa Lư District – the former capital of Việt nation from 968 to 1009 - the festival aims to portray glorious historical milestones and 'decode' the cultural values of the ancient capital.
Halal tourism: tackling religious and cultural differences

Halal tourism: tackling religious and cultural differences

Developing a domestic Halal industry catered to Muslims has been actively promoted by the Vietnamese Government in recent years. Apart from getting Vietnamese food products to meet halal standards to enter Islamic countries, halal tourism is also a new market that experts say Việt Nam should be exploring.
Mobile Version