Domestic investors open nearly 173,000 new securities accounts in September
Domestic investors registered 172,695 new securities trading accounts in September, marking the second-highest number in over a year, according to the Vietnam Securities Depository and Clearing Corporation (VSDC).
Domestic investors register 172,695 new securities trading accounts in September. (Photo: VNA)
Hanoi (VNA) – Domestic investors registered 172,695 new securities tradingaccounts in September, marking the second-highest number in over ayear,according to the Vietnam Securities Depositoryand Clearing Corporation (VSDC).
In the month, domestic organisations opened 90 new accounts, VSDC said.
As of September, the total number of accounts of domesticindividual investors surpassed 7.76 million, equivalent to more than 8% of thepopulation.
In September, foreign individual investors and organisations registered225 and 28 new accounts, respectively, lifting the total number of foreign accountsto 42,711.
The Vietnamese stock market has recorded a bullish third quarter, with consecutivebillion–USD trading sessions.
The average trading value in September increased by 11.2%compared to the previous month, and up 85.4% over the same period last year to 28.62 trillion VND per session.
The average trading value on the Ho Chi Minh Stock Exchange(HoSE) and the Hanoi Stock Exchange (HNX) reached 25.13 trillion VND and 2.38 trillion VND per session in September, up 12.7% and 9.0% month-on-month,respectively. Meanwhile, the value of each session on the Unlisted Public Company Market (UPCoM) reached 1.10 trillion VND, down 11.3%.
The stock market continued to lure capital inflows in thecontext that interest rates are declining rapidly, and other investmentchannels such as real estate and corporate bonds remain subdued.
HoSE is exerting every effort to put a trading systemdeveloped by the Korea Exchange (KRX) into operation at the end of 2023 in abid to ensure the smooth operation of the market continuously andeffectively.
𝓀 Signed by HoSE and KRX in 2012, theproject is expected to bring new products, trading, and paymentsolutions to the Vietnamese stock market, such as T 0 settlement, shortselling, and option contracts. This will create a premise to solve thebottlenecks and move towards upgrading the market from frontier to emerging./.
Competition on digitisation in securities trading is creating a driving force for the development of financial firms, and at the same time bringing many benefits for investors.
Despite the difference in policies of the State Bank of Vietnam (SBV) and the US Federal Reserve (Fed), the USD/VND exchange rate has remained stable to date thanks to a trade surplus and a bright economic outlook of Vietnam in the second half of 2023, experts said.
China’s Laoling city, in coordination with VINEXAD, hosted a series of events in Ho Chi Minh City from August 7-9 to seek trade and economic cooperation with Vietnam.
Vietnamese Ambassador to Cambodia Nguyen Minh Vu led a delegation to Mondulkiri, Ratanakiri, and Kratie provinces from August 5-8, aiming to deepen economic ties and support Vietnamese businesses operating in Cambodia’s northeastern region.
Party General Secretary To Lam’s upcoming state visit to the Republic of Korea (RoK) is expected to mark a new milestone in the bilateral relationship, creating fresh momentum for trade and investment cooperation between the two countries.
In the context of the growing global digital economy, digital transformation and the promotion of e-commerce are key drivers helping Vietnam boost integration, enhance competitiveness, and expand export markets, according to the Vietnam E-commerce and Digital Economy Agency
Tilapia is considered highly competitive in export markets thanks to its affordability, ease of processing, and appeal across both high-end and mass-market segments.
In the first seven months of the year, Phu Tho attracted an impressive 651.7 million USD in foreign direct investment, including 35 newly licensed projects totaling 119 million USD in registered capital and 45 existing projects with an additional capital of 533 million USD.
Under the agreements, VinEnergo will invest in, install, and operate 43 MWp of rooftop solar power capacity and 45 MWh of BESS capacity across the three plants.
Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
Of the total, 107,700 were new firms, with combined registered capital of 928.4 trillion VND (35.4 billion USD), up 10.6% in number and 5.5% in capital compared with the same period last year.
Experts agree that a combination of technology, enforcement, education and cross-border cooperation is essential to protect copyrighted content in Vietnam’s growing digital ecosystem.
Poland is Vietnam’s largest export market in Central and Eastern Europe, with key staples including seafood, textiles, footwear, coffee, and cashew nuts.
Cashless payments are growing at an impressive rate, averaging 30–40% annually. Vietnam’s per capita cashless transaction volume now trails only China, with total value of 295.2 quadrillion VND (11.26 trillion USD), or 26 times of its GDP.
A draft resolution on piloting a digital asset and cryptocurrency market is being developed, aiming to create a broad-enough regulatory sandbox that enables investor participation and provides practical grounds for policy refinement in areas such as risk management and anti-money laundering.
Domestic investors register 172,695 new securities trading accounts in September. (Photo: VNA) 
