New securities accounts reach record high in November
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.
Two investors looking at a stock trading board on a laptop. (Photo: vneconomy.vn)
Hanoi (VNS/VNA) - 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.
This is also the highest monthly figure ever recorded throughout the market’s 21-year history.
A large majority (220,602) of these accounts were opened by domestic individual investors, whereas 215 accounts went to domestic institutional investors. Meanwhile, foreign individual investors opened 437 accounts and foreign institutional ones claimed the rest with 24 accounts.
Experts believe the soaring number of new securities accounts was due to low deposit rates, the Government’s tightened control on corporate bonds and expected economic recovery after the pandemic. Currently, Vietnam’s security market is growing more attractive to investors compared to other countries in the region.
Besides, Vietnam’s reclassification to emerging market status is considered highly feasible in the next two years. With online customer identity verification eKYC in place, account opening is much easier, allowing more investors to enter the market to keep liquidity ample.
By November 30, there were 4,083,325 accounts in Vietnam’s security market, 1.3 million higher than the number in late 2020./.
The State Securities Commission of Vietnam (SSC) has warned investors on the risk of conducting business and investment activities on trading floors that are not organised and operated by the Vietnam Stock Exchange (VNX) and its subsidiaries.
Many securities companies are planning to raise capital through forms such as dividend payment, purchase rights and private offerings to meet the growth of the stock market.
The number of accounts owned by foreign individuals and organisations in Vietnam’s stock market had hit more than 38,000 as of September 2021, a year-on-year surge of 34.7 percent.
Securities investment funds in Vietnam have ample room for growth if they effectively promote current results and implement goals and solutions in a substantial way with a roadmap in accordance with the country's international integration and situation, according to the State Securities Commission of Vietnam (SSC).
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.
Two investors looking at a stock trading board on a laptop. (Photo: vneconomy.vn) 
