In June 2024, domestic investor accounts increased by 106,580, a decrease of 25,430 accounts compared to the increase in May. Of these, individual investors opened 106,417 new accounts, while institutional investors opened 163 new accounts.
On average, the stock market recorded over 3,550 new individual and institutional accounts per day.
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Situation of New Account Openings in the Vietnamese Stock Market
Source: VSD, VietstockFinance
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Cumulatively since the beginning of the year, domestic investor securities accounts have increased by 751,316. The average number of new accounts per day is over 4,150.
As of the end of June, the total number of domestic investor securities accounts was approximately 8 million, the highest ever. Of these, individual investors held over 7.98 million accounts, equivalent to 8% of Vietnam’s population.
According to the Securities Market Development Strategy approved by the Government in late 2023, Vietnam aims to reach 9 million securities trading accounts by 2025 and 11 million by 2030. Thus, the number of securities accounts as of now is about 1 million accounts away from the short-term target.
The most extensive bribery case ever in Thanh Hoa: Numerous suspects prosecuted for “Giving and Receiving Bribes”
The Provincial Security Investigation Agency (PSIA) of Thanh Hoa province announced on January 31st that it has made the decision to initiate a prosecution against 23 individuals in connection with the offenses of “Accepting bribes” and “Giving bribes” as stipulated in Article 354(3) and Article 364(2) of the Criminal Code.
Accelerating disbursement of the 120 trillion VND credit package for social housing
Deputy Prime Minister Trần Hồng Hà has recently issued directives regarding the implementation of the 120,000 billion VND credit package for investors and buyers of social housing, workers’ housing, and projects for the renovation and construction of apartment buildings.
“Prosecution of government officials, land registration officers, and tax department employees in the largest bribery case ever”
The Thanh Hoa Police Investigative Agency has initiated legal proceedings against 23 individuals involved in the crimes of “Bribery” and “Receiving bribes”. This is the largest bribery case in terms of the number of suspects ever discovered and apprehended by the Thanh Hoa Police.
