Vietnamese individual investors open 106,417 new securities accounts in June
Vietnamese individual investors opened 106,417 new accounts in June, a decrease of more than 25,000 from May, according to the Vietnam Securities Depository (VSD).
By the end of June 2024, the total number of Vietnamese investor accounts reached approximately 8 million, the highest level ever in the nearly 24-year history of the Vietnamese stock market. Of them, individual investors hit 7.98 million, equivalent to 8% of the population.

The VN-Index stood at 1,283 .04 points on July 5, 2024, up 0.23% from the beginning of June, and 13.55% from the year outset. Photo by The Investor/Trong Hieu.
The number of securities accounts decreased in June because the market encountered many difficulties at the resistance area of around 1,300 points, in both June and the first trading week in July.
Closing the session on July 5, the VN-Index, which represents the Ho Chi Minh Stock Exchange (HoSE), stood at 1,283 .04 points, up 0.23% from the beginning of June, and 13.55% from the year outset.
June also saw foreign investors continuing to be net sellers to the tune of nearly VND16.6 trillion ($653.1 million). In the first five sessions of July, they net sold over VND2.16 trillion. Since the beginning of the year, foreign investors have net sold a total of nearly VND55 trillion (about $2 billion).
Many experts said that foreign investors' net selling comes from concerns that the U.S. Federal Reserve (Fed) will maintain high interest rates, even leaving open the possibility of the rates again.
In theory, the Fed’s high interest rates have made the valuation of Vietnam's stock market and other frontier markets less attractive. In addition, the good gain of some stock markets in developed countries is also the reason why foreign investors have strongly withdrawn money from emerging countries.
Broker Yuanta Vietnam Securities believes that inflation is still in a downward cycle, and the USD is cooling down. However, USD interest rates are still at high levels, while the central banks in Europe and Canada have begun to reduce interest rates. This raises expectations about the possibility of interest rate reductions in the last six months of the year to support the recovery of the economy.
It says that the VN-Index may increase, and if the VN30 index, which tracks the performance of the 30 largest-cap stocks, exceeds 1,310 points, the uptrend will be clearer and cash flow may return to the group of blue chips. Yuanta Vietnam recommends that investors choose stocks in their portfolio carefully and prioritize holding a high proportion of shares in the long term.
Another broker MBS Securities believes that the upward momentum of the benchmark VN-Index has not reached its limit. The valuation of large-cap stocks seems to be attractive thanks to their profit growth potential in the 2024-2025 financial year compared to other groups, it said.
"We predict the VN-Index will reach 1,350-1,380 points by the end of the year, after 20% profit growth in fiscal 2024 and a P/E (price to earnings) target of 12 to 12.5 times," it says.
- Read More
Indonesia to end incentives for imported CBU BEVs in 2026
The Indonesian government has confirmed that it will stop providing incentives for imported completely built-up (CBU) battery electric vehicles (BEVs) from 2026.
Southeast Asia - Tue, September 16, 2025 | 9:44 pm GMT+7
Aquatic sector advised to navigate challenges, secure exports to EU, US
Despite positive production signals with growth in 2025 projected at 4.25%, Vietnam's aquatic sector is facing mounting export pressures, particularly strict technical barriers in major markets such as the EU and the U.S.
Companies - Tue, September 16, 2025 | 9:41 pm GMT+7
Vietnam pledges favorable conditions for UK businesses
Finance Minister Nguyen Van Thang has affirmed Vietnam’s commitment to improving its investment environment and creating favourable conditions for foreign enterprises, including those from the UK.
Companies - Tue, September 16, 2025 | 9:29 pm GMT+7
Lotte Shopping plans to open more shopping malls in Vietnam
South Korean retail giant Lotte Shopping has unveiled plans to open an additional two to three large-scale shopping malls in major Vietnamese cities by 2030, underscoring the country’s growing role in the group’s international expansion strategy.
Companies - Tue, September 16, 2025 | 9:25 pm GMT+7
Vietnam ratifies WTO Agreement on Fisheries Subsidies
Vietnam officially deposited its instrument of ratification of the Agreement on Fisheries Subsidies at the WTO General Council’s special session in Switzerland on Monday.
Companies - Tue, September 16, 2025 | 9:21 pm GMT+7
What makes NobleGo - Vietnam’s first home-bidding livestream platform - so notable?
NobleGo – Vietnam’s pioneering AI-powered livestream real estate bidding platform developed by Sunshine Group – has completed its first 20 livestream sessions.
Real Estate - Tue, September 16, 2025 | 4:53 pm GMT+7
Japanese retailer Aeon to debut another northern Vietnam shopping mall by end-2026
Japanese-backed Aeonmall Vietnam is ramping up construction on its Aeon Mall Ha Long project in Quang Ninh province, home to Ha Long Bay, with an aim to open it to the public by end-2026.
Industries - Tue, September 16, 2025 | 3:54 pm GMT+7
Hanoi terminates Vinaxuki auto plant project, repurposes land for commercial complex
A long-stalled automotive manufacturing project by Xuan Kien Auto JSC (Vinaxuki) has been officially terminated by Hanoi authorities, and the reclaimed land in Phuc Thinh commune will be repurposed for a new commercial and service complex.
Industries - Tue, September 16, 2025 | 2:44 pm GMT+7
Central Vietnam province reviews investment proposal for thermal power project after Thai EGATi pullout
Authorities in the central province of Quang Tri are evaluating a proposal from Power Generation JSC 1 (EVNGENCO 1), a subsidiary of state utility Vietnam Electricity (EVN), to take over the Quang Tri thermal power plant project, following the withdrawal of Thai investor EGATi.
Energy - Tue, September 16, 2025 | 1:44 pm GMT+7
Amata to sell stakes worth $46 mln in Vietnam units to Novaland-tied buyers
Amata VN, the Vietnam arm of Thailand’s leading industrial park developer Amata, has approved a plan for its subsidiary Amata City Long Thanh Urban JSC (ACLT) to sell its remaining 51% stakes in two entities to local developer Novaland-linked buyers.
Real Estate - Tue, September 16, 2025 | 12:19 pm GMT+7
Vietnam already meets FTSE's criteria for stock market status upgrade: Finance Minister
Vietnam has fulfilled the criteria for a stock market status upgrade by FTSE Russell through reforms aimed at facilitating foreign investment inflows into its market, said Minister of Finance Nguyen Van Thang.
Economy - Tue, September 16, 2025 | 9:36 am GMT+7
Banks should be allowed to distribute, invest in mutual fund certificates: Vietnam's finance ministry
The Ministry of Finance is proposing a key reform that would allow commercial banks to invest in and distribute mutual fund certificates, as part of a broader plan to restructure the investor base and foster the development of Vietnam’s fund management industry.
Finance - Tue, September 16, 2025 | 8:00 am GMT+7
E-commerce boom a major driver of Vietnam's packaging paper industry growth
Vietnam's paper packaging industry is entering a period of strong growth, with an average annual growth rate forecasted at 10% until 2030.
Companies - Mon, September 15, 2025 | 10:20 pm GMT+7
Vietnam needs support from UK in developing international financial center: Deputy PM
Permanent Deputy Prime Minister Nguyen Hoa Binh has called on the UK and the City of London to continue supporting and accompanying Vietnam in promoting and introducing its international financial center (IFC).
Finance - Mon, September 15, 2025 | 10:12 pm GMT+7
Vietnam enforces 8% capital adequacy ratio for banks from Sept 15
Commercial banks and foreign bank branches in Vietnam must maintain a minimum capital adequacy ratio (CAR) of 8%, including at least 4.5% in Tier 1 core capital and 6% in Tier 1 capital, starting from September 15.
Banking - Mon, September 15, 2025 | 10:04 pm GMT+7
Tool for wood traceability management debuts in Vietnam
The Vn-WoodID application has been officially launched in Vietnam, becoming a key tool contributing to wood traceability.
Companies - Mon, September 15, 2025 | 10:00 pm GMT+7
- Consulting
-
Vietnam's government seeks to position country as 'regulated hub for digital assets in Asia': Dragon Capital
-
The ASEAN trade puzzle: Smart moves in a shifting landscape
-
Vietnam’s breakthrough opportunity against world-wide US tariff wave
-
Trump trade mayhem to steepen yield curve and weaken US dollar
-
Navigating tariff shocks: Vietnam’s path forward through diversification
-
Southeast Asia IPO performance in Jan-June