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Number of stock trading accounts in Vietnam drops again

The number of stock trading accounts in Vietnam has fallen for a second consecutive month, according to data from the Vietnam Securities Depository and Clearing Corporation. Where as there were 7,445,544 accounts at the end of October, at the end of November there were 7,252,743, a drop of 192,081. This has come about as the authorities try to bring greater transparency to who is trading what and when on the back of several high-profile cases of stock market manipulation. Banks and securities firms, as s a result, have taken to closing unused accounts.

See also: New HoSE retail trading accounts fall by 378,000 in October 

Vietnam stock trading accounts, June to November, 2023

Date Domestic Investors Foreign Investors Total
Individuals Institutions Individuals Institutions
November 7,191,502 16,045 40,662 4,534 7,252,743
October 7,384,707 15,885 40,429 4,523 7,445,544
September 7,762,844 15,721 40,200 4,506 7,823,271
August 7,590,239 15,631 39,943 4,488 7,650,301
July 7,402,074 15,498 39,634 4,460 7,461,666
June 7,251,723 15,442 39,450 4,432 7,311,047

Source: Vietnam Securities Depository and Clearing Corporation | Statistics