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