HCMC – Vietnam’s stock market saw nearly 260,000 new accounts opened in August, the sharpest monthly spike in over three years, lifting the total to 10.75 million, official data showed.
Since the start of the year, 1.45 million new accounts have been added. Accounts opened by individual investors accounted for 99.4% of the total, according to the Vietnam Securities Depository and Clearing Corporation (VSD).
The surge comes as the benchmark VN-Index extended a four-month winning streak, climbing nearly 12% in August to close the month at 1,682 points, up from 1,226 in early April.
Average daily trading value rose 41% from July to more than VND49.5 trillion, with over 1.75 billion shares changing hands each session.