Monday 02 October 2023 - 1:20:44 am

Vietnam's daily stock trading value ranks second in ASEAN

HANOI, 20th April, 2022 (WAM) -- The average daily trading value on Vietnam’s stock market has reached more than VND30.84 trillion (US$1.34 billion) per session so far this year, up 15.9 percent from the last year's figure and now the second largest in ASEAN, only after Thailand, the Vietnam News Agency (VNA) quoted the Ministry of Finance as saying.

By the end of March, the market size had risen by 3.37 percent from last year to close to VND1.8 trillion, equivalent to 21.4 percent of the GDP. There are 768 securities and fund certificates listed on the Hanoi Stock Exchange (HNX) and the Ho Chi Minh City Stock Exchange (HOSE), while 883 others are listed on the Unlisted Public Company Market (UPCOM).

The number of securities accounts is rising, with more than 676,600 newly opened in the first quarter of 2022, almost equal to the 2021 figure. Total accounts have exceeded 4.98 million so far, an increase of 15.7 percent compared to the end of last year.

WAM/Esraa Ismail/Rola Alghoul