More foreign investors open stock tcodes in Vietnam

Illustrative image (Source:VNA)

Hanoi (VNA) – A hundred new foreign investors have been issued stock transaction codes (tcodes) in Vietnam, the Vietnam Securities Depository (VSD) said.

VSD has also agreed to adjust information on 25 foreign investors, including six organisations and 19 individuals. It also canceled the codes of one foreign unit.

In the first 11 months of the year, the authority issued tcodes for nearly 1,000 foreign investors. Of these, 661 were individual investors and 277 were foreign organisations.

The number of individual investors has reached a record high since 2011, thanks to Decree No 60/2015, which went into effect in September, creating more room for foreign investors.

Vietnam continues welcoming more foreign investors to the country and to open stock transaction accounts.

Currently, Vietnam has issued tcodes to 18,508 foreign investors, of which 2,864 were organisations and 15,665 were sole investors.-VNA