INVESTORS HAVE AROUND $3.4B IN SECURITIES ACCOUNTS AT END OF Q2

The stock market is experiencing one of its worst periods since a new wave of investors boomed two years ago.

The market’s liquidity continued to decline, from the sessions with matching value of billions of dollars to an average of VNĐ12-13 trillion per session on all three exchanges.

According to estimates from cafef.vn, at the end of the second quarter, customers’ available balance in securities accounts reached VNĐ80 trillion (US$3.4 billion), a decline of VNĐ20 trillion over the record number at the end of the previous quarter. This is the lowest level since the first quarter of 2021.

The amount is mainly deposits of investors under the management method of securities companies, and is available in investors' accounts and has not been disbursed as of June 30.

VPS Securities JSC continues to be the securities firm with the largest deposit balance of nearly VNĐ22.7 trillion, and is also top of the companies that record growth in this category. However, the gain was less than VNĐ600 billion, significantly slower than that in previous quarters.

Despite showing signs of slowing down in the second quarter, VPS still leads in brokerage market share on all three exchanges and derivatives markets.

However, most securities companies recorded a sharp drop in customer deposits, even by thousands of billions of đồng compared to the end of the previous quarter.

Accordingly, VNDirect Securities Corporation reported a decrease of nearly VNĐ1.8 trillion in deposits to VNĐ8.2 trillion. It was followed by SSI Securities Corporation with a fall of VNĐ5.76 trillion, MB Securities JSC down VNĐ4.05 trillion, and FPT Securities JSC down VNĐ4 trillion. Techcom Securities JSC (TCBS) is the securities company whose investors’ deposit balance dipped the most in the second quarter with nearly VNĐ2.6 trillion.

In addition, loans outstanding balance at securities companies also dropped sharply after peaking at the end of the previous quarter. Statistics show that loans outstanding balance at the end of the second quarter is estimated at about VNĐ150 trillion, down VNĐ50 trillion compared to the peak at the end of the first quarter.

The downtrend of the liquidity, available balance in investor accounts and loans outstanding balance at securities companies is in contrast to the mushrooming number of new securities accounts.

Domestic investors opened more than 1.8 million new accounts in the first six months of the year, far exceeding the previous record number in 2021, according to statistics.

Thereby, the number of new accounts is no longer reflecting the true number of new investors entering the market. However, it is undeniable that securities are gradually becoming an increasingly popular investment channel among the population.

The optimistic long-term outlook of the market is expected to attract more cash flow from new investors in the future.

Source: VNS

Related News

MEMBER CORNER / PROMOTIONS

VIETNAM'S MANUFACTURING STORY HAS CHANGED IN 2026

Vietnam is no longer attracting investment solely because of its competitive costs. Today, global manufacturers are increasingly choosing Vietnam for its expanding industrial ecosystem, resilient supply chains and growing role in high-value sectors such as semiconductors, electronics and advanced manufacturing.

Jul 24, 2026

BANKING / FINANCE / INSURANCE / TAX

VIETNAM NEEDS OVER $200BN FROM STOCK MARKET IN NEXT 5 YEARS

Speaking at the event, Bui Hoang Hai, vice-chairman of the State Securities Commission of Vietnam, said total investment demand in the 2026-30 period is estimated at VND38,000 trillion ($1.4 trillion). The state budget can only provide approximately VND8,500 trillion ($323 billion), or 20 percent, leaving the remaining 80 percent to be sourced from private and international capital.

Jul 23, 2026

VIETNAM ECONOMY INVESTMENT

HUNG YEN BUILDS DIGITAL FOUNDATIONS TO DRIVE LONG-TERM GROWTH

From strengthening data infrastructure to developing AI platforms, Hung Yen province is enhancing governance capacity while laying the groundwork for the growth of its digital economy. Hung Yen, about 50-60km southeast of Hanoi, has maintained steady momentum in implementing its digital transformation agenda, creating a stronger foundation for the province to advance science, technology, and innovation.

Jul 23, 2026

VIETNAM ECONOMY INVESTMENT

CHINESE INVESTMENT WAVE OPENS NEW DOORS

As Chinese companies move beyond factory relocation to ecosystem-driven investment, Vietnam has a rare opportunity to evolve from a low-cost production base into a strategic node in regional value chains. When global companies first diversified supply chains, the focus was largely on relocating manufacturing capacity.

Jul 23, 2026

VIETNAM ECONOMY INVESTMENT

VIỆT NAM STEPS UP EXPORT TO ACHIEVE US$550-BILLION TARGET

Việt Nam is intensifying efforts to sustain export momentum in the second half of 2026 as the country works towards its target of US$550 billion in export revenue for the year, despite continuing uncertainties in global trade. Statistics show that exports reached $266.5 billion in the first six months, meaning the economy needs to generate around $245.5 billion more during the remainder of the year to meet the annual goal.

Jul 23, 2026

VIETNAM ECONOMY INVESTMENT

ASIA POWERS VIETNAM’S SHRIMP BOOM, LEAVING THE WEST BEHIND

In the first half of 2026, Vietnam's shrimp exports surpassed the US$2.3 billion mark, driven largely by booming demand from China and a lobster craze. But behind that growth figure lies a lopsided picture: Asia is carrying the load, while the U.S. and Europe have yet to break out. These days, a container of frozen shrimp leaving a Ho Chi Minh City port is more likely to cross the East Vietnam Sea to Shanghai than the Pacific to Los Angeles.

Jul 23, 2026