VNStockNews.com - The Vietnam Securities Depository Agency said Tuesday it issued licenses to 20 new foreign institutional investors in May to trade local stocks, raising the total number to 1,296.
During the month, 79 foreign individuals also received permission to trade, increasing the total number to 12,829, the agency said in a statement.
Vietnam's share index, or VN index, has fallen 13.5% so far this year and the Hochiminh Stock Exchange's total market capitalization was VND551 trillion ($29 billion) as of Tuesday. (Dow Jones)