The Vietnam Securities Depository (VSD) in August issued securities trading codes to 296 foreign investors, the highest recorded within eight months but down 8.6 per cent over the same period last year.

Investment funds involved in Viet Nam’s equity market reported positive growth in net asset value (NAV) in August due to a stock market upturn.

Vietnamese shares rose to a three-month high on Thursday after taking the single-day national holiday break as market sentiment soared to drive large-cap stocks up.

Vietnamese shares struggled to climb over 900 points on Thursday morning, driven by the large-cap sector.

The State Securities Commission’s draft circular to replace an older one on the guidelines for securities trading is in line with modern trends, perfecting financial products and their diversities, adjusting trading time to suit the needs of domestic and foreign investors, said an expert.

The VN-Index ranked above Russell 3000, Nasdaq, or S&P 500, among others, in terms of growth in August.

Local shares extended gains for a fourth straight day on Tuesday as market sentiment returned to the positive territory and strong domestic purchasing offset foreign net selling.