Việt Nam witnessed the addition of 110,761 new securities accounts in April, bringing the total number of domestic securities accounts to over 7.7 million, according to data provided by the Việt Nam Securities Depository (VSD).

The potential reduction in interest rates by the Fed is expected to open up favourable investment opportunities in Vietnamese stocks, particularly in key sectors such as banking, import-export, retail, materials, industrial parks, technology and businesses with high dividend yields.

Benchmark indices extended gains on Tuesday, with the VN-Index inching closer to the threshold of 1,250 points, while foreign investors continued to be net buyers.