Wenger has already spent over £60m on the signings of Mathieu Debuchy, Alexis Sanchez, David Ospina and Calum Chambers and the Frenchman is confident of making more additions to his squad.
"I'm still open to do more and let's not forget we are on the first of August today and the transfer window closes on the first of September," he said.
"For years, it's been a long time sitting with you here on the first of August having done quite a lot so we are a bit ahead of what we usually do. The availability on the market was bigger and earlier than before.
"The bigger clubs have done their deals early and when one starts, everybody follows and that's why it was a bit quicker.
"Many clubs decided to do it before the World Cup and after the World Cup, not a lot has happened but I think the second week of August will be busy again.
"Everybody takes a breather at the moment because everybody checks now in preparation games what they still need.
"People have done the biggest part of what they want to do and the last part will be done after the preparation games to see what you have missed."
Asked whether he expects Vermaelen to remain at the club next season, Wenger said: "At the moment, he is here.
"It could happen. Yes, it's a possibility that he goes and if he goes we have to replace him because he is an important player in our squad.
"I expect him to stay but of course he did not play enough games last year. For me he is a very important player but I couldn’t give him the games that he wanted last year so I will see."
Wenger was also asked at Friday's press conference about speculation linking him with a swoop for Porto's Colombia international midfielder Juan Quintero, but the Gunners boss categorically denied that was planned and insisted any talk of a move for AC Milan's Italy striker Mario Balotelli was also wide of the mark.
"That's wrong [on Quintero]," said Wenger. "For weeks, we were buying [Mario] Balotelli from one minute to the other and it was all wrong. We do not master all the noises that come out.
"I don't want to give you any names but at the moment, we are not after anybody in particular. Are we close? It depends what you call close. What I call close is imminent. On that front, we are not close."
Wenger has done enough business to ensure forth. As per usual he won't do enough to push for the title. Everyone can see they need a world class DM, he won't sign one despite the links to Bender, etc. Same old story.- wallybazoom