Vietnam records over 3 million trading accounts in stock market
(VOVWORLD) - As of the end of March, there were more than 3 million trading accounts in the stock market, including 2.98 million opened by individual domestic investors.
 An investor at Vietcombank Securities Company (Photo: VNA) |
Under the government’s stock market development plan, Vietnam has aimed to raise the number of securities investors to 3% of total population by 2020 and 5% by 2025. By the end of last year, Vietnam’s population was 97.85 million people, which means part of the target has been completed.
In the first quarter of this year, nearly 258,000 new accounts were opened. In March alone, the number of new securities trading accounts opened by domestic individual investors stood at more than 113,000, the highest monthly figure in Vietnam’s stock market history over the past 20 years, according to the Vietnam Securities Depository (VSD).