Wednesday , July 24 2024

Around 8% of Vietnam’s population have accounts for securities trading


Domestic individual investors hold more than 7.98 million accounts for securities trading as of the end of June, or 8% of Vietnam’s population.

In June, the number of accounts of domestic investors increased 106,580, most of which are opened by individual investors, while there were only 163 new accounts opened by organizational investors, according to statistics supplied by the Vietnam Securities Depository and Clearing Corporation.

Foreign investors opened 185 accounts in June.

There were a total of 750,000 new accounts in the first half of this year, bringing the total number of accounts for securities trading of domestic individual investors to nearly eight million.

Vietnam has a target of having nine million accounts for securities trading by 2025 and 11 million by 2030.

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