07:00 08/08/2024

Nearly 330,000 securities trading accounts open in July

Tuệ Lâm

The figure marking a record high over the past two years.

Vietnamese investors registered nearly 330,000 new securities trading accounts during July, tripling the figure of the previous month and marking a record high over the past two years, according to the Vietnam Securities Depository and Clearing Corporation (VSDC).

Of which, 329,836 accounts were owned  by individual investors and 146 others by institutional investors.

The July figure brings the total number of securities trading accounts to nearly 1.1 million in the first seven months of the year.

By the end of July, the total number of accounts owned by domestic investors reached more than 8.33 million, equivalent to 8% of the total population.

Under the stock market development plan by 2030, Vietnam targets to have 9 million securities trading accounts by 2025 and 11 million by 2030.