Over 125,000 new stock trading accounts opened in January

Vietnamese investors registered 125,169 new securities trading accounts during January, according to the Vietnam Securities Depository and Clearing Corporation (VSDC).

At the same time, 1,279 accounts were deleted.

As of the end of January, the total number of accounts belonging to domestic individual investors was 7.35 million.

Deputy Prime Minister Le Minh Khai has recently signed a decision approving the strategy on developing the stock market by 2030.

Under the strategy, stock market capitalization is to equal 100 per cent of GDP by 2025 and 120 per cent by 2030, while outstanding bonds are to represent at least 47 per cent of GDP by 2025 and 58 per cent by 2030.

The derivatives market, meanwhile, is projected to grow by an average of 20-30 per cent a year in the 2021-2030 period.

The number of stock traders is to reach 9 million by 2025 and 11 million by 2030.