Securities trading accounts hit 9 million

The total number of securities trading accounts owned by domestic investors hit 9 million by the end of October, achieving the target ahead of schedule set by the Government, according to the Vietnam Securities Depository and Clearing Corporation (VSDC).

Under the national strategy on stock market development by 2030, Vietnam targets to have 9 million securities trading accounts owned by domestic investors by 2025 and 11 million by 2030.

In October, domestic investors registered 157,000 new securities trading accounts, bringing the total number of new accounts so far this year to 1.73 million.

By the end of October, the total number of securities trading accounts of domestic investors reached almost 9 million, equivalent to 9% of the country’s total population.