Total securities trading accounts hit nearly 8 mln

Domestic investors registered over 750,000 new securities trading accounts during the first six months of the year, according to the Vietnam Securities Depository and Clearing Corporation (VSDC).

The figure brings the total number of accounts so far to nearly 8 million.

Of which, more than 7.98 million accounts, or over 99%, are owned by individual investors and the remaining by institutional investors.

In June alone, over 106,580 accounts were opened, including 106,417 accounts by individual investors.   

Vietnam targets to have 9 million securities trading accounts by 2025 and 11 million by 2030 following the stock market development strategy by 2030 that has been approved by the Government.