The number of investor accounts in the stock market has exceeded 11 million.

VTV.vn - The Vietnamese stock market in 2025 is expected to maintain a positive growth trend compared to many markets in the region.

The Vietnamese stock market maintains its positive growth momentum.

The Vietnamese stock market is expected to experience positive growth in 2025.

Despite the impact of international political and economic fluctuations, the Vietnamese stock market in 2025 maintained a positive growth trend compared to many markets in the region. This result is linked to the flexible guidance and management of the Government and the Ministry of Finance , along with the efforts to reform and modernize the technological infrastructure of the regulatory body. Notably, FTSE Russell officially announced the upgrade of the Vietnamese stock market from a frontier market to a secondary emerging market.

In 2025, the State Securities Commission achieved significant results in perfecting the legal and policy framework for the market. Institutional development was implemented synchronously, with the issuance of 2 decrees, 1 resolution, 7 circulars, and 3 major projects. Simultaneously, the regulatory body proactively implemented operational solutions, strengthened policy dialogue, and promoted cooperation with international organizations to support the market upgrade process.

Management, supervision, and handling of violations continue to be strengthened, linked with promoting information technology modernization, administrative reform, and expanding foreign cooperation, thereby contributing to ensuring a safe, stable, transparent, and efficient market operation.

Deputy Minister of Finance Nguyen Duc Chi noted five key highlights, reflecting the efforts and determination of the entire securities industry in 2025. According to the Deputy Minister, the Vietnamese securities market maintained positive growth momentum, evidenced by the increase in indices, liquidity, market capitalization, and the number of investors. The legal system regarding securities continued to be reviewed, strengthened, and improved, with the amended Securities Law and other documents issued during the year contributing to enhancing the consistency and transparency of the legal framework.

Furthermore, the new information technology system has officially come into operation, creating a foundation for expanding the market scale and launching new products. FTSE Russell's market upgrade is considered a significant milestone, affirming the position and prestige of the Vietnamese stock market on the international financial map. Maintaining market discipline and order continues to be emphasized; violations are detected and handled in accordance with the law, thereby protecting the legitimate rights and interests of market participants.

The stock market recorded strong growth in both index and liquidity.

The next stage of development for the securities industry.

Regarding the orientation for 2026, Deputy Minister Nguyen Duc Chi stated that this year marks the beginning of the 2026-2030 development period, setting requirements for the stock market to better meet the development needs of the economy . Accordingly, the State Securities Commission is requested to continue perfecting the legal framework, implementing solutions to maintain and aim for higher ratings according to higher standards; ensuring safe operation and improving the efficiency of the information technology system; and strengthening the application of science and technology in management and supervision. At the same time, it should research and develop new products, improve the quality of the investor base, promote training and dissemination of information, and expand international cooperation.

Chairwoman of the State Securities Commission, Vu Thi Chan Phuong, stated that 2026 is a crucial year for the next stage of development in the securities industry. The State Securities Commission is committed to effectively implementing its assigned key tasks, ensuring the safe and stable operation of the securities market, and continuing its development according to higher rating standards, playing a key role as the primary channel for mobilizing medium and long-term capital for the economy.

Regarding market developments in 2025, the stock market recorded strong growth in both index and liquidity. The VN-Index increased by 38% compared to the end of the previous year, with an average trading value of nearly 29,440 billion VND per session. Market capitalization exceeded 9.68 million billion VND, equivalent to 84.1% of the estimated GDP in 2024. The bond market maintained stable growth, with over 473 listed bonds, a total listed value of over 2.6 million billion VND, equivalent to 22.8% of GDP; the average trading value reached nearly 15,000 billion VND per session, an increase of nearly 27% compared to the previous year.

In the derivatives market, VN100 index futures contracts were introduced, adding another product for investors. The average trading volume reached over 241,000 contracts per session, a 14.3% increase compared to 2024. The number of investor accounts exceeded 11 million, a 24.7% increase compared to the end of the previous year. Capital raising activities through the market continued to grow, with the total value of stock offerings and corporate bond issuances reaching over VND 142,330 billion; capital raised for the state budget is estimated at VND 313,000 billion.

Source: https://vtv.vn/so-tuong-tai-khoan-nha-dau-tu-chung-khoan-vuot-11-trieu-100251216085756901.htm