Vietnam has nearly 1.2 million more accounts as stocks surpass historical peak

(Dan Tri) - While the stock market continuously set records in July, more than 226,000 new securities accounts were opened this month.

According to statistics from the Vietnam Securities Depository (VSD), the market recorded 226,341 new trading accounts opened in July.

The number of securities accounts has been increasing continuously since the beginning of the year in the context of the Vietnamese stock market's recovery. In July alone, the VN-Index increased by more than 126 points, equivalent to more than 9%. The VN-Index closed July at 1,502 points.

In the past month, domestic individual investors opened 225,989 additional trading accounts, bringing the total number of trading accounts of this group of investors to more than 10.4 million accounts, accounting for 99.3% of the entire market.

The number of securities accounts has increased continuously since the beginning of the year in the context of the Vietnamese stock market's recovery (Photo: Manh Quan).

The number of domestic institutional investor accounts also increased by 164 accounts during the month, reaching a total of 18,503 accounts. In the group of foreign investors, the number of newly opened individual accounts increased by 179, while the number of foreign institutional investors increased by 9 units.

In the past 7 months, the market has added nearly 1.2 million accounts, most of which belong to individual investors.

According to the Stock Market Development Strategy to 2030 approved at the end of 2023, Vietnam aims to reach 9 million investor securities trading accounts in the market by 2025 and 11 million accounts by 2030. However, the target by 2025 was completed 2 months early.

In the next 5 years, the Vietnamese market needs more than 500,000 more accounts to exceed the 2030 target. With the current annual opening rate of millions of accounts, this target is likely to be achieved a few years early if the market does not record account purges like in late 2023.

Dantri.com.vn

Source: https://dantri.com.vn/kinh-doanh/viet-nam-co-them-gan-12-trieu-tai-khoan-khi-chung-khoan-vuot-dinh-lich-su-20250806162059582.htm