Domestic investors opened 270,000 new securities accounts in March, a record high figure, said the Vietnam Securities Depository.
March’s figure marks 60,000 accounts higher than February and 45,000 accounts higher than the previous record set last December.
By the end of last month, domestic investors opened a total of 675,000 securities accounts, nearly double the total new accounts opened in 2020. Domestic individual investors registered 4.93 million accounts, equivalent to 5% of Vietnam’s population.
This means that the target to have 5% of the population investing in stock market by 2025 as set in the project on restructuring the securities and insurance market issued by the Prime Minister has been achieved three years ahead of schedule.
Source: VOV5