Vietnam’s stock market likely to reach 9 mln accounts by 2025

HANOI, Oct. 4 (Xinhua) — Vietnam is on track to reach 9 million stock trading accounts by 2025 and 11 million by 2030, Vietnam News Agency reported, citing CEO of Vietnam Report JSC Vu Dang Vinh on Friday.
He said steady growth in the number of new investor accounts was a positive sign reflecting the attractiveness of the market.
As the economy remains stable and requires robust capital flows, the stock market serves as an essential channel for capital transmission, he said.
A recent survey by Vietnam Report involving businesses and financial experts revealed that 85.7 percent of respondents consider Vietnam’s economic recovery as the primary growth opportunity for the financial sector this year.
At the end of August, Vietnam reported over 8.6 million stock trading accounts in the market, an increase of 19.4 percent compared to the end of 2023, according to the Ministry of Finance. ■