According to data from the Vietnam Securities Depository and Clearing Corporation (VSD), investors opened approximately 280,000 new accounts in the final month of 2025, bringing the cumulative total for the entire year to 2.5 million accounts. This year marked the strongest account growth in the history of Vietnam’s stock market.

By the end of the year, the market had nearly 11.9 million accounts, equivalent to 11.6% of the country's population. This number significantly surpassed the government's stock market development strategy targets of 9 million accounts by 2025 and 11 million by 2030.

Stock accounts saw significant fluctuations as the VN-Index extended its three-year consecutive growth streak, also recording its best performance since 2017 with 40.87%. Market developments exceeded all predictions from securities companies, as the index at one point fell below the 1,100-point mark, but then recovered strongly to hit a record 1,805 points. This performance placed the VN-Index among the top 10 best-performing stock indices globally and the top 3 in Asia.

People trade stocks at a company on Pasteur street, Ho Chi Minh City. Photo: Quynh Tran

Individual investors continue to dominate the stock investor structure, accounting for 99.4%, while foreign investors make up less than 0.5%. Leaders of the State Securities Commission previously stated that one of the industry's major goals is to achieve a balanced structure between individual and institutional, domestic and foreign investors. The agency aims to educate new, non-professional investors by shifting their perception from "playing the stock market" to "investing in the stock market".

According to the investor restructuring and securities investment fund industry development project, approved in mid-September 2025, the Ministry of Finance aims for the number of foreign investor stock accounts to reach 200,000 by 2030, which is four times the current figure. After 2030, the number of foreign investors participating in the market is expected to increase by 15% annually.

The Ministry of Finance also plans to enhance the quality of domestic individual investors, encouraging this group to invest through funds to increase market efficiency, stability, and depth. Over the next 5 years, domestic individual investors are projected to account for approximately 70% of trading volume, with the remaining 30% coming from domestic institutions and foreign entities.

Phuong Dong