Shinhan Securities Vietnam Co (SSV), one of Viet Nam's leading Korean securities companies, saw nearly 21,000 new accounts in the first quarter of 2022 amid the prolonged pandemic.

Han Bok Hee, General Director of SSV, said the market's potential was still considerable, although new securities accounts opened in the market have increased in recent years.

Only a little over 3 per cent of the population trades stocks, approximately US$2 billion in size per session, he said, adding that the stock market was facing remarkable opportunities and has many motivations to develop.

Recently, SSV launched a new securities trading system deployed on HTS (Home trading), WTS (Web trading), and MTS (Mobile app) platforms, with many outstanding features. It also deployed the promotion programme entitled "Opening securities account, winning a great gift" with a total prize value up to VND300 million.

"With our financial strength and pioneering digital technology in the financial and banking industry, SSV will continue to bring Vietnamese investors smart solutions to help them capture potential market opportunities in the future," the director said.

Established in 2016, SSV has a total registered capital of up to VND2 trillion. It is involved in securities brokerage, self-trading and financial consulting.

Despite the negative impacts caused by the pandemic, Viet Nam's stock market still experienced stable development in 2021, making many impressions on domestic and foreign investors, according to the State Securities Commission of Viet Nam.

Meanwhile, the Viet Nam Securities Depository Centre said, an average of nearly 4,200 new securities accounts of individual investors were opened every day in 2021, marking a fourfold increase compared to 2020. — VNS