Securities company is an organization or enterprise operating with legal status, a business license granted by the State Securities Commission, mainly operating in securities trading, securities brokerage, securities investment consulting and securities underwriting and many other securities products according to State regulations.
It can be said that securities companies are an important sanction in the stock market. In Vietnam, there are more than 70 securities companies operating. Good securities companies in Vietnam: SSI, VND, VPS, HSC, VCBS, VCSC, FPTS, BSC, MBS, MAS…
1. VNDIRECT Securities Joint Stock Company (VND)
VNDIRECT Securities Joint Stock Company (VND) was established in 2006 and operates mainly in the fields of securities investment, securities brokerage and financial consulting. The company operates in the fields of securities brokerage, corporate finance consulting, proprietary trading, underwriting and portfolio management. VND has been listed and traded on the Ho Chi Minh City Stock Exchange (HOSE) since August 2017. In 2021, VND increased its charter capital to more than VND 2,204 billion. VNDIRECT has built a platform of investment information and knowledge, support tools, specialized services and a diverse portfolio of investment products along with a team of experienced consultants to help customers build sustainable Financial Health and Prosperity Security. Since its establishment, VNDIRECT has experienced many ups and downs, from the challenges of bankruptcy risk to outstanding successes, but in any circumstance, we have continuously contributed to the healthy development of the Vietnamese stock market, to the peace of mind of each customer using VNDIRECT's services and to the growth of each member of the Company.
VNDIRECT Securities Joint Stock Company (VND)
2. Ho Chi Minh City Securities Corporation (HSC)
Ho Chi Minh City Securities Corporation (HSC) is the first and most prestigious securities brokerage and banking unit in Vietnam. HSC provides a wide range of financial products and services for individuals, organizations and businesses, designed and advised by a team of experienced, professional and reliable experts, certified through many prestigious international awards.
HSC's three main business areas include brokerage, margin lending and proprietary trading, accounting for 98% of total net revenue in 2021. Brokerage fee revenue reached over VND 1,390 billion, an increase of VND 1,24% compared to 2020, accounting for 41% of total revenue. Revenue from margin lending activities reached VND 1,179 billion, completing 1,21% of the 2021 plan, accounting for 35% of total revenue. Proprietary trading activities brought in revenue of VND 722 billion, an increase of VND 95% compared to 2020, accounting for 22% of total revenue.
Mr. Trinh Hoai Giang, CEO of HSC, shared: “HSC has always adhered to the principle of safe governance, building the HSC brand to become the most trusted financial institution in the securities industry. HSC will respond to risks and seize new opportunities in the context of volatile markets. We continue to improve our infrastructure and technology, develop customers, pursue a customer-centric strategy, and adjust competitive transaction fee policies in the mass customer segment.”
Ho Chi Minh City Securities Corporation (HSC)
3. SSI Securities Corporation (SSI)
SSI Securities Corporation (SSI – HOSE) is one of the leading securities companies in Vietnam, with a history of more than 20 years of development. With charter capital increased more than 1000 times, SSI has affirmed its position in the market. Possessing strong financial potential, corporate governance according to international standards, and a team of professional staff, SSI is committed to providing top products and services, ensuring maximum benefits for shareholders.
Core values:
- Ready for solutions: SSI always looks for the best solution for the specific needs of customers.
- Expertise: With a team of industry-leading experts, SSI constantly improves its skills to meet all customer standards.
- Creative imprint: SSI encourages creativity in every aspect to serve both the company and customers.
Currently, SSI has a wide network of operations in major cities such as Hanoi, Ho Chi Minh City, and Hai Phong.
4. Mirae Asset Financial Group
A global securities management company providing innovative and groundbreaking investment solutions.
Mirae Asset Financial Group was founded in Asia and is currently expanding to 17 countries. We provide a comprehensive and diversified investment platform for individual investors as well as institutional investors worldwide.
MIRAE ASSET Securities Vietnam LLC
5. Saigon - Hanoi Securities Joint Stock Company (SHS)
SHS – A reliable partner since its establishment on November 15, 2007 with initial charter capital of VND 350 billion. In 2008, SHS became an official member of the Ho Chi Minh City Stock Exchange (HOSE) and the Hanoi Securities Trading Center. In 2009, SHS shares were officially listed on the Hanoi Stock Exchange (HNX). SHS's fields of operation include: securities brokerage, securities custody and management, securities investment, investment analysis and consulting, underwriting, financial consulting, financial services. SHS operates throughout Vietnam.
Key Takeaways:
- November 15, 2007: SHS was officially established under License No. 66/UBCK-GP of the State Securities Commission, with initial charter capital of 350 billion VND.
- May 6, 2009: Increased capital from VND 350 billion to VND 410,629,960,000 through issuing bonus shares with a bonus ratio of 1,000:174.
- June 17, 2009: SHS shares were officially listed on the Hanoi Stock Exchange (HNX).
- May 18, 2010: Increased charter capital to 1,000 billion VND through issuing additional shares.
- August 29, 2018: Increased charter capital to VND 1,053,956,740,000.
- April 25, 2019: Increased charter capital to VND 2,072,682,010,000.
- October 27, 2021: Increase charter capital to VND 3,252,650,270,000.
On November 15, 2007, Saigon - Hanoi Securities Corporation (SHS) was established.
6. Company VPS Securities (VPS) Shares
Established in 2006, VPS Securities Joint Stock Company (VPS) - formerly Vietnam Prosperity Joint Stock Commercial Bank Securities Joint Stock Company.
VPS offers diverse, high-quality products that create added value for businesses and investors, including: securities brokerage, financial services, investment banking services, financial consulting and analysis. Investment banking activities are the focus of VPS, clearly reflected in the organization's development direction. Specifically, VPS performs financial services such as capital arrangement, securities underwriting, M&A activities, consulting on enterprise valuation, capital restructuring, debt in each stage and period.
With the goal of providing outstanding financial products and services of international standards, VPS has a team of experienced experts in the financial market, using the most modern information technology system. These achievements help VPS affirm its position in the Vietnamese financial market, becoming one of the leading prestigious financial institutions in Vietnam and the region.
VPS always focuses on long-term human resource development policies, giving priority to talented employees trained domestically and internationally. In addition to the prescribed welfare regimes, VPS employees also enjoy many other attractive remuneration regimes. In particular, new employees will participate in professional training processes and advanced training courses organized by domestic and foreign experts.
From April 19, 2021, VPS cooperated with Vietnam Joint Stock Commercial Bank for Investment and Development (BIDV) to deploy money transfers to VPS securities accounts via account identification code 9611
7. Company Techcom Securities Joint Stock Company (Techcom Securities – TCBS)
Techcom Securities Joint Stock Company (Techcom Securities - TCBS) was established in 2008, is a subsidiary of Vietnam Technological and Commercial Joint Stock Bank Techcombank.
With an effective business strategy and advanced technology platform, in 2020, TCBS completed its 5-year development strategy with 4 main goals (No. 1 in Vietnam, 100,000 middle-class customers, $100 million in profit and $1 billion in capitalization). The staff has increased 11 times, to nearly 350 people. More than 50% are experts in the technology field, operating according to the Scrum/Agile model.
Along with that, TCBS is proud to provide modern tools and features on the TCInvest system such as TCPrice - the most comprehensive stock price list, TCAnalysis - information portal on more than 1000 listed companies, MarketWatch - cloud-based stock market analysis interface, iConnect - support for searching for bond buy/sell orders, iXu - accumulate points and reward loyal customers, iCopy - the first community investment, iFuture - Derivative securities. Each TCBS customer is equipped with the most advanced 'weapons' to manage their financial life and investment.
Techcom Securities Corporation (TCBS)
8. KIS Vietnam Securities Joint Stock Company (KIS Vietnam)
KIS Vietnam Securities Joint Stock Company (KIS Vietnam) was established in December 2010 by Korea Investment & Securities Co., Ltd. (KIS Korea) investing with Vietnam Textile and Garment Group and other shareholders. KIS Korea held a capital contribution ratio of 48.8% at KIS Vietnam in November 2010 and has gradually increased its ownership ratio over the years with the current official ownership level of 99.8%.
KIS Vietnam is strongly supported by KIS Group in Korea with experience in the financial sector and the combination of foreign experts with an excellent staff, many years of experience in the banking, auditing and domestic capital markets. KIS Vietnam focuses on developing management and risk management techniques to put the company in the leading position in all financial sectors in Vietnam. In addition, we believe that human resources are the factor that is and will create the reputation and success of KIS Vietnam in the stock market.
KIS Vietnam Securities Corporation (KIS Vietnam)
9. Vietcap Securities Joint Stock Company
VietCap Securities Joint Stock Company was established in 2007 and has emerged as one of the fastest growing securities companies in Vietnam. In 2014, VietCap proved its strength by surpassing the ROE target of 25%, and received valuable awards from Finance Asia and Euromoney for “Best Investment Bank in Vietnam”. This achievement is a testament to the effectiveness of the modern investment banking model that VietCap has pursued since its inception. VietCap’s philosophy is to build a sustainable future with customers and partners.
Transparency and operational governance:
- Departments are managed by independent directors, operate transparently and are not influenced by the success of other departments.
- Internal policy to avoid conflicts of interest
- Financial statements audited by international auditing firms
- Independently Managed Small Business Directory
VietCap's business principles are based on ethics, aiming to provide the best professional services to customers. This is the motto for the staff, making VietCap a trustworthy financial institution for businesses and individual investors.
VietCap Securities Joint Stock Company was established in 2007 and is one of the fastest growing securities companies in Vietnam.
10. FPT Securities Joint Stock Company (FPTS)
FPT Securities Joint Stock Company (FPTS) - a member of FPT Corporation - received the establishment and operation license from the State Securities Commission on July 13, 2007, with business areas such as: Securities brokerage; Securities trading; Securities investment consulting; Securities depository; and Securities underwriting.
FPTS has been listed on the Ho Chi Minh City Stock Exchange (HOSE) since January 2017, stock code is FTS. Providing securities products and services such as Securities brokerage, investment consulting, securities underwriting, securities custody, and securities trading.
With more than 15 years of development, FPTS has achieved many successes, leading in:
- Excellent securities company 2019 - 2020 voted by HNX and VSD.
- Top 10 Securities companies with large trading market share at HOSE and HNX.
- 'Most Satisfied Securities Company' Award in 2020 from Vietnam Securities Business Association and IDG.
- Excellent securities company 2018 - 2019 according to HOSE, HNX and VSD.
- Excellent Securities Company in the period 2017 - 2018 according to HNX and HOSE.
- Outstanding Securities Company 2017 according to HNX.
- Commended by the State Securities Commission for contributions to the development of the State Securities Commission during the period 1996 - 2016.
- Excellent Securities Company 2015 - 2016 according to HNX.
- Thank you letter from HOSE for contributing to the development of the Stock Exchange.
- Certificate of Merit from the Ministry of Finance for contributions to the HOSE stock market in the period 2010 - 2015.
- Certificate of Merit from the State Securities Commission for quality of management and information compliance.
- Excellent Securities Company 2013 according to HNX.
That proves FPTS's reputation and contributions in many fields.
With more than 15 years of establishment and development, FPTS has continuously achieved many successes and received the trust of customers.
