A Visit to Vietcombank Securities Company of VMCG Capital and Digital Business Network (DBN)
Participating in the Investor Tour organized by InvestUp, VMCG and members of DBN were honored to visit the headquarters of Vietcombank Securities (VCBS). During this insightful visit, we gained a profound understanding of Vietnam's economy outlook, financial market, and the current investment landscape. The tour not only unveiled new opportunities but also provided valuable insights into the short and long-term challenges facing investors both locally and internationally.
VCBS (Vietcombank Securities) has been a cornerstone of Vietnam's stock market since its establishment in 2002. As a 100% subsidiary of Vietcombank (the biggest bank in Vietnam), VCBS has earned its reputation as a market leader over the years.
🏛️ Headquarters in Hanoi, with branches in HCM and Danang.
🌆 Four representative offices and nine transaction offices.
💰 In 2021, VCBS recorded a revenue of $56.1M, followed by $42.1M in 2022.
📊 As of Q3-2023, VCBS has achieved a revenue of $40.7M, with total assets reaching $434M.
But that's not all! VCBS boasts some impressive accolades:
🥇 Top 1 Government Bond Bidding Agency
🥉 Top 3 in Market Share for Corporate Bond Brokerage Service
🔝 Top 10 in Leading Market Share
🚀 50+ successful projects in Equity Brokerage Service and Cross-border M&A.
VCBS' leaders believe that Vietnam is a shining star in terms of growth potential, surpassing many other economies in the region. Furthermore, Vietnam's stock market is set to attract more FDI, with newly created securities accounts predicted to reach 18 million accounts by 2030, growing at a CAGR of 30% over the next five years (since 2018).
Vietnam has set a bold objective: to upgrade Vietnam's stock market to emerging status before 2025. The State Securities Commission is actively working towards this goal, focusing on four key pillars: investors, market organization, commodity base, and securities trading organizations.
We extend our sincere gratitude to VCBS for their warm and attentive reception. The wealth of knowledge and insights shared by VCBS's team of experts made this visit exceptionally valuable. Let's collaborate to build new connections and seize opportunities in this promising market together!