Stock Market Ascension: Elevating the Vietnamese Investor

Vietnamese investors and securities companies alike are highly anticipating the market upgrade, which is expected to boost the country’s stock market and propel local investors into a new phase of development.

To meet the relevant criteria for the upgrade, Vietnamese Securities Companies (CTCK) are continuously enhancing their service quality and providing the best solutions for investors. With higher prospects, the market size promises to be larger, and the competitive challenges for securities companies are also increasing.

For the leading securities companies, which account for over 65% of the total market share in brokerage, derivatives trading, and fund certificates (according to HoSE Q3/2024), this competition has been ongoing for many years. Their journey of serving investors has been a persistent and consistent one, even accompanying the history and vision of the company since its establishment.

Reflecting on its 17-year journey since its establishment in 2007, Vietcap’s leadership shared that from the very beginning, the company’s mission has been to support investors’ sustainable and prosperous development. Vietcap specializes in providing financial solutions for individual and institutional clients and has achieved significant successes, earning numerous prestigious domestic and international awards. Starting with a chartered capital of VND 360 billion in 2007, the company’s total equity has grown to VND 8,642 billion by 2024. In Q3 2024, Vietcap also made remarkable strides in market share, entering the top 4 companies with the largest market share in Vietnam on the HOSE.

In anticipation of the opportunities and competitive challenges that the market upgrade will bring, Vietcap has formulated long-term business strategies with a focus on technology development, product and service optimization, and especially, investing in building and promoting a strong brand.

In 2023, Vietcap underwent a brand restructuring, transitioning from the old brand, “Chứng khoán Bản Việt,” to “Chứng khoán Vietcap.” After a year, customers have become familiar with the new brand identity and appreciated its youthfulness, simplicity, and flexibility, which align with the rhythm of the new era.

Recently, Vietcap officially launched a brand promotion campaign with the message, “ELEVATING VIETNAMESE INVESTORS.” The goal is to provide comprehensive financial solutions, offering high-quality technological tools and valuable information sources to enable investors to succeed and move closer to their financial freedom goals.

In the journey of enhancing service quality and elevating investors, it is evident that “technology” is a crucial key. However, the “master key” will belong to reputable securities companies with a significant influence, sustainable business strategies, strong financial capabilities, and a deep understanding of the market. This is undoubtedly a strength of Vietcap.

The efforts and contributions of Vietnamese securities companies to market development are among the factors that attract foreign investors and lead to the World Bank’s prediction of a market value of up to $25 billion in the future. Vietcap’s readiness to embrace the future and accompany the elevation of Vietnamese investors from now on is, therefore, even more meaningful.