According to data from the Vietnam Securities Depository and Clearing Corporation (VSDC), the total assets managed by domestic fund management companies increased from VND 100,000 billion to VND 639,000 billion between 2013 and 2023.
The open-end fund market maintained an average growth rate of 20% per year over the last five years, offering a diverse range of products, including bond funds, stock funds, exchange-traded funds (ETFs), retirement funds, and balanced funds.
Despite being managed by financial experts and designed for novice investors, the number of open-fund trading accounts as of September 2022 stood at only 849,845, equivalent to about 10% of securities accounts in Vietnam.
This limitation stems from the lack of a direct channel connecting professional financial organizations and their products with target customers who are inexperienced in the financial market.
Hence, DigiFinance was established with the mission to serve as a friendly bridge, connecting millions of individual customers with reputable, safe, and effective financial products.
EASY INVESTING FOR BEGINNERS
Leveraging its technological strengths, DigiFinance aims to build a user-friendly investment platform, offering maximum convenience throughout the investment journey. DigiFinance is highly regarded by users for its flexibility and ease of use, even for newcomers to investing.
The registration process is entirely online and takes just 3 minutes, especially convenient for busy individuals. Support features such as financial goal planning, risk appetite assessment, and hands-free notifications also enable novice investors to participate in financial investing with ease, safety, and efficiency.
With just one app, DigiFinance investors can manage transactions and simultaneously own multiple fund certificates from different fund management companies, optimizing returns on the top-performing open-end funds in the market. Investors’ fund certificates are kept at the Vietnam Securities Depository and Clearing Corporation (VSDC) to ensure their rights and interests related to the certificates.
CONNECTING WITH MILLIONS OF INDIVIDUAL CUSTOMERS
DigiFinance not only brings convenient products to individual investors but also opens up opportunities for fund management companies to reach millions of retail customers. With our technological capabilities and customer insights, Digi Finance, together with our financial partners, offers suitable products that optimize the value of idle funds for busy investors. DigiFinance currently partners with leading fund management companies in the Vietnamese market, such as SSI Asset Management Company Limited (SSIAM) and Vietcombank Securities Investment Fund Management Company Limited (VCBF)…
Sharing the vision of DigiFinance, Mr. Nguyen Quang Thinh, Director of DigiFinance, said, “DigiFinance is designed specifically for beginners who want to engage in profitable investing but lack the time and experience. As a fintech company, we always focus on the parallel quality of technology and financial products. DigiFinance is honored to bring advanced technology conveniences together with Vietnam’s leading open-end funds, helping busy investors and novice/semi-professional investors easily familiarize themselves with financial investing.”
With the economy showing signs of recovery, busy individuals are particularly interested in finding profitable investment channels. By harnessing its technological strengths, DigiFinance has developed a user-friendly investment platform with superior convenience, aiming to connect millions of individual customers with professional, safe, and effective financial products.
Download the app: https://digifinance.vn/download-app/
Website: https://digifinance.vn/
Fanpage: https://www.facebook.com/digifinancevn/
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