“VIX Brokerage Aims for 1.8X Profit Growth in 2025”

VIX Securities Aims for Billion-Dollar Profit

The recent shareholders’ meeting of VIX Securities Joint Stock Company (VIX) approved business reports and plans for 2025. Notably, VIX Securities targets a pre-tax profit of VND 1,500 billion, a significant surge of 184% compared to 2024. The projected after-tax profit is expected to reach VND 1,200 billion, marking an 181% increase.

VIX attributes this ambitious 2025 growth plan to its strategic focus on brokerage and proprietary trading as the foundation for its primary business areas. This direction has proven to be a prudent move in the current market landscape.

Notably, there is a tangible opportunity for a market upgrade in September 2025. Ministry of Finance’s Circular 68/2024 has established a legal framework to develop products that meet the criteria for market upgrades by both FTSE and MSCI. Additionally, the smooth operation of the KRX system in May 2025 brings us a step closer to this upgrade goal.

According to the base scenario set by securities companies, Vietnam’s stock market could be considered by MSCI for its Watch List in June 2025, and FTSE Russell may announce its approval for the upgrade in September 2025.

Amidst these developments, VIX Securities will closely follow the government’s orientations for the development of the securities market in 2025 and beyond. We are committed to preparing the necessary resources to adapt to market changes in products and operations as we move closer to the long-awaited market upgrade.

VIX Securities targets a pre-tax profit of VND 1,500 billion, a surge of 184% from 2024. The projected after-tax profit is expected to reach VND 1,200 billion, an increase of 181%.

Despite the challenges the market faces in 2025, there are still certain opportunities. Notably, there is a chance to invest in good stocks at reasonable prices. Given the current characteristics of the stock market, with the VN-Index in a distribution phase, foreign investors continuing their net selling trend, and a volatile global economy, the stock market in 2025 will likely witness significant polarization. Fundamental factors will drive stock prices, and there will always be stocks of companies with solid business foundations and stable cash flows. Therefore, when these stocks adjust according to the overall market movement, value investment opportunities will emerge.

Another topic of interest to most investors and shareholders is dividend information. Specifically, the VIX shareholders’ meeting approved a dividend payout ratio of 5% in stocks for 2024, derived from post-tax profits that have been realized but not yet distributed, as per the audited 2024 financial statements. The projected dividend value exceeds VND 729 billion, calculated based on the company’s current charter capital of over VND 14,585 billion.

Fortifying Internal Strength

Given the challenges and opportunities in the securities market in 2025, VIX is committed to enhancing its financial and governance capabilities. We will continue to develop and strengthen the company’s business operations, with a particular focus on securities brokerage and proprietary trading to maximize efficiency.

As shared at the meeting, VIX considers human resources to be a critical factor in its development. Thus, building a professional team is always a top priority in our strategy. Presently, VIX boasts a dynamic, enthusiastic, and competent young team.

A testament to this is our successful self-directed investment strategy in 2024, a challenging year for the market. VIX invested in stocks and bonds with high potential, resulting in remarkable returns. This strategy accounted for 64.8% of the company’s total revenue, an 11.9% increase compared to 2023.

Moving forward, we will continue to invest in training and development, focusing on our core businesses of self-directed trading and brokerage. We aim to create competitive advantages and deliver value to our clients through service quality, customer care, and technological capabilities, including AI-powered investment advisory services.

VIX has made significant investments in modern technology infrastructure, including the Xpower securities trading system, which officially launched on January 27, 2024. Xpower offers superior features such as faster order processing speeds and enhanced trading tools, enabling investors to manage their assets and make investments conveniently, quickly, and efficiently. Additionally, XPower integrates AI technology to provide investment recommendations during the trading process. The XPower platform serves as the foundation for integrating new products and services in the future.

VIX has also successfully revamped its website, striking a balance between modernity and user-friendliness while effectively promoting its products and services.

In 2025, VIX will continue to prioritize technology infrastructure investments to enhance processing capabilities, expand storage capacity, and ensure system security. We have collaborated with leading providers of cybersecurity services and regularly audit our securities trading system to identify and address potential security vulnerabilities, ensuring the system’s safe operation.