With strong financial capacity, outstanding service quality, user-friendly utilities, and capable and devoted staff, Vietcombank Securities Company (VCBS) is always a leading provider of securities brokerage services and investment banking services powered by internet-based platforms. The company has significantly contributed to the sustainable development of the Vietnamese economy.
VCBS, a wholly Vietcombank-owned one member limited company, was established in 2002. Right in its first days, VCBS focused on expanding the operation network to provide the best products to customers nationwide. Currently, the VCBS network has 12 transaction offices located in nine provinces and cities, including headquarters in Hanoi, five branches, three transaction points and three customer care centres. Regarding the securities field, VCBS is among the securities companies taking the biggest market share of stock brokerage activities. VCBS accounts for 3 per cent of the transaction value of stocks and fund certificates and 32 per cent of the transaction value of bonds. Other services of VCBS also showed high growth.
VCBS is among pioneers in applying online tools in the Vietnamese stock market. The system of modern technologies is connected directly to the HSX and HNX; thus customers can feel assured that the speed and accuracy of command line in all cases such as placing, changing or cancelling orders. Customers can query account balances 24 hours via the Cyber Investor system on the company’s website.
Being the extra hand of Vietcombank in the field of investment, VCBS always pays attention to exploiting and developing consultancy services in order to bring customers the best choices. The consultancy services are mainly involved in supporting enterprises to find suitable operation manners; building plans and settling issues on finance and procedures; administrative management of enterprises; and issuing shares and bonds.
With the position as a leading intermediate organization on finance, VCBS is appreciated by customers that are big financial organizations like Citibank, Deutsche, ABN AMRO Bank, Dragon Capital, Vinamilk, TCT Song Da and SCIC, and received commitment of long-term cooperation. Building a big network of customers and receiving active support from Vietcombank are firm basis for connecting the demand of organizations in order to set up the bond market and provide various financial products.
The success of VCBS today is a result of the significant efforts of all the company’s workers. Nguyen Quang Hai, Director of VCBS’s branch in Ho Chi Minh City, said VCBS has been committed to building a professional and fair working environment as well as providing the best conditions for its workers to show their capability and enthusiasm. With the team of enthusiastic workers, VCBS always provides updated information for customers. VCBS also builds and follows the mechanism of having one main and one sub; keeping regular connection to each customer.
VCBS was granted the certificate of merit of State Bank of Vietnam Governor for its great contribution to the joint tasks in 2004; the Prime Minister’s certificate of merit for contribution to building socialism and protecting the nation; and the certificate of Ho Chi Minh City People’s Committee for completing tasks for consecutive years. Besides, the company also received many other awards such as the prestigious securities brand and the typical securities company in the ceremony honouring enterprises of HNX.
Truong Thanh