Company Profile VNDIRECT SECURITIES CORPORATION · Company Profile VNDIRECT SECURITIES CORPORATION...

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Strictly Private & Confidential Company Profile VNDIRECT SECURITIES CORPORATION March 2017

Transcript of Company Profile VNDIRECT SECURITIES CORPORATION · Company Profile VNDIRECT SECURITIES CORPORATION...

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Company Profile

VNDIRECT SECURITIES

CORPORATION March 2017

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The Only Local Group With Global Experience With Vision To

Be The Best Financial Service Group In Vietnam

EXECUTIVE SUMMARY

Local

Knowledge

Our founder has more than 20 years of experience creating and

running some of the best local financial institutions in Vietnam,

including Citigroup capital markets, Saigon Securities Inc, IPA

Investments and VNDIRECT

Global

Experience

Our institutional team has collectively more than US$1.5 billion

worth of deal value experience with global investment banks and

private equity funds, including J.P. Morgan, Dragon Capital, Citi,

and EY

We’ve executed a few landmark deals in Vietnam including

equitizations, private equity investments and corporate M&A

1

2

We are the only group

in Vietnam with deep

local knowledge and

global experience and

our vision is to become

the best financial

service group in

Vietnam.

Our Vision

Leverage on current retail brokerage network, which is a leading

service-provider to middle to high-net-worth clients across Vietnam

Using technology to build a leading wealth management franchise

to tap into growing savings pool in Vietnam

Become one of the largest diversified financial service groups in

Vietnam

3

2

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Overview Of VNDIRECT

Section 1

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Development Milestones

OVERVIEW OF VNDIRECT

4

2006 – 2007 2008 – 2010

2006: Established with

charter capital of VND50

billion and headquarter

located at 100 Lo Duc, Hai

Ba Trung District, Hanoi

2007: Launched Ho Chi

Minh City Branch; charter

capital was increased to

VND300 billion; became

the first brokerage firm in

Vietnam providing Online

Trading Solutions

2008: Launched Call

Center and Data Center

and was ranked among

Top 500 Biggest Private

Companies in Vietnam

2010: Listed on Hanoi

Stock Exchange (HNX)

and charter capital was

increased to VND1,000

billion

Ranked 1st in brokerage

market share on Hanoi

Stock Exchange (HNX) in

Q3/2011; awarded the

“Most Reliable Online

Trading Solutions”

2011

Ranked 2nd on HNX and

ranked 8th on Hochiminh

Stock Exchange (HSX)

brokerage market share

Launched Bloomberg

EMSX, started to provide

Direct Market Access for

institutional clients

VND stock was added to

HNX30 stock basket as

representative of Financial

Services sector

2012 2013

Cooperate with CIMB

Singapore

Provided SWIFT, allowing

directly processing with

depository banks

Awarded “Sao Khue

Award in E-Commerce

Solutions”

2014

Increased charter capital

to VND1,550 billion

Became the 3rd largest

securities company in

terms of capital base

Honored as 01 in 03

leading securities

companies in HNX with the

most improved brokerage

service during 2005 –

2015

Ranked 2nd on

HNX and

maintained 4th

rank on HSX

brokerage

market share

HNX’s top 30

listed

transparent

companies

2015 2016

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Top Brokerage House With Presence In Five Major Cities In

Vietnam

OVERVIEW OF VNDIRECT

5

Owner’s Equity: US$68.1 million

657 Employees

Over 450 Brokers

Managing 124,955 Trading Accounts

Market Share Among Top 2 HNX, Top 4 HSX

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11.6 12.4

20.4

23.8

31.9

3.8 5.9

7.4 8.1 8.2

0

5

10

15

20

25

30

35

2012 2013 2014 2015 2016

US

$m

iilio

n

2012 – 2016 Revenue and Net Income

78.5 92.2

137.6

207.4

227.2

53.0 56.8

85.8 86.1 85.5

0

50

100

150

200

250

2012 2013 2014 2015 2016

US

$ m

illio

n

2012 – 2016 Total Assets and Total Equity

Total assets Total equity

Our Financial Highlights

OVERVIEW OF VNDIRECT

6

7.1%

10.4%

8.7%

9.4% 9.5%

0%

2%

4%

6%

8%

10%

12%

2012 2013 2014 2015 2016

2012 – 2016 ROE

ROE

45.6 47.8

91.3

83.4 89.2

0

10

20

30

40

50

60

70

80

90

100

2012 2013 2014 2015 2016

US

$ m

illio

n

2012 – 2016 Market Cap

Source: VNDIRECT’s financial statement

Revenue Net income

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Leading Retail Brokerage Platform Supported By Proprietary Technology And Research

Section 2

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8.3%

6.1%

9.8%

8.1%

5.3%

4.1%

58.3%

HNX 2015

5.7%

12.0%

13.1%

8.4%

4.8% 5.3%

50.8%

HSX 2015

VNDS HSC SSI VCSC MBS SHS Khác

6.1%

12.5%

13.7%

8.9%

5.7% 4.3%

48.9%

HSX 2016

9.4%

6.8%

11.0%

7.9%

5.6%

3.8%

55.5%

HNX 2016 As at the end of 2016,

VNDIRECT had charter capital

of US$68.1 million, total assets

of US$227.2 million, market

capitalization of US$89.2

million, and total NAV under

management of US$1,141.6

million

VNDIRECT retail brokerage

focuses on a high net worth

individuals who are senior

managers at respective

companies which gives us

unparalleled access

RETAIL BROKERAGE

VNDIRECT Has Continuously Improved Its Market Position

Source: Ho Chi Minh Stock Exchange (HSX) & Hanoi Stock Exchange (HNX)

VNDIRECT has consistently ranked in the top 2 on HNX and top 4 on HSX.

Other

8

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VNDIRECT has been able to

achieve strong growth in the

Company’s brokerage

services with revenues’

CAGR of 29.2% during 2012

– 2016 period

Total customers’ NAV at the

end of 2016 reached

US$1,141.6 million,

equivalent to 76.5% CAGR

during 2012 – 2016 period

Total number of accounts

managed by VNDIRECT’s

brokers also saw significant

increase in 2016, reaching

nearly 125,000 accounts

RETAIL BROKERAGE

2012 – 2016 Brokerage Segment’s Results

9

3.0 3.9

8.7

6.5

8.3

0.0

2.0

4.0

6.0

8.0

10.0

12.0

14.0

2012 2013 2014 2015 2016

US

$ m

illio

n

2012 – 2016 Revenues From Brokerage Services

117.5 197.3

348.3

889.9

1,141.6

40,430 46,899

57,367

81,224

124,955

0

20,000

40,000

60,000

80,000

100,000

120,000

140,000

0

200

400

600

800

1,000

1,200

1,400

1,600

2012 2013 2014 2015 2016

Num

be

r o

f a

cco

un

ts

US

$ m

illio

n

2012 – 2016 Rapid Growth In Both NAV And Total Accounts

NAV Number of accounts

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2014 – 2016 Users And Page-views

486,271

3,628,611

Jan

-14

Ma

r-1

4

Ma

y-1

4

Jul-

14

Se

p-1

4

Nov-1

4

Jan

-15

Ma

r-1

5

Ma

y-1

5

Jul-

15

Se

p-1

5

Nov-1

5

Jan

-16

Ma

r-1

6

Ma

y-1

6

Jul-

16

Se

p-1

6

Nov-1

6

Users Pageviews

RETAIL BROKERAGE

A Leader In Financial Technology

Source: similarweb

VNDIRECT Price Board

Most accessed by investor

70% active traders in the market

Total Visit By Investor 11/2016 – 01/2017

10

4,079

0

500

1,000

1,500

2,000

2,500

3,000

3,500

4,000

4,500

01/2016 – 02/2017 Active Users In Mobile App

42.3%

31.5%

20.0%

5.5%

0.7%

VNDIRECT Price board

SSI Price board

FPTS Price board

TVSI Price board

Others

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RETAIL BROKERAGE

Several Supports When Trading With VNDIRECT

11

Retail

Customers

FINANCIAL PRODUCTS

DIRECT ACCOUNT

BROKER ACCOUNT

PREMIER ACCOUNT

MANAGED ACCOUNT

TRANSACTION SUPPORTS

SMS DIRECT 6089

RESEARCH

Market Updates POWER RATINGS

We provide high quality services and constantly dynamic and innovative products that

actively support customers in their daily trading activities.

StockPick

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Analyses with overview of the industry/company and

tentative valuation of company’s stock price, providing

investment recommendations

Quick reports evaluate just-released news, events, etc.

Provide investment strategies based on updates of

macro environment and long-term vision (quarterly and

annually)

Monthly opinions toward stocks trading

Provide clients with up-to-date information about the

macro environment like new regulations and other hot

issues concerning the Vietnam’s securities market

In-depth analyses on macro issues which affect the

securities market

RETAIL BROKERAGE

VND Research Team Offers A Wide Range Of Quality Reports

12

Reports

Prepared By

VNDIRECT

Macro

Economics

Industry/

Company

Coverage

Investment

Strategies

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RETAIL BROKERAGE

Wide Coverage With Good Track Record Of Quality

Recommendation

13

Wide

Coverage 61.4%

38.6%

Together with CIMB, VND’s

Research Team has covered 63

stocks, equivalent to 61.3% of

total market capitalization

In 2016, VNDIRECT’s

Research Team published

94 reports

A Team Of 16

Experienced

Persons

4 analysts in charged of

Macro Economics &

Investment Strategies

11 analysts in charged of Industry/Company reports, covering

a number of industries

Banking, Insurance Construction

Materials Oil & Gas Logistics

Real Estate Automotive

Pharmaceutical

F&B Rubber Sugar Utilities

With a strong execution team covering a variety of stocks and industries in the market,

VNDIRECT’s Research Team has been able to deliver valuable recommendation: price of stocks

recommended by the team has increased 20.9% pa.

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Margin Loans, Proprietary Trading,

And Treasury Services

Section 3

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VNDIRECT Achieved Strong Growth In These Segments

MARGIN LOANS, PROPRIETARY TRADING, TREASURY

15

1.2

2.7

6.8

9.0

3.0 3.3

4.6

6.5

0.0

2.0

4.0

6.0

8.0

10.0

12.0

2013 2014 2015 2016

US

$ m

illio

n

2013 – 2016 Income From Margin Loans And Interest Income

Income from margin loans Interest income from deposits

3.0 2.5

3.7

7.5

5.5

8.8

12.9

15.8

0.0

2.0

4.0

6.0

8.0

10.0

12.0

14.0

16.0

18.0

2013 2014 2015 2016

US

$ m

illio

n

2013 – 2016 Revenues From Proprietary Trading & Treasury Services

Revenues from Proprietary Trading Revenues from Treasury Services`

Expanding in Finance sector

through Strategic Investment in

Insurance and Asset Management

Network with 36 financial institutions

Managing US$226 million for

priority customers of high net worth

individuals

Strategy for fund: raise retail fund

and manage personal finance

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Risk Management Model In Retail Securities Business

Continued Being The Key Strength Of VNDIRECT

MARGIN LOANS, PROPRIETARY TRADING, TREASURY

16

Market Risk

Proprietary investment portfolio: Our company maintains a

moderately small investment portfolio compared to total asset

Customers’ stock portfolio held as collateral for margin loans:

VNDIRECT identifies business targets of margin financing,

identifies risk appetite for services, and builds an optimal portfolio

balancing between revenue generating need, competitiveness and

risk management need

Operational Risk

There is a clear segregation of duty, cross-checking between

individuals and departments, strengthening internal monitor to

timely detect errors

Raise awareness of compliance by staff training, continuous

dissemination of general process and rules directly related to the

work of each department and promote professional ethics

All systems are assured to be backed up and secured and security

system is periodically inspected

Credit Risk

At VNDIRECT, Credit risk management is focused on activities of

Treasury Department

The list of financial institutions was regularly updated, maintained

collective and various. Cash in banks was reasonably allocated and

conformed to the credit line approved in advance

Legal Risk

In addition to full and regularly updated system processes, the

company understands the importance of compliance culture and

communication of that to each employee

Liquidity Risk

Currently, cash flows are monitored on a daily basis and

comprehensively reported to Board of Management as well as Risk

Management Department.

Actual cash flow is checked with market to ensure no interruption in

payments. At the same time, the business units also prepare

contingent plans for unforeseeable risk incidents

Reputational Risk

With VNDIRECT’s code of conduct, together we overcame various

crisis such as the 2014 incident about our trading platform

We strive for transparency, straight forwardness and timely

response

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Institutional Business

Section 4

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INSTITUTIONAL BUSINESS

With A Wide-Range Of Capabilities, We Tailor Our Services To

Your Needs

VNDIRECT offers a full range of financial services from Investment Banking, Sales & Trading

to Asset Management.

Retail Brokerage

Investment advisory

Portfolio

management

Trading

Research & Analytic

tools

Margin & Bank loans

Cash management

Investment Banking

Equity Capital

Market

Debt Capital Market

Merger and

Acquisition

Corporate Finance

Advisory

Sales & Trading

Block trade

Equity sales

Research

Corporate access

Asset Management

Investment advisory

Wealth management

Cash management

Investor Services Institutional Services

18

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INSTITUTIONAL BUSINESS

VNDIRECT’s Institutional Sales Team Has Strong

Connections With Over 150 Financial Institutions Worldwide

19

The number of total accounts

increased 78%, of which new

accounts increased by 123%

Total trading value increased by

138%, total commission fee

increased by 67%

Major Clients

Institutional Sales Team

Sales Team Trading Team

Strong Expertise

Channels used:

Online trading

Trading via Bloomberg FIX/EMSX

Manual trading via traders

Types of order instruction:

Limit or Better, Careful Discretion

% in line with market

Good-till-cancelled

Arrange corporate visits upon requests

A Team Of 9 Members With

International Experience And Strong

Network With Foreign Institutions

Achievements In 2016

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International Research Quality

INSTITUTIONAL BUSINESS

Extensive Coverage

More sectors covered in Vietnam

than other local players

Consumer

Real estate

Construction materials

Infrastructure

SOEs

FIG

#1 stock-broker in ASEAN actively

covering over 1,100 stocks

Vast Resources

Combined strength of more than

150 research analysts

Operations across APAC with

presence in over 19 countries

Distribution Reach

#1 Investment Bank in APAC ex-

Japan

ASEAN’s #1 ECM bank(1)

Top 2 market share on HNX

Top 4 market share on HSX

46,000 retail brokerage accounts in

Vietnam

Our partnership with CIMB and other international brokerage firms allows us to combine our

deep local presence with their regional distribution network.

(1): excluding China A-share

20

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43

339

460

567

0

100

200

300

400

500

600

2013 2014 2015 2016

US

$ t

ho

usa

nd

2013 – 2016 Investment Banking Revenue

17

11

20

36

0

5

10

15

20

25

30

35

40

2013 2014 2015 2016

Num

be

r o

f d

ea

ls c

lose

d

2013 – 2016 Number of Closed Deals

INSTITUTIONAL BUSINESS

A Growing Investment Banking Business

Real Estate &

Infrastructure

Manufacturing Energy,

Oil & Gas

Alcoholic Drinks &

Beverages

Automotive

Others

Construction &

Construction Materials

Financial Institutions

21

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Experience On Landmark Deals At A Global & Local Level

With More Than US$1.5 Billion Executed Deal Value

Execution Team

Minh Tran

Managing Director

Viet Nguyen

Executive Director

Son Pham

Associate Director

Minh has extensive experience in both buy-side and sell-side advisory involving

landmark deals in Vietnam in banking, F&B, real estate and pharmaceutical industry

Strong experience working with global financial advisors, including JP Morgan and with

SCIC in banking, F&B and pharmaceutical industry

Prior to joining VNDIRECT, he was the Director in charge of Lead Advisory Service

(M&A) for Ernst & Young Vietnam. Previously he was also a banker with JP Morgan

Viet has more than 7 years of professional experience in the field of investment banking,

especially in capital raising for joint stock company and listing on Vietnamese stock

exchange. He has experience working with buy-side advisor Development Bank of Japan

(DBJ) in transactions in construction material industry

Previously he was a Director with Hochiminh Securities Corporation and Associate

Director with SSI

Son has 7 years of experience in advisory, involving in several deals in oil & gas,

agriculture, retail, infrastructure, pharmaceutical and food processing in Vietnam

Strong experience working with global financial advisors, including Morgan Stanley (co

sell-side advisor) and Mizuho (buy-side advisor) on PV Gas transaction (oil & gas), BDA

Partners on Proconco transaction (agriculture) and with Nomura (buy-side advisor) on

Tan Tien Pack transaction

Duc has more than 7 years of experience in investment especially in capital raising for

joint stock company and listing on Vietnamese stock exchange

He has experience working with local Groups and Companies such as PVD, Ca Mau

Fertilizer, etc., covering different industries like oil & gas, F&B, material & real estate

Prior to joining VNDIRECT, Duc was an Investment Banking Senior Associate for Viet

Capital Securities Corporation. He also has 5 years working in Vietfund Management

from 2008 to 2012 where he had a wide range experiences in equity research of key

Groups and Companies of Vietnam such as DPM, PVD, GAS, VNM, AGPPS, HAG etc.

Some Key IPO/Listing Deals Completed By

The Team

Oil & Gas

IPO & Listing

US$3,4 billion

2012

Vietnam

Retail

IPO & Listing

US$30 million

2014

Vietnam

Banking

IPO

US$1.2 billion

2008

Vietnam

F&B

Secondary Listing

SGX ETL Achieved

2008

Vietnam

Duc Le

Associate Director

Some Key Clients

Hao has more than 9 years of experience in Corporate Finance consulting and M&A

consulting, involving in several deals in oil & gas, F&B, agriculture, and construction

material in Vietnam

He has involved in a variety of advisory transactions from restructuring, listing, crisis

management, LBO to M&A, private placement, public auction, and IPO

Prior to joining VNDIRECT, he was an Associate Director with Viet Capital Securities

Corporation and an Audit Senior with KPMG

Hao Nguyen

Executive Director

INSTITUTIONAL BUSINESS

22

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Real Estate

SCID JSC (SID)

Charter Capital:

VND1,000 billion

Registering for trading on

UPCoM

In 2016, VNDIRECT completed more than 35 deals with a total of 900 million shares being issued,

listed, and registered for trading.

Construction

Ha Long Consultant &

Investment JSC

Charter Capital:

VND316 billion

HOSE listing

Energy

Vinaconex P&C JSC (VCP)

Charter Capital:

VND456 billion

Registering for trading on

UPCoM

Real Estate

Vihajico JSC

Charter Capital:

VND708 billion

Valuation services

INSTITUTIONAL BUSINESS

Prominent Completed Deals In 2016

Banking

Vietnam International Bank

(VIB)

Charter Capital:

VND5,644.4 billion

Registering for trading on

UPCoM

Consumer Goods

HaiHa Confectionery JSC

(HHC)

Charter Capital:

VND164.3 billion

IPO

Electronics, Telecom

Vinh Khanh (VKC)

Charter Capital:

VND200 billion

Equity Underwriting

Automotive

Haxaco JSC (HAX)

Charter Capital:

VND142.3 billion

Shares issuance

Construction Materials

Hoa Cam Concrete JSC

(Intimex)

Charter Capital:

VND44 billion

Shares issuance

Pharmaceutical

Danapha Pharmaceutical

JSC

Charter Capital:

VND130.2 billion

Public offering

Construction Materials

CMC JSC

Charter Capital:

VND201.6 billion

ESOP issuance

Minerals

Vinacomin Coc Sau Coal

JSC (TC6)

Charter Capital:

VND324.9 billion

Bonus shares issuance

Beer & Beverages

Sai Gon – Nghe Tinh Beer

JSC (SB1)

Charter Capital:

VND105 billion

Registering for trading on

UPCoM

Beer & Beverages

Hanoi – Thai Binh Beer

JSC (BTB)

Charter Capital:

VND76.9 billion

Registering for trading on

UPCoM

Pharmaceutical

Traphaco JSC

Charter Capital:

VND345.5 billion

Shares issuance

Rubber

Tan Bien Rubber JSC

(RTB)

Charter Capital:

VND1,200 billion

Registering for trading on

UPCoM

Food & Beverages

CJ Freshway LLC

Charter Capital:

US$9.6 million

Buy-side consultancy

Wood & Wood Products

Lam Viet JSC

Charter Capital:

VND34 billion

Valuation services

23

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Our People & Our Awards

Section 5

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OUR PEOPLE & OUR AWARDS

Exceptional Leadership With International Exposure

Ms. Huong Pham Minh

Chairwoman of the Board

Ms. Huong is one of the leading experts with more than 20 years of experience in investment, corporate finance, risk management

and monetary & capital market in Vietnam; she has become the chairwoman of the Board since 2010

In November 2006, she and her partners founded VNDIRECR Securities Corporation, and under her management, the Company

has been growing significantly

Before that, Ms. Huong served as the General Director of Saigon Securities Incorporation (SSI) for 3 years (2003 – 2005) and as

Forex Trading Director at Citibank Vietnam from 1994 to 2002

Ms. Huong holds a Master degree in Information Technology at Kiev Polytechnic University – the former USSR

25

Mr. Hien Vu

Member of the Board

Mr. Hien is a successful businessman with 27-year experience in private investment

He has founded many companies in energy, financial services, transportation, and logistics industry; he is also a member of the

Board in some reputable manufacturing and travel companies

Mr. Hien graduated as a marine engineer from Vietnam Marine University

Ms. Thanh Nguyen Ngoc

Member of the Board

Ms. Thanh is one of the founders of VNDIRECT; she has been contributing to the success of the Company to become one of the

most reputable brokerage company in Vietnam

Prior to joining us, she working at IBM and PricewaterhouseCoopers America and also serve in big technology projects at leading

financial corporations like Fannie Mae, the biggest company providing collateral credit in the US, the Federal Pension Fund and

American National Foundation to manage the entire pension of US Labor Federation

Ms. Thanh graduated from Johns Hopkins University (America) with a Bachelor degree in Information Technology Engineer and a

Master degree in Finance

Mr. Quang Pham Le Nhat

Member of the Board

Mr. Quang graduated from Ho Chi Minh Banking University with a Bachelor degree in Banking and Finance

After graduation in 2005, he had worked as a Senior Trader at Mekong Securities and a Senior Investment Office at Vietnam

Investment Partner LLC

From 2011 till now, he holds the key positions at Vietnam Foods (Vice Chairman of the Board), Beta Media (Chairman), Hoa Cam

Industrial Investment and Development JSC (Member of the Board)

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Strictly Private & Confidential

Mr. Giang Nguyen Hoang

Chief Executive Officer (CEO)

Mr. Giang has served as CEO of VNDIRECT since October 4, 2010; currently, he also manages the Brokerage Division of

VNDIRECT

Mr. Giang joined VNDIRECT in 2008; since then, he has held key positions in many facilities and technology development projects

of VNDIRECT as well as headed Business Solution Department, Risk Management Department and Product R&D Division of

VNDIRECT

He graduated from the Peter Kiewit Institute, University of Nebraska Omaha (USA) with two majors in Computer Engineering and

Computer Science

OUR PEOPLE & OUR AWARDS

Exceptional Leadership With International Exposure

Ms. Huong Vu Nam

Director of Treasury Division

Ms. Huong has more than 10 years of experience in Treasury and Credit divisions; she has joined VNDIRECT since 2008 and has

since then managed the Treasury Division of VNDIRECT to closely control liquidity of the company

Prior to joining us, she also worked in Treasury Division at Chinfon Commercial Bank from 2005 – 2008, completing many MM,

FX, and Bond transactions

She holds a Bachelor degree in Finance and Banking from National Economics University and a MBA from Andrew University

(USA)

Mr. Tuan Le Anh

Director of Personal Clients Division

Mr. Tuan has joined VNDIRECT since 2011; before becoming the Director of Personal Clients Division in July 2016, he also held

different key positions in Business Development Department and Strategic Clients Department at VNDIRECT

Prior to joining us, he worked as Marketing Senior Officer at Saigon Securities Inc. (SSI) and as Senior Auditor at KPMG

He holds a Bachelor degree in Marketing from Saxion University, The Netherlands

26

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Strictly Private & Confidential

OUR PEOPLE & OUR AWARDS

Exceptional Leadership With International Exposure

Mr. Minh Tran Ngoc

Managing Director of Investment Banking Division

Mr. Minh has extensive experience in both buy-side and sell-side advisory involving landmark deals in Vietnam

Prior to joining us, he was the Director in charge of Lead Advisory Service (M&A) for Ernst & Young Vietnam and an Investment

Banking Director in charge of Client Coverage Group for Ho Chi Minh Securities Corporation, where he was involved mainly in

merger and acquisition activities on the sell-side; he had also worked at J.P. Morgan Investment Bank and Dragon Capital Group,

one of the oldest and largest private equity funds in Vietnam

Minh has a Bachelor of Business Administration degree majoring in Finance from Baylor University, Waco, Texas, USA

Ms. Hang Tran T. Xuan

Director of Institutional Sales Division

Ms Hang has more than 20 years of experience in finance & banking sector; she was one of the first persons working with Dragon

Capital and was also among the first founders of Vietnam’s securities market, providing advisory services for groups and

companies to list on stock exchange

After working with Dragon Capital, Ms. Hang had been manager at other big organizations like HSBC, Finansa Plc., and

Techcombank

Ms. Hang has been VNDIRECT’s Institutional Sales Director since 2015

Ms. Phuong Nguyen Mai

Director of Research

Ms. Phuong has more than 8 years of experience in finance sector in Vietnam, especially in the Research Division; she has

served as Director of VNDIRECT’s Research Team since January, 2016

Prior to joining us, she worked as Head of Research at Maritime Bank Securities from 2011 – 2015

Ms. Phuong holds a Bachelor of Business Management and Finance, major in International Business from The University of

Queensland, Australia with Dean’s Honor Roll 2006 Award

27

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Strictly Private & Confidential

Contact

Institutional Clients Group

Name – Position Email Phone Skype

Hang Trang (Ms.) – Director [email protected] +84 908428186 xhang_2010

Trung Nguyen – Associate Director –

Business Development

[email protected] +84 937478432 Trung.nt.vn

Giang Nguyen – Associate Director –

Trading and Execution

[email protected] +84 932220286 giangnguyen222

Doanh Nguyen – Relationship

Manager

[email protected].

vn

+84 938658884 doanhnguyen_86

Linh Nguyen – Trading officer [email protected] +84 963405581 linh.nguyen1993

General request and inquiries [email protected]

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Strictly Private & Confidential

Landmark Awards

29

2008: “Top 500 Biggest

Private Company in

Vietnam”

Top 500

Awarded by Vietnam

Securities Trading

Association, State Securities

Committee, Credit

Information Center of the

State Bank of Vietnam

2009: ”The Prestige Brokerage

Brand” & “Leading Intermediary

and Customer Services”

Awarded by Vietnam

Economic Times. VNDIRECT

held the highest rank within

the securities company

category, and 2nd in the

banking and financial sector

Dec 2009: “Top 200 Most Popular

and Trusted Brands”

Sep 2010: “Reputable

Securities Company”

Awarded by Vietnam

Securities Trading

Association, State

Securities Committee,

Credit Information Center of

the State Bank of Vietnam

Dec 2011: “The Most

Reliable Online Trading

Solution”

Apr 2013: “Sao Khue Award in E-

Commerce Solutions”

Awarded by Vietnam E-

commerce Association

Awarded by Vietnam E-Commerce

Association. The first Brokerage

Firm to be price Sao Khue Award in

E-Commerce Solutions Category

OUR PEOPLE & OUR AWARDS

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Strictly Private & Confidential

OUR PEOPLE & OUR AWARDS

Landmark Awards

30

Sep 2014: “Securities Company with the Most

Improved Solutions of the Year”

Voted by Annual Brokers Poll

2014 by Asiamoney Magazine

Dec 2014: HNX Announced VNDIRECT as the

Leading Securities Company in 2009 – 2014

period

Selected by the comprehensive

evaluation criteria from the

prerequisites of financial safety,

market marker obligations and the

contribution to the market

Oct 2015: HNX Named VNDIRECT as the Leading Securities

Company in 2005 – 2015 period and Awarded VNDIRECT with

“Best brokerage Services in 2005-2015 period”

Honored among 12 leading securities

companies and voted by HNX securities

member companies with the award of

“Best brokerage services” in 200-2015

period on the occasion of 10-year-

establishment of HNX

Dec 2016: VNDIRECT was

Awarded “Trusted Brand 2016”

VNDIRECT was the

only securities

company awarded

Trusted Brand award in

2016