BVSC honoured as Best Securities Advisory Firm

Wednesday, Aug 08, 2018 17:51

A stock trading session underway at Bao Viet Securities JSC. — Photo

Bao Viet Securities Joint Stock Company (BVSC) has been named Best Securities Advisory Firm – Vietnam by the UK’s International Finance Magazine.

The award is among many others included in the magazine’s International Finance Awards, which was launched in 2013 to recognise and honour the achievements and contributions of international financial-banking firms.

The latest edition of the awards credited BVSC’s achievements and efforts as a financial advisor, contributing to the development of the Vietnamese merger and acquisition (M&A) market, BVSC said in a statement.

In 2017, BVSC performed well and was one of the leading financial advisory firms in Viet Nam’s deals such as the VND9.87 trillion (US$438.8 million) merger between Thanh Thanh Cong Tay Ninh Sugar JSC and Bien Hoa Sugar JSC, and the divestment of State capital at Sai Gon Beer-Alcohol-Beverage Corporation (Sabeco), in which the Government sold a $5 billion stake to foreign investors.

“That deal (for Sabeco) was not only a big one for Viet Nam but also for other regional markets, and it made a big contribution to the development of the Vietnamese financial market and raise the creditability of BVSC,” BVSC said.

BVSC was founded in 1999 and has emerged as one of the country’s top brokerage firms. It provides professional finance and investment products and services for all domestic and foreign investors.

International Finance is a premium financial and business analysis magazine, published by UK’s International Finance Publications Ltd.

With a discerning focus on emerging markets, International Finance provides news, analysis and commentary from a range of industry experts, contributors and writers. — VNS

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