VNDirect Securities opens Binh Duong trading house

Thursday, Jan 10, 2019 16:57

Photo shows the opening ceremony of VNDirect Securities Corporation’s Binh Duong trading house. The new facility is the company’s sixth branch office in Viet Nam. — Photo VNDirect Securities

VNDirect Securities Corporation (VNDS) on Saturday held an opening ceremony for its trading house in Binh Duong Province’s Thu Dau Mot City, two months after it gained a business licence.

The opening of the trading house has helped VNDS, which is headquartered in Ha Noi, raise its total number of branches to six nationwide.

The other five houses are located in Quang Ninh Province, Nghe An Province’s Vinh City, Da Nang, HCM City and Can Tho City.

After two months, more than 1,000 accounts have been opened at VNDS’ Binh Duong office, showing the new facility has drawn attention from local individual and institutional investors, according to Le Dinh Trieu Giang, the office director.

The new facility has also held workshops and meetings for provincial organisations and companies, Giang said in the company’s press release.

“I believe the Binh Duong office will develop strongly in the future and meet the rising demand of local investors with high-quality, professional, skilled and experienced employees,” he said.

VNDS is among the four biggest securities firms by stock and fund certificate market share, and among the six biggest by bond brokerage on the Ho Chi Minh Stock Exchange (HoSE).

The company has been recognised by the Ha Noi Stock Exchange as the securities firm with the best growth of brokerage activity in 2018.

VNDirect Securities recorded its revenue rose 14 per cent year on year in the first 11 months of 2018. — VNS

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