Vietcap Securities Joint Stock Company

Name

Vietcap Securities Joint Stock Company

Legal name

Công ty Cổ phần Chứng khoán Vietcap

Website

https://vietcap.com.vn

Company type

Public

Founded year

2007

Operating status

Operating

Headcount range

251–500 employees

Ownership category

akta.pro rank

Product category

Securities Brokerage and Investment Banking

NAICS

Securities and Commodity Contracts Intermediation and Brokerage (5231), Portfolio Management and Investment Advice (523940), Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523)

SIC

Security Brokers, Dealers & Flotation Companies (6211)

akta.pro primary industry

Capital Markets Advisory (IPO Readiness, SPAC, ECM/DCM Advisory) (BPAHAOAL)

akta.pro secondary industries

Equity Capital Markets Advisory (Equity Issuance Strategy & Readiness) (FSACAAAI), Private Banking Advisory & Discretionary Portfolio Management (FSABADAD), Convertible Equity & Equity-Linked Issuance (Convertibles/Exchangeables) (FSACAAAF)

Keywords

• Securities brokerage
• Investment banking
• Asset management
• Equity research
• Wealth management

Headquarters

HQ city

Ho Chi Minh City

HQ country

Vietnam

HQ region

Asia

Offices5 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Brokerage Commissions: Revenue generated from buying and selling securities on behalf of individual and institutional clients. Vietcap maintains top market share in HOSE trading, particularly among foreign investors.
2. Margin Lending: Interest income from providing margin financing (ky quy) to clients for leveraged securities purchases, integrated within the Vietcap Trading platform.
3. Investment Advisory: Fees from providing personalized investment advisory services to individual clients, including securities, bonds, derivatives, and covered warrants.
4. Institutional Brokerage & ECM: Revenue from block trades, IPO participation, equity capital market (ECM) transactions, and brokerage services for institutional clients including foreign investors.
5. Investment Banking: Advisory and structuring fees from M&A transactions, IPOs, equity and debt capital raising. Since 2015, Vietcap has completed 37 M&A deals, 42 IPO/listings, and 28 capital raising transactions.
6. Wealth Management: Portfolio management and advisory fees from high-net-worth clients, offering comprehensive and specialized investment solutions.
7. Investment Products (SAFE Bond): Distribution of investment products including the SAFE Bond, offering diversified bond portfolios with competitive yields through fully online investment processes.

Go-to-market motion3 records

Distribution channels6 records

Marketing channels8 records

Core offering

Vietcap Securities Joint Stock Company provides securities brokerage (cash equities and derivatives), investment banking advisory (M&A, ECM/DCM), asset management (discretionary portfolios and public/closed-end funds), and equity research on the Vietnamese market. The firm serves both institutional and retail investors through proprietary online trading platforms and a national branch and transaction office network. It also conducts proprietary investment and margin financing activities for clients.

Product overview

Vietcap Securities operates a multi-platform securities and financial services ecosystem organized into four core divisions: Individual Customer Advisory, Institutional Brokerage, Wealth Management, and Investment Banking. The core technology stack consists of Vietcap Trading (web-based platform), Vietcap Mobile App (iOS/Android), Vietcap Pro (desktop download), and Vietcap IQ (research and market analysis hub). These are complemented by AI News for AI-powered financial news, a Margin Product for leveraged trading, the SAFE Bond and Smart Money online investment products, the VCAM GROWTH VNDIVIDEND ETF, and Vietcap Academy and Webinar for investor education. The platform supports securities brokerage, derivatives, covered warrants, bonds, and investment banking services.

Differentiator

Problem solved

Functional benefit

Brands

• Vietcap Trading: Trading platform for securities transactions
• Vietcap IQ
• Vietcap Academy
• Vietcap Webinar
• VCAM GROWTH
• VNDIVIDEND
• SAFE Bond
• Smart Money
• Vietcap Pro

Products and services

• Securities Brokerage Execution of buy and sell orders in listed Vietnamese equities and derivatives for retail and institutional clients, delivered through proprietary online platforms and branch offices. Includes account servicing, custody linkage, and order routing to the Ho Chi Minh and Hanoi stock exchanges.
• Investment Banking Advisory Advisory services for corporate clients on mergers and acquisitions, equity capital raisings (IPOs, follow-ons, private placements), and debt capital markets transactions in the Vietnamese market. Targeted at corporate issuers, financial sponsors, and government-related entities.
• Asset Management Discretionary asset management services and management of public/closed-end investment funds investing primarily in Vietnamese listed securities. Targeted at institutional clients and high-net-worth individuals seeking professional portfolio management.
• Equity Research Independent equity research on listed Vietnamese companies, including company reports, sector views, and market strategy. Distributed to institutional clients and made available to retail investors to support investment decisions and brokerage flow.
• Margin Financing Margin lending services that allow brokerage clients to borrow against securities held in their account to finance additional purchases of Vietnamese listed equities, subject to regulatory margin limits.

Quantifiable outcome

• Top 1 market share in foreign investor equity trading on HOSE
• +4 more outcomes

Named customers5 records

Segments4 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability2 records

Feature7 records

Partnerships

Five partnerships are on record, tiered minor and core.

• Joy FoundationminorStrategic or Co-development Partner · 6 April 2026Joy Foundation is a co-implementation partner for the Go Green Go Up program, specifically for the Forest Garden (Vườn Rừng) project at the Nou Nature Reserve in Nghe An province, Vietnam.
• Government authorities (Nghe An province, Tay Ninh province)minorOthers · 1 January 2026Vietcap collaborates with provincial government authorities including the Department of Agriculture and Environment of Nghe An and Tay Ninh provinces, and district people's committees for the execution of its Go Green Go Up environmental initiative.
• Commercial Banks (Techcombank, BIDV, VPBank, Eximbank)coreOthers · 1 January 2026Vietcap offers deposit and withdrawal services through identified bank accounts at Techcombank, BIDV, VPBank, and Eximbank, enabling clients to fund their securities accounts using their identified bank accounts for fast transfers.
• TreeBank (Viện Nghiên cứu Truyền thông Phát triển)minorStrategic or Co-development Partner · 6 April 2025Vietcap partners with TreeBank under its Go Green Go Up environmental initiative, executing forest reforestation projects. TreeBank is affiliated with the Institute for Development and Communication Research. Vietcap has planted 6,000 trees in Tay Ninh (2025) and is executing additional planting projects in Nghe An and the Nature Reserve forest area in 2026.
• Vietcap Asset Management (VCAM)coreStrategic or Co-development PartnerVCAM (Vietcap Asset Management) is a related entity managing Vietcap's fund management business and related ETF products such as VCAM GROWTH and VNDIVIDEND. Vietcap distributes VCAM fund products to its clients, including ETF certificate offerings.

Scale indicators9 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• Ho Chi Minh City Securities Corporation (HSC): One of Vietnam's leading brokerage and investment banking firms, listed on HOSE. Directly competes with Vietcap in retail brokerage, institutional trading, and ECM/M&A league tables, and regularly trades the Top 3 HOSE market share positions.
• SSI Securities Corporation: Vietnam's largest securities brokerage and investment bank, listed on HOSE. Directly comparable to Vietcap across retail brokerage, institutional trading, margin lending, and ECM/M&A advisory, and consistently ranks at or near #1 on HOSE market share.
• VNDirect Securities Corporation: Major Vietnamese securities firm operating a digital-first brokerage platform with strong retail investor mindshare. Directly comparable to Vietcap on multi-platform retail trading, margin lending, and investment banking services.
• Mirae Asset Securities Vietnam: Vietnamese affiliate of Korean-affiliated Mirae Asset, offering full-service brokerage, margin, and investment banking. Competes with Vietcap directly for both retail and foreign institutional flow on HOSE.
• KIS Vietnam Securities Corporation: Vietnamese brokerage backed by Korean-owned KIS, offering retail trading, institutional brokerage, and ECM. A direct competitor for brokerage market share and IPO mandates alongside Vietcap.
• MB Securities Joint Stock Company (MBS): Vietnamese securities firm affiliated with Military Commercial Joint Stock Bank, providing brokerage, margin lending, and investment banking. Competes with Vietcap across retail, institutional, and IB segments.
• ACB Securities Company Limited (ACBS): Brokerage arm of Asia Commercial Bank, offering retail trading, margin, and investment banking services. Overlaps with Vietcap's retail brokerage, advisory, and IB coverage of Vietnamese listed companies.
• Yuanta Securities Vietnam: Vietnamese arm of Yuanta Group (Taiwan), providing retail brokerage, institutional trading, and IB services. Comparable to Vietcap as a foreign-affiliated, multi-channel securities firm active in both retail and institutional markets.
• RongViet Securities (VDSC): Vietnamese securities company offering brokerage, margin lending, and investment banking. Comparable to Vietcap in offering a full-service retail-to-institutional platform with proprietary trading tools.
• VietinBank Securities (VCSC): Brokerage arm of VietinBank, one of Vietnam's largest state-owned banks, providing retail brokerage, institutional trading, and IB. Directly competes with Vietcap for ECM mandates, particularly involving state-owned enterprises.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat6 records

Key risks5 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCI9dUEG8CdXQi3L8bhx3iKg
• Facebookfacebook.com/chungkhoanVietcap
• LinkedInlinkedin.com/company/vietcap-securities-careers
• TikToktiktok.com/@vietcapsecurities

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Vietcap Securities Joint Stock Company