GENERAL INTRODUCTION
Mission – Vision – Core Values
Bao Viet Securities Joint Stock Company (“BVSC”) was established in 1999 with the involvement of Vietnam Insurance Corporation (now Bao Viet Holdings) under the management of the Ministry of Finance. BVSC inherited Vietnam’s top insurance corporation’s brand reputation and financial power.
BVSC is one of the most prestigious securities companies in Vietnam, providing financial and investment services to all institutional and individual clients and reputable domestic and foreign investment banks and funds.
-
Commercial name:Bao Viet Securities Joint Stock Company.
-
Business license:No 01/GPHDKD issued by the State Securities Commission on November 26, 1999.
-
Charter capital:VND 722,339,370,000.
-
Shareholders’ equity as at December 31, 2025:VND 2,656,788,591,891.
-
Address:Bao Viet Tower, 08 Le Thai To, Hoan Kiem Ward, Ha Noi.
-
Telephone:(84-24) 3.928.8080.
-
Fax:(84-24) 3.928.9888.
-
Website:www.bvsc.com.vn
-
Stock ticker:BVS, listed on Hanoi Stock Exchange (“HNX”).
MISSION
Delivering “Solid Trust” to Investors and Businesses through ““Enduring Commitment”.
VISION
To maintain our position as a leading securities firm, providing diverse digital-first services to deliver excellence for our customers and maximize satisfaction for our shareholders.
CORE VALUES
- Prestige is the Company’s most important asset.
- Professional ethics is the most valuable quality for company staff.
- A risk management process is followed to limit risk exposure.
Milestones
- Relocated the Head Office from the 4th and 7th floors of Unit A to Unit B of Bao Viet Tower, No. 08 Le Thai To Street, Hoan Kiem Dist., Ha Noi.
- Relocated 174 Le Hong Phong Transaction Office to Building 24A, Phan Dang Luu Street, Ward 6, Binh Thanh Dist., HCMC, and renamed to Phan Dang Luu Transaction Office.
- Relocated Lang Ha Transaction Office to the 10th Floor, Sky City Building 88 Lang Ha, Dong Da Dist., Ha Noi, and renamed to Thanh Cong Transaction Office.
- Relocated Cao Thang Transaction Office to 81 Cao Thang, District 3, HCMC.
- Relocated the Head Office from the 2nd and 3rd floors, building No.72 Tran Hung Dao, Tran Hung Dao ward, Hoan Kiem Dist. to No. 8 Le Thai To, Hang Trong ward, Hoan Kiem Dist., Ha Noi.
- Relocated Kim Ma Transaction Office to Hapulico Center Building, No.1 Nguyen Huy Tuong St., Thanh Xuan Dist., Ha Noi, and renamed it to Thanh Xuan Transaction Office.
- Relocated Head Office from No. 8 Le Thai To St., Hoan Kiem Dist. to the building at 72 Tran Hung Dao St., Hoan Kiem Dist., Ha Noi.
- Established 174 Le Hong Phong Transaction Office under the HCMC Branch.
- Relocated the Transaction Office 146 Nguyen Van Cu to 90 Cao Thang and renamed it as Cao Thang Transaction Office, under the HCMC Branch.
- Opened Lang Ha Transaction Office at 14 Lang Ha St., Ba Dinh Dist., Ha Noi.
- Opened 233 Dong Khoi Transaction Office at 233 Dong Khoi, Dist. 1, HCMC.
- Relocated My Dinh Transaction Office to No. 519 Kim Ma, Ba Dinh Dist., Ha Noi, and renamed it to Kim Ma Transaction Office.
- Opened My Dinh Transaction Office at No.8 Nguyen Co Thach St., Tu Liem, Ha Noi.
- Changed the Company’s logo and brand recognition.
- Relocated Ho Chi Minh Branch office to No.233 Dong Khoi St., Dist. 1, HCMC.
- Opened a Transaction Office at 11 Nguyen Cong Tru, Dist. 1, Ho Chi Minh City.
- Increased charter capital from VND 450 billion to VND 722.3 billion.
- Opened a Transaction Office at 146 Nguyen Van Cu, Dist. 5, HCMC.
- Increased charter capital from VND 150 billion to VND 450 billion.
- Set up new Head Office and Transaction Floor at No.8 Le Thai To St., Hoan Kiem Dist., Ha Noi.
- Opened a Transaction Office No.1 at 94 Ba Trieu St., Hoan Kiem Dist., Ha Noi.
- Increased charter capital from VND 49.45 billion to VND 150 billion.
- BVSC’s stock (Ticker: BVS) was officially listed on Ha Noi Securities Trading Center, currently known as Ha Noi Stock Exchange.
- Established a Branch and opened a Transaction Office in Ho Chi Minh City.
- BVSC was established in 1999 with the involvement of Vietnam Insurance Corporation (now Bao Viet Holdings) as a founding shareholder under the management of the Ministry of Finance.
Business Operations
Securities Brokerage
Being the first securities company established in the Vietnamese stock market, with more than 26 years of development, BVSC remained one of the leading firms in Vietnam’s stock market. BVSC presently has nearly 92 thousand trading accounts.
Institutional Brokerage
For years, BVSC has built a solid relationship with local and global professional financial institutions. With the “client-centric” spirit in its development strategy, BVSC has been continuously investing in and focusing on improving its information technology system, human resources, and research & development to elevate quality service and diversify products to build a complete product ecosystem on a digital platform to meet all investment demands of institutional partners.
In addition, BVSC focuses on supporting customers to better access the Vietnamese Stock Market through short video series, regular online presentations and meetings to update the latest information and share in-depth knowledge, as well as organizing many site visits to help investors better understand the Vietnamese market and seek out more potential investment opportunities.
Custody Services
BVSC provides securities custody services for customers, including securities depositing, exercising rights, securities transfer and pledging, gifting and inheritance of securities, odd-lot trading, acting as a depository agent, and the settlement and transfer of securities. Securities custody services provided by BVSC are executed in a prompt, convenient, and prudent manner, in compliance with the regulations of the State Securities Commission (“SSC”) and the Vietnam Securities Depository (“VSD”).
Proprietary Trading
BVSC invests its own money to generate profits while strictly following the principles of avoiding conflicts with clients’ interests.
Corporate Finance Advisory and Investment Banking Services
As a professional advisory organization, BVSC provides services to clients, including Equity Capital Market, Debt Capital Market, Restructuring, Mergers & Acquisitions (“M&A”), and other corporate finance advisory services (Advisory on Public Offering and Listing, Equitization and State Divestment, etc.).
BVSC’s Investment Banking activities, with a diverse system of products and services, always provide customers with the best financial solutions. With the motto “Quality – Progress – Efficiency” and the goal of “Maximizing customers’ interests,” BVSC’s experts always strive to fully meet the specific requirements of each customer segment.
Research and Investment Advisory
With a team of highly qualified, experienced, and sharp analysis experts who regularly stay abreast of market developments, BVSC’s Research and Investment Advisory activities over the past years have been highly appreciated not only for the diversity of their products but also for the quality that effectively meets the needs of investors. This is demonstrated by the high level of accuracy, objectivity, and timeliness.
BVSC provides a diverse and comprehensive suite of analytical products, ranging from macro analysis, market commentaries, and bond reports to investment strategy reports, as well as industry and business analysis. BVSC’s portfolio-based investment advisory reports are always well-received and highly appreciated by investors for their quality.
Network
Currently, BVSC has a network of 1 branch and 08 transaction offices in the two main cities of Vietnam, Ha Noi and Ho Chi Minh City. BVSC always provides the best services to its clients through a team of competent and experienced stock market experts.
BVSC’s network is as follows:
HEADQUARTERS
Address: Bao Viet Building, No.8 Le Thai To, Hoan Kiem Ward, Ha Noi.
Hotline: (84-24) 3.928.8080
Fax: (84-24) 3.928.9888
HO CHI MINH CITY BRANCH
Address: 8th Floor, Bao Viet Building, No. 233 Dong Khoi, Sai Gon Ward, HCMC.
Hotline: (84-28) 3.914.6888
Fax: (84-28) 3.914.7999
Company’s hotline: 19001018
Email: info@bvsc.com.vn
Website: www.bvsc.com.vn
Awards
Since its establishment in 1999, BVSC has continuously received awards and votes from large and reputable domestic and foreign organizations in all fields of operation. In this report, we would like to summarize the outstanding achievements of recent years:
KEY PERFORMANCE INDICATORS (KPIs)
Unit: VND billion
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|
| I – KPIs | ||||||
| Total revenue | 1,147.11 | 921.54 | 935.48 | 992.77 | 1,104.65 | |
| Gain from financial investment | 255.98 | 163.21 | 219.83 | 247.49 | 278.56 | |
| Interest income from loans and receivables (including interest on margin loans & advances) |
361.77 | 325.81 | 330.27 | 410.73 | 433.05 | |
| Revenue from securities brokerage activities | 467.67 | 320.15 | 307.77 | 318.59 | 374.33 | |
| Revenue from advisory and underwriting, securities issuance agency, auction entrustment | 41.02 | 32.45 | 2.21 | 3.47 | 4.64 | |
| Revenue from securities custody services | 9.23 | 9.50 | 7.20 | 6.86 | 8.32 | |
| Financial income and other income | 11.44 | 70.41 | 68.22 | 5.62 | 5.75 | |
| Operating profit | 351.59 | 179.25 | 238.08 | 241.04 | 265.78 | |
| Other profit | (0.56) | 1.75 | (0.19) | (0.12) | (0.72) | |
| Profit before tax | 351.03 | 181.00 | 237.90 | 240.93 | 265.06 | |
| Profit after tax | 282.94 | 146.89 | 197.86 | 199.95 | 224.52 | |
| Realized profit after tax | 232.20 | 213.69 | 159.78 | 206.42 | 204.41 | |
| Total assets | 5,719.30 | 3,857.65 | 6,016.42 | 5,628.66 | 7,033.00 | |
| Owner’equity | 2,144.45 | 2,180.94 | 2,316.92 | 2,475.37 | 2,656.79 | |
| II - SPECIFIC KPIs | ||||||
|
Capital adequacy ratio |
489% | 654% | 445% | 678% | 576% | |
|
Total assets: |
1.60 | 2.30 | 1.63 | 1.79 | 1.61 | |
|
Current ratio: |
1.60 | 2.20 | 1.55 | 1.63 | 1.50 | |
|
Quick ratio (Cash and cash equivalents + Short-term investments)/Current liabilities |
1.54 | 2.11 | 1.53 | 1.94 | 1.94 | |
|
Earnings per share (VND) |
3,042 | 2,782 | 2,080 | 2,688 | 2,661 |
Total revenue
(VND billion)
Operating profit
(VND billion)
Total assets
(VND billion)