VPS Securities (VCK) completed a VND 9,131B capital increase via a bonus share issuance, raising its charter capital to VND 24,349B. This is part of a broader VND 24,300B capital raise by four securities firms, including DSE, VCI, and OCBS, aimed at strengthening balance sheets in anticipation of Vietnam's potential reclassification by FTSE from Frontier to Secondary Emerging market.
Foreign investors were net sellers of 1,129.9 billion VND (~$45.2 million) on the Vietnamese stock market, with buying concentrated in Real Estate and Basic Resources sectors (e.g., VIC, SSI, HPG) and selling focused on the Information Technology sector (e.g., FPT, HCM).
The VN-Index rose over 19 points to close near 1,820, led by Vingroup stocks hitting new all-time highs, while foreign investors were net sellers of over VND 1,100 billion.
VPS Securities (VCK) approved a 2026 business plan targeting VND 11,500B in revenue (+39.2%) and VND 5,750B in pre-tax profit (+28.6%) at its Annual General Meeting. The company will not pay a cash dividend for 2026, retaining earnings after a VND 1,424B stock dividend from 2025 profit.
VPS Securities (VCK) targets 2026 revenue of VND 11,500 billion (+39% YoY) and pre-tax profit of VND 5,750 billion (+29% YoY), with a plan to retain all 2025 earnings and pay no dividend. The company disclosed a shareholder base of 16,983 and a 36% surge in margin lending to VND 29,979 billion, reinforcing its leading brokerage position on HoSE.
Vietnam recorded a record 345,979 new domestic investor accounts in March, surpassing the government's 2030 target, while foreign investors also opened 427 new accounts. Despite this strong investor interest, the VN-Index fell by 10.95% in March, accompanied by significant foreign net selling and increased trading liquidity.
The VN-Index rose for a fifth consecutive session, driven primarily by Vingroup stocks, but market breadth was negative with more declining stocks than gainers, and a securities firm advised caution near a resistance level.
VPS Securities (VCK) reported Q1 2026 net profit of VND 1,235 billion, a 67.8% year-on-year increase, marking its highest quarterly profit ever. The firm achieved 27% of its full-year pre-tax profit target of VND 5,750 billion, driven by strong brokerage and lending growth, while expanding its HoSE market share to 15.32%.
VPS Securities (VCK) plans to present 2026 business targets to shareholders, aiming for record revenue of VND 11,500B (+39%) and pre-tax profit of VND 5,750B (+29%), while proposing no dividend for 2025. The guidance is based on expectations of Vietnam's stock market upgrade and infrastructure reforms, with the company having already achieved 27% of its annual profit target in Q1 2026.
VPS Securities (VCK) reported Q1 2026 net profit of VND 1,235B, a 68% year-on-year increase, achieving approximately 27% of its full-year pre-tax profit target of VND 5,750B. The record results were driven by a 72% surge in revenue, led by strong performance in brokerage and lending income, while the firm maintained its leading 15.32% brokerage market share on the HoSE.
Vietnamese commercial banks have proactively reduced deposit and lending interest rates following a meeting with the new SBV Governor, leading to an immediate positive reaction in the stock market with the VN-Index recovering over 13 points. This move is seen as a significant support for the market, attracting capital back into banking, oil & gas, and fertilizer sectors.