Vietcombank to inject $380mn into securities arm

The plan was approved through a recent resolution by the board of directors of the bank, which fully owns VCBS.

The move underscores Vietcombank’s intention to significantly strengthen the financial capacity of its securities subsidiary amid a rapidly evolving market landscape.

Established in 2002, the company is currently chaired by Le Manh Hung, who also serves as its legal representative.

This is not the first time VCBS has expanded its capital base.

In 2022, the firm saw its charter capital increase from VND1 trillion ($38 million) to VND2.5 trillion.

According to brokerage market share rankings on the Ho Chi Minh Stock Exchange (HoSE) for the third quarter of 2025, VCBS ranked ninth, capturing a 2.88-percent market share.

Financially, as of the end of September, VCBS’s total assets had stood at nearly VND19 trillion ($722 million), up more than VND6 trillion ($228 million) from the beginning of the year.

Outstanding loans, largely margin lending, reached over VND9.8 trillion ($373 million), a surge of nearly VND4 trillion ($152 million) against the figure recorded in January.

Business performance has also been positive.

Between January and September, VCBS posted revenue of some VND1.4 trillion ($53 million), up 20 percent year on year.

Its after-tax profit amounted to VND441 billion ($16.8 million), marking an increase of nearly six percent compared with the same period last year.

The capital increase comes at a pivotal moment for Vietnam’s stock market, which has recently been upgraded to emerging market status.

The reclassification is widely seen as opening up new growth opportunities, including greater foreign capital inflows and higher trading activity.