Vietcap Securities' 2025 annual general meeting documents include detailed reports on remuneration, operating expenses and other benefits of each member of the board of directors.
Ms. Nguyen Thanh Phuong - President of Vietcap - Photo: VCI
Vietcap Securities Joint Stock Company (VCI) has just announced the documents for this year's annual general meeting of shareholders. The meeting is expected to be held on April 1, in Ho Chi Minh City.
Reporting to shareholders, Vietcap said it spent VND720 million to pay remuneration to the board of directors, bonuses and operating expenses.
Of which, Ms. Nguyen Thanh Phuong - Chairman of Vietcap, along with Mr. To Hai and Mr. Dinh Quang Hoan - two other members of the Board of Directors - received 0 VND in salary.
The remaining independent members of the Board of Directors such as Mr. Nguyen Lan Trung Anh, Mr. Le Ngoc Khanh, and Mr. Nguyen Viet Hoa received from 180 to 240 million VND. Mr. Le Pham Ngoc Phuong only received 60 million VND last year because he was dismissed from April 2, 2024.
In 2025, Vietcap plans to submit to shareholders for approval a revenue plan of VND 4,325 billion and pre-tax profit of VND 1,420 billion, increasing by 15% and 30% respectively compared to the previous year. Expected dividend is 5 - 10%.
Last year, Ms. Nguyen Thanh Phuong's company's business results far exceeded the set plan, with total revenue of VND3,749 billion and pre-tax profit of VND1,089 billion.
Vietcap's business growth is accompanied by an impressive increase in market share of this securities company.
According to HoSE data, the 10 largest brokers on the HoSE floor are accounting for 68.26% of the market share of the entire industry's transaction value in 2024, down about 0.66% compared to 2023 (68.92%).
In 2024, Vietcap ranked 5th on HoSE with a brokerage market share of 6.08%, a significant increase compared to 8th place with a market share of 4.47% in 2023.
In the fourth quarter of 2024 alone, Vietcap's brokerage market share on the Ho Chi Minh City Stock Exchange continued to increase to 7.03% and ranked fourth compared to 6.78% in the previous third quarter. As a result, total brokerage revenue in 2024 reached VND 729.6 billion, an increase of 36.3% over the same period last year.
Vietcap leaders explained that their brokerage market share grew in both individual and institutional customer segments.
Vietcap strives to complete several major deals in 2025
With an ambitious plan this year, Vietcap's leader revealed: "We are working hard to complete some big deals and record revenue in 2025."
With a different market context, Vietcap assesses that there are many supporting factors coming from the stock market such as the recovery and growth of the Vietnamese economy, support policies from the Government and the prospect of upgrading the stock market, combined with interest rates continuing to be maintained at low levels and corporate valuations falling into an attractive area in the long term.
"The Vietnamese stock market in 2025 is forecast to continue its positive growth trend," Vietcap leaders said.
Source: https://tuoitre.vn/ba-nguyen-thanh-phuong-nhan-thu-lao-0-dong-tai-chung-khoan-vietcap-20250308201212903.htm
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