According to a recent announcement by the Vietnam Stock Exchange (VNX), through review, this unit has obtained information about impersonation and use of the logo and images of the Vietnam Stock Exchange on social networking platforms such as Facebook.

This impersonation is to advertise participation in zalo groups about stock teaching, calling for participation in stock investment teaching classes with images of Mr. Can Van Luc, Mr. Pham Le Thai on pages named Stock exchange, Investment teaching, Stock teaching, Stock club, Thai Pham...

The Vietnam Stock Exchange affirms that, up to now, the Vietnam Stock Exchange, together with the Ho Chi Minh City Stock Exchange (HoSE), the Hanoi Stock Exchange (HNX), have not invited participation in any training programs or securities investment groups. The Vietnam Stock Exchange recommends that investors be cautious and carefully research invitations to participate in securities investment to avoid being scammed in securities trading activities.

Previously, the State Securities Commission and many securities companies have also warned about the situation of impersonation through websites and social networks to commit financial fraud. SSI Securities Corporation has even recently discovered a Zalo chat group impersonating the company and senior leaders to conduct investment consulting livestreams. The scammers created fake Zalo accounts, using AI technology to impersonate Mr. Nguyen Duy Hung - Chairman of SSI. SSI Securities recommends that investors increase their vigilance and alertness when performing operations in the digital environment.

Similarly, VNDirect Securities Joint Stock Company has repeatedly tried to handle and warn customers and advised customers to be highly vigilant about issues such as impersonating VNDirect employees, inviting them to participate in securities courses, creating fake websites/applications, and impersonating police officers to ask customers to provide securities account information.

At the end of August 2024, the State Securities Commission also advised people to be vigilant when receiving phone calls from strangers; be careful and consider avoiding being lured into participating in applications (apps), forums, and groups on cyberspace for the purpose of investing in securities. When participating in the stock market, investors need to equip themselves with knowledge about securities, the stock market, and find information related to the stock market at official channels of management agencies, market operators, and securities trading organizations with securities consulting and brokerage functions licensed by the State Securities Commission to avoid being scammed and having their assets appropriated.

In case of suspicion or detection of individuals impersonating securities companies, fund management companies, providing false information and other fraudulent acts, people are requested to immediately notify the authorities for handling according to the provisions of law.