SSI Securities Corporation reported strong growth last year, with pre-tax profits growing by 54.4 percent to nearly 1.56 trillion VND (67.57 million USD) and income by 43.4 percent to 4.528 trillion VND (195.5 million USD).
At an event to present the title of ‘Labour Hero in the Doi moi (Renewal) period’ to SSI Securities Corporation (Photo: VNA)
HCM City (VNS/VNA) - SSI Securities Corporation reported strong growth last year, with pre-tax profits growing by 54.4 percent to nearly 1.56 trillion VND (67.57 million USD) and income by 43.4 percent to 4.528 trillion VND (195.5 million USD).
The stock market had a successful 2020, with the two main indices, the VN-Index and VN30 gaining 14.9 percent and 21.8 percent.
Average liquidity in the fourth quarter rose 79.5 percent from the previous quarter to 11.6 trillion VND.
SSI retained its position as the leading brokerage on the HCM City Stock Exchange for a seventh consecutive year with a market share of 12.33 percent.
At the end of last year it got an 85 million USD loan from a consortium of foreign banks led by Union Bank of Taiwan, for securities trading services and trading valuable papers and margin lending at low interest rates among other things.
Last year it was conferred the title of ‘Labour Hero in the Doi moi (Renewal) period’ for its contributions to the sustainable development of the country’s securities sector./.
SSI Securities Corporation, one of leading securities firms in Vietnam, on December 15 signed a contract for a 85-million-USD unsecured loan with a group of nine foreign banks led by the Union Bank of Taiwan (UBOT), the largest bank of Taiwan (China).
Credit growth in Vietnam may reach 13-14 percent this year, partly driven by progress with the COVID-19 vaccine, according to a 2021 banking outlook report released by the SSI Securities Corporation on January 6.
Shares bounced back slightly in the afternoon trade but the VN-Index still lost 60.94 points, or 5.11 percent, closing the January 19 session at 1,131 points.
The insurance industry is forecast to continue gaining double-digit growth this year thanks to new bancassurance contracts signed late last year and the recovery of the economy.
In 2024, durian was a leading export among Vietnam’s fruits and vegetables, earning a record of 3.3 billion USD and accounting for 46% of the sector’s total export value. China was the largest market, importing 3.2 billion USD worth of durians, or 97% of the total.
The arrival of this first wind power equipment shipment signalled the Trung Nam Ca Na seaport’s infrastructure readiness and its entry into a new phase of development, aligned with Vietnam’s adjusted National Power Development Plan VIII.
PM Pham Minh Chinh has called on global tech giants to bolster cooperation with Vietnam to assist with the country's efforts to drive a startup and innovation ecosystem.
Prime Minister Pham Minh Chinh had meetings with leaders from multinational corporations on June 25, advancing Vietnam’s infrastructure development as well as food processing sector, on the sideslines of the 16th Annual Meeting of the New Champions of the World Economic Forum (WEF) in Tianjin city.
According to UOB, following the US’s announcement of reciprocal tariffs of 46% on Vietnamese goods on April 2, around 80% of Vietnamese businesses have proactively taken measures to respond to potential impacts.
As one of the most prestigious annual international events in the industry, the expo serves as a prime platform for enterprises to connect, exchange valuable experience, and explore reliable collaboration opportunities with both domestic and international companies.
Organised by the Vietnamese Embassy and Trade Office, Vietnam's national booth showcases catalogues and product samples from over 30 Vietnamese companies, spanning key sectors such as agriculture, seafood, food and beverages, footwear, textiles, furniture, plastics, construction materials, and industrial machinery.
The pangasius industry is one of the country’s key foreign currency earners, with an annual export value of around 2 billion USD, accounting for 20% of Vietnam’s total seafood exports. The US remains one of the largest and most strategic markets for Vietnamese pangasius.
A Government Office notice on the Deputy PM’s conclusions at a recent meeting to review construction progress of the plants stressed that accelerating the development of power sources is essential and urgent to ensure energy security and meet the demands of two-digit socio-economic growth in the coming period.
It featured four discussions on key issues such as the Vietnam- Switzerland comprehensive partnership, Vietnam’s international financial centre, digital transformation and innovation, and global human resources and expansion of markets.
With rising protectionist policies for the steel industry, and the US imposing tariffs on steel exports, the sector has entered a challenging period. In response, many industry giants are returning to the domestic market.
As the most significant and high-profile event in the global logistics industry, FIATA World Congress 2025 is expected to gather over 1,200 delegates from more than 150 countries.
According to the State Bank of Vietnam (SBV), in the interbank market, the trend of decreasing overnight interest rates has continued, starting at 3.13% in the first session of last week and gradually decreasing over the sessions to 1.67% at the last session of the week. In total, overnight interest rates decreased by 1.46 percentage points within one week.
Huynh Tan Khanh, Secretary of the Party Committee of Ganh Hao, noted that the town strictly follows anti-IUU fishing directives and has partnered with local agencies to organise six awareness campaigns attended by nearly 500 fishermen. Some 130 boat owners and captains have also signed commitments to follow legal requirements and avoid entering foreign waters.
ChatGPT is not yet a threat to the real estate market as it can handle information quickly and effectively, but it’s here to support, not replace, human advisors.
At an event to present the title of ‘Labour Hero in the Doi moi (Renewal) period’ to SSI Securities Corporation (Photo: VNA) 
