Ms. Nguyen Thanh Phuong received 0 VND salary at Vietcap Securities

Vietcap Securities' 2025 annual general meeting documents include a detailed report on the 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 board of directors' remuneration, 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, Le Ngoc Khanh, and 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.

By 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 upturn goes hand in hand with the 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 industry's total transaction value market share in 2024, down about 0.66% compared to 2023 (68.92%).

In 2024, Vietcap will rank 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. Thanks to that, 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 by 2025

With ambitious plans this year, Vietcap's leaders 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 business valuations falling into an attractive zone in the long term.

"Vietnam's 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