VPBank Securities (VPX) approved an ambitious 2026 business plan targeting total revenue of VND 11,074B (+59% YoY) and pre-tax profit of VND 6,453B (+44% YoY), with a key goal to double its average margin loan balance to nearly VND 50,000B. The plan is the second year of a 2025-2030 strategy targeting 32% annual growth to become a top securities firm, leveraging its banking ecosystem for investment banking.
VPBank Securities (VPX) reported Q1 2026 pre-tax profit of VND 515 billion, a 47% year-over-year increase, as disclosed in its financial statement filing on April 18. This performance significantly outpaces the broader Vietnamese securities sector's mixed results for the quarter.
Securities proprietary trading desks were net buyers of 614 billion VND on HOSE, with SHB being the most heavily bought stock at 539 billion VND, while foreign investors were net sellers of approximately 1,161 billion VND.
VPBank Securities (VPX) purchased 1.15 million KBC shares, raising its ownership stake to 5.044% and becoming a major shareholder in Kinh Bac Urban Development (KBC).
Securities company proprietary trading desks were net buyers of 60 billion VND on HoSE, with MSN being the top net buy at 38 billion VND, while foreign investors were net sellers of 3,651 billion VND.
On April 14, foreign investors returned to net buying on HOSE with a value of nearly 201 billion VND, led by purchases in HPG, VIC, and MBB, while proprietary trading desks were net sellers of 54 billion VND, focusing on HPG, VIC, and VHM.
CAEX, a Vietnamese crypto asset exchange, announced that OKX Ventures and HashKey Capital have invested and become strategic partners, helping CAEX meet the 10,000 billion VND capital requirement for Vietnam's pilot crypto market program. This partnership, involving VPBankS and LynkiD, aims to build a compliant and secure international-standard trading platform.
VPBank Securities (VPX) independent board member Nguyễn Quang Trung has resigned effective upon shareholder approval, citing personal reasons, following another board member's resignation in March 2026. The company's 2026 AGM on April 20 will vote on this and a business plan targeting 39% revenue growth and 44% pre-tax profit growth, while proposing no dividend to retain capital amid market volatility.
Information provided for educational purposes only. Past performance does not guarantee future results. Data sourced from public Vietnamese market feeds.