VCBS

VCBS has been approved to raise its charter capital to VND 8,500 billion (approximately USD 340 million), up from VND 2,500 billion in 2022. The capital increase aims to enhance financial capacity, expand brokerage and investment banking, and upgrade digital platforms, reinforcing VCBS's competitive position as it enters the top 10 market share brokers on HOSE.

HCM and other Vietnamese securities firms plan to raise an additional 100 trillion VND in 2026, driven by regulatory changes, foreign ownership limits, and margin lending expansion. Most firms forecast double-digit profit growth, with HCM targeting 56%, VPX 44%, and VCI 41%.

The combined market share of Vietnam's top 10 brokerages on HoSE dropped to 65.19% in Q2 2026, the lowest in five years, signaling intensifying competition. VPS retained the top spot but saw its share fall to 12.61%, while SSI narrowed the gap at 11.17%. VCBS completed a capital increase to 8.5 trillion VND, with plans to reach 12.5 trillion VND by 2027, reflecting a broader industry trend of capital raising to support margin lending and proprietary trading.