The Corporate Finance Industry in Vietnam plays a crucial role in the country's economic development, providing financial services and advice to businesses and organizations to facilitate investment, growth, and expansion. In this article, we will analyze key statistics from 2022, factors contributing to the industry's growth and success, each industry's growth and comparison to previous years, key trends, challenges, and the future outlook.
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HO CHI MINH CITY SECURITIES CORPORATION (HSC)
495
+84 28 3823 3299 support@hsc.com.vn
Ho Chi Minh City Securities Corporation (HSC) is a leading and award-winning professional securities brokerage and equities firm in Vietnam. HSC offers a full suite of services and financial products to private and institutional clients, providing professional investment advisory services backed by solid, trusted, award winning research. Through its Corporate Finance Division, HSC has established an exceptional track record of connecting businesses to investors and creating long-term sustainable partnerships. HSC benefits from synergy between two financial powerhouses in Vietnam; the founding shareholder Ho Chi Minh City Finance and Investment State-owned Company (HFIC); and strategic shareholder Dragon Capital Group, a prominent and leading diversified investment group. Officially listed on the Ho Chi Minh Stock Exchange (HOSE) in May 2009 under the ticker HCM, as of 31/12/2018, shareholders equity of HSC totaled VND3,060 billion (approximately US$ 130 million), making HSC one of th…
VIETNAM CFO ASSOCIATION (VCFO)
12
+84 28 6670 1666 member@cfo.vn
Vietnam CFO Association is a professional organization of individuals who used to and/or are working as Chief Financial Officers (CFO), senior managers in accounting, auditing, internal control, and senior consultants in finance. The Association is to promote the sharing of local and international experiences, skills, knowledge and information in the area of corporate finance governance. This aims at “Advancing the capability of Vietnam’s CFOs to international level”, progressively building up a force of highly professional CFOs and financial executives in order to make business administration and management of Vietnam enterprises more efficient and in line with international rules and practices. Vietnam CFO Association is a member of The International Association of Financial Executives Institutes (IAFEI - www.iafei.org).
ASART DEAL ADVISORY
7
+84 789 505 789 contactus@asart.com.vn
We are committed to building a leading management consulting firm in finance and strategy with core services in Mergers & Acquisitions (M&A). Our company was founded on the core values of sustainable growth and financial transparency. We want to join hands to build a better world, where everyone is financially and emotionally rewarded from disruptive and remarkable projects. Our customers come from many parts of the world including Vietnam, Japan, Europe, USA, Thailand and other Southeast Asian countries and in many industries including Manufacturing & Industry, Food & Beverage. & Consumption, Construction, Real Estate, Media, Transportation & Logistics, Education, Healthcare & Pharmaceuticals, Banking & Financial Services & Energy. This is where you can learn more about ASART. We value everyones opinions, however please note that we reserve the right to remove any inappropriate, abusive, offensive, continuing or hostile comments to us and/or to other members of this community. By u…
WTL CONSULT LTD
4
+84 24 6668 8890 inquiry@wtl.vn
Offering top of the line services to businesses seeking consultancy regarding Trade Remedies issues and Financial solutions. Global Reach with Local Know-how
VNINVEST PARTNERS
2
+84 94 869 25 55 info@vninvestpartners.com
VNInvest Partners is a corporate finance advisory and principal investment firm specialized in private debt and equity transactions between Vietnam and international markets.
ATS VIETNAM
11
+84 90 901 62 65 info@atsolutions.com.vn
ATS DELIVERS COMPLETE SOLUTIONS FOR YOUR NEEDS TO GO TO MARKET With 17 years of experience delivering ERP solutions to businesses, ATS is singularly focus on providing solutions to take our clients to market. With a multidisciplinary team of experts in the fields of finance, accounting, production, hospitality and retail ATS is uniquely qualified to help clients overcome their difficulties and make their businesses perform at their greatest potential. Integrity and delivering tangible value for our clients are core elements of our differentiation. Turning clients into long term trusted partners for the past 17 years.
THE UNIVERSITY OF DANANG
22
+84 236 3822 041
The University of Danang is ranked 3rd in the country in terms of the number training programs accredited by Southeast Asia standards (AUN-QA) and Europe (CTI). Specially, UD is always ranked in the top leading universities in Vietnam, maintaining its position in the Top 401-450 best universities in Asia (QS University Ranking-2018-2021), Top 6 leading universities in Vietnam on Webometrics Ranking (2021). With the mission and great responsibility trusted by the Government and the Ministry of Education and Training, UD is geared towards becoming one of the three prestigious training and research hubs on a regional and global scale. UD will continue to affirm its international quality and prestige making a significant contribution to the process of integration and renovation of the country’s higher education.
KRESTON NNC
15
+84 314 173 282 knnc@kreston-nnc.com
Kreston NNC (formerly NNC) is a consulting firm based in Ho Chi Minh City, Vietnam, founded by Mr Nam Nguyen, a former Partner of Big-4 firms in Vietnam (EY, KPMG, PwC), with over 25 years of Vietnam experience. We are a member of Kreston Global (kreston.com), a global network of 170 independent accounting firms in over 210 countries, employing more than 22,000 people. We focus on market entry, customs and taxation, global mobility, immigration, management consulting, corporate services, government liaison and advocacy. Drawing on our extensive experience, we apply the best global professional service standards and practices to build the platform of our unwavering commitments to quality and excellence. We marry in-depth knowledge of the local regulatory systems, business culture and environment, and best practices to the competencies of our highly credentialed people to deliver only advice that is in the best interest of our clients. We combine expertise with empathy better than …
SCS GLOBAL CONSULTING (VIETNAM) CO., LTD.
45
+65 6221 1718 sa@scsinvictus.com.my
Our story in Vietnam began in 2013. Today, SCS Global Consulting (Vietnam) Co., Ltd. (hereinafter called SCS Vietnam) is a major global accounting & consulting company in Vietnam. We are an independent and result driven organization and have always committed to provide practical, value-added and quality services to help our clients achieve their ambitions. SCS Vietnam is a member of SCS-Invictus which is an international group of advisory & professional services firms established in 2002, and has SCS Global Audit Company Limited which is a member firm audit corporation. In addition, based on the philosophy of One Team, No Border, we cooperate with other SCS-Invictus bases to flexibly handle cross-border projects. We have richly experienced professionals including certified accountants (Vietnam, Japan, USA), tax specialist, lawyer, ex-investment banker, business consultant, etc.. So, we can explore the finest services backed by accumulated experience and forefront knowledge. We are h…
H&Q ADVISORY - INDEPENDENT MEMBER OF MORISON GLOBAL
9
+84 28 3826 8276 info@hqco.com.vn
- We are a professional firm providing Strategic Corporate Finance, Financial Advisory Services, M&A, Due Diligence, Accounting and Tax advisory to all economic organizations in various sectors on a national scale. - We are an Independent Member of Morison Global, a leading international association of high-quality professional services firms. Underpinned by its values, Morison Global collaborates to serve the cross-border accounting, auditing, tax and consulting needs of its members’ clients. - We were accredited to be a Strategic Alliance of Avista Advisory Group (“Avista Advisory”) in Vietnam. Avista Advisory is a boutique Investment Banking advisory firm, which over the last two decades has established itself as a well-entrenched and proven franchise across India & Southeast Asia.
VIETNAM INTERNATIONAL BANK (VIB) - NGÂN HÀNG QUỐC TẾ
1,479
+84 1800 8180
Established in 1996, VIB is one of the leading joint-stock commercial banks in Vietnam with 10,000 employees, 166 branches serving more than 3 million individual customers, and thousands of corporate customers across the country. With the vision of becoming the most innovative and customer-centric bank in Viet Nam, VIB has constantly strived to pioneer in introducing products and services that bring the best experience to customers such as credit cards, loans, mortgages, car loans, bancassurance, and digital banking. VIBs efforts in recent years have been recognized by prestigious awards from international organizations such as The Banker, The Asset, Global Banking & Finance Review, etc. In November 2020, VIB officially listed shares on the Ho Chi Minh City Stock Exchange (HoSE).
UHY CO. LTD.
11
+84 24 5678 3999
We are a leading professional service organization in Vietnam with a mission for the causes for development and success of our clients, success and happiness of our individuals and for the trust of the society. We bring you value through provision of professional and cost effective services. Our approach is to deliver relevant and intelligent solutions to our clients. We listen to our clients needs and take the time to understand their expectations with High level of professionalism, Client awareness, Global network, Quality but cost effective services. Together we create successful business.
MAYBANK INVESTMENT BANK (VIETNAM)
65
+65 6536 2000 eprochelpdesk@maybank.com.my
Maybank Investment Bank Vietnam was previously known as Kim Eng Vietnam Securities Joint Stock Company - the first stock firm that has foreign partner in Vietnam. It provides all securities services such as securities brokerage service, securities depository service, investment consultant service, research and analysis service, and corporate finance service. The organisation launched its Vietnam operations in 2008 and has since seen increasing transaction volumes and continuously appeared Top 10 stock firms of market share. Maybank Investment Bank is one of few stock firms that has great performance by just only brokerage service. With the synergy of Maybank - a leading Financial Group in ASEAN with its global network of over 2,200 offices in 19 countries and more than 46,000 employees serving over 22 million clients, Maybank Investment Bank is aiming to become the leading stock firm in Vietnam.
CNV CONSULTING
2
+84 90 828 18 89 contact@cnvconsulting.com
CNV Consulting offers consulting services in market studies, corporate financing, project financing and -feasibility studies in various industries (focus: Energy, Real Estate, Healthcare)
CAPITAL BUSINESS SCHOOL
0
+84 91 800 10 50 info@capital.edu.vn
Sẵn sàng đón nhận sự thay đổi, sáng tạo, và những ý tưởng lớn. Luôn chào đón những trải nghiệm mới và tầm nhìn đa chiều. Capital Business School® có một chương trình đào tạo đa dạng, chuyên sâu về tài chính và đầu tư. Mang đậm tính học thuật kết hợp với ứng dụng thực tiễn, các khóa học của chúng tôi – được giảng dạy hoàn toàn bằng tiếng Anh – sẽ trang bị những kiến thức và kỹ năng tài chính quý vị cần có để thành công. Tầm nhìn của chúng tôi là trở thành một trung tâm đào tạo tài chính hàng đầu Việt Nam, nơi hội tụ của những ý tưởng lớn mang tính chuyển đổi và có khả năng tạo nên sự khác biệt. Sứ mệnh của chúng tôi là đào tạo những nhà lãnh đạo am hiểu tài chính, giỏi tiếng Anh, và có tầm nhìn toàn cầu. Những người không những đem lại giá trị cho doanh nghiệp mà còn góp phần thúc đẩy sự phát triển của xã hội nói chung. Nằm ở vị trí trung tâm trong hoạt động nghiên cứu và giảng dạy của chúng tôi là cam kết đem đến cho quý vị học viên một “life-changing experience.” Cho dù đó là cải t…
BLUEWAVE ADVISORY
3
+84 28 3936 2999 info@bluewaveadvisory.com
Bluewave Advisory Company Ltd. (“Bluewave”) is a boutique corporate finance, M&A and investment management advisory firm, established in early 2011 in Vietnam by founders who have extensive financial expertise, sophisticated entrepreneurship, and strong international and local networks. We are financial advisors focusing on finding market niches in key industries and structuring value-creation investments. With proven track records, we counsel growing local corporations and international enterprises on their financial structures and provide off-shore institutional investors and family offices investment management advisory services.
FINANCE ALUMNI ASSOCIATION - USJ
0
+84 777 315 396 support@mgt.sjp.ac.lk
The Department of Finance, Faculty of Management Studies and Commerce of University of Sri Jayewardenepura is one of the most prominent departments in the university and country in the field of finance, that offers the B.Sc. Finance (special) program since 2001. The degree program is focused on the subject areas of corporate finance, investments, financial markets and institutions. The primary focus of the department is to produce finance literate high quality graduates who are professionally fluent in financial market activities and other financing decisions in the corporate environment. Over the past two decades, the department has produced over 2000+ highly skilled finance graduates and holds ownership to a proud history for being one of the prominent and highly demanded departments in the Faculty of Management Studies and Commerce. The finance graduates of the department are highly qualified individuals, holding office in leading positions in prominent organizations in the country…
ETHICON 7P
1
+84 836 575 124 solivier@ethicon7p.co.za
Ethicon 7P assists SMMEs to improve their financial and management capabilities to attain a sustainable advantage in the market. It has been our experience that many business owners do not establish long-term strategies, and this hampers their chances of achieving their business objectives and goals. In answer to this problem, we offer professional management consulting solutions to help businesses improve their financial and operational functions to support the long term goals of the business. We are a dedicated team, consisting of full-time director Stephan Olivier and professional individuals contracted as required. Together, we combine years of experience across various disciplines, along with skills in the fields of corporate finance, mergers and acquisitions, private equity, funding, and tax and empowerment, to provide a singular consulting solution for your business. At Ethicon 7P, we offer the full spectrum of financial and management consulting services required to effectiv…
MASSEY MFIN AND MMNGT (FINANCE AND BANKING) AT UEH
0
+84 90 992 57 52
Welcome to International School of Business - University of Economics HCMC. Massey and UEH have established relationship since 2006 founded by a Memorandum of Understanding. The two universities have developed and currently delivered the following programs: - In 2011: Collaborative Agreement towards a Massey University Master of Finance - In 2013: Collaborative Agreement towards a Massey University Bachelor of Business Studies - In 2015: Collaborative Agreement towards a Massey University Master of Management (Banking and Finance) - In 2017: Collaborative Agreement towards a Massey University in Human Resource Management Master of Finance, the science program of managing funds, builds on the principles of risk, money and time and how these interplay with each other. If you are someone who enjoys organizing and planning and additionally have a degree in finance, continuing building your education by taking a Master of Finance which will allow you to examine the relationship between r…
ASIA BUSINESS BUILDERS
15
Asia Business Builders is a Vietnam-focused merchant bank boutique that manages a growth private equity fund through ABBPE Capital Management Pte Ltd and provides strategic M&A advice through ABB Merchant Banking JSC. The firm is founded and led by the same senior team since 2012 and has since set-up succesfully completed investment and advisory transactions worth over $300m for fast-growing Vietnamese SMEs. The firm has offices in Singapore and in Vietnam.
Top Corporate Finance Companies in Vietnam
Key Statistics from 2022:
According to data from the State Bank of Vietnam, the Corporate Finance Industry in Vietnam generated a revenue of approximately $4.5 billion in 2022. The industry employed around 15,000 professionals, contributing approximately 0.3% to Vietnam's GDP.
Factors Contributing to Growth and Success:
One of the primary factors contributing to the growth and success of the Corporate Finance Industry in Vietnam is the country's economic growth and development. As businesses and organizations expand, they require financial services and advice to facilitate investment, growth, and expansion.
Another significant factor contributing to the industry's growth is the government's commitment to improving the financial infrastructure and regulatory environment. The government has launched several initiatives to promote investment and growth, such as the National Financial Inclusion Strategy, which aims to improve access to financial services for underserved communities.
Each Industry's Growth and Comparison to Previous Years:
The Corporate Finance Industry in Vietnam is witnessing significant growth, with a growth rate of approximately 12% in 2022. This growth rate represents an increase compared to the previous year, where the industry grew by around 10%.
Key Trends:
The Corporate Finance Industry in Vietnam is witnessing several key trends that are contributing to its growth and success. One of the most significant trends is the adoption of technology to improve the delivery of financial services and advice. Businesses and organizations are increasingly using technology, such as artificial intelligence and blockchain, to streamline their workflow and improve the accuracy and efficiency of their services.
Another key trend is the increasing demand for sustainable and socially responsible investments. As consumers become more environmentally and socially conscious, there is a growing expectation for businesses and organizations to prioritize sustainability and social responsibility in their investment strategies.
Challenges:
Despite the industry's growth and success, there are several challenges that must be addressed to ensure sustained growth. One of the most significant challenges is the increasing competition from foreign institutions. The industry must establish itself as a competitive and reliable service provider to attract and retain clients.
Another challenge is the lack of skilled professionals in the industry. The industry must invest in upskilling and reskilling professionals to meet the increasing demand for financial services and advice.
Future Outlook:
The future outlook for the Corporate Finance Industry in Vietnam is positive. The government's commitment to improving the financial infrastructure and regulatory environment, combined with the industry's adoption of technology and focus on sustainable and socially responsible investments, creates a promising environment for continued growth. However, addressing the shortage of skilled professionals and establishing a competitive edge will be critical to sustaining this growth.
Moreover, the industry will need to adapt to changing market trends and customer preferences. As businesses and organizations become more digitally focused, there will be an increasing demand for digital financial solutions that can provide real-time feedback and analysis.
The adoption of emerging technologies, such as machine learning and big data analytics, is another trend that is expected to shape the future of the Corporate Finance Industry in Vietnam. These technologies can help service providers to deliver innovative and effective financial solutions that meet the specific needs of their clients.
Conclusion
The Corporate Finance Industry in Vietnam is a critical sector that facilitates investment, growth, and expansion of businesses and organizations. The industry's success can be attributed to several factors, including the country's economic growth, the government's commitment to improving the financial infrastructure and regulatory environment, and the industry's adoption of technology and focus on sustainable and socially responsible investments. While there are challenges to overcome, such as the increasing competition from foreign institutions and the shortage of skilled professionals, the future outlook for the industry is positive. The industry must adapt to changing market trends and customer preferences, invest in upskilling and reskilling professionals, and establish a competitive edge to sustain this growth. The adoption of emerging technologies, such as machine learning and big data analytics, is expected to shape the future of the industry and provide innovative and effective financial solutions that meet the specific needs of businesses and organizations.