Leading broker SSI allays concerns over cybersecurity after VNDirect ransomware attack

Leading broker SSI allays concerns over cybersecurity after VNDirect ransomware attack

Information security requires a supervisor who can identify strangers entering the system, said Nguyen Duy Hung, chairman of leading broker SSI Securities in response to inquiries from shareholders following the hacking incident at VNDirect Securities.

Companies - Fri, April 26, 2024 | 10:13 am

Hackers looking to profit from cyberattacks on banking-finance institutions: experts

Hackers looking to profit from cyberattacks on banking-finance institutions: experts

Motivation for cyberattacks have shifted from fame or notoriety, to make money, as exemplified by the recent ransomware attack against leading Vietnamese broker VNDirect Securities, experts said Tuesday.

Economy - Tue, April 9, 2024 | 2:30 pm

Vietnamese broker VNDirect reconnected with stock exchanges after ransomware attack

Vietnamese broker VNDirect reconnected with stock exchanges after ransomware attack

VNDirect Securities JSC has been allowed to resume its connections to the Ho Chi Minh and Hanoi stock exchanges since Monday, one week after enduring a ransomware attack.

Finance - Mon, April 1, 2024 | 10:17 am

Broker VNDirect set to resume operations next Monday after ransomware attack

Broker VNDirect set to resume operations next Monday after ransomware attack

Leading brokerage house VNDirect Securities is completing procedures to get re-connected to the Ho Chi Minh and Hanoi stock exchanges (HoSE and HNX) with a plan to resume operations next Monday after a ransomware attack forced its suspension.

Finance - Fri, March 29, 2024 | 1:42 pm

Vietnam securities firms urged to strengthen cybersecurity after VNDirect hack

Vietnam securities firms urged to strengthen cybersecurity after VNDirect hack

The State Securities Commission (SSC), Vietnam’s stock market watchdog, has instructed securities companies to enhance cybersecurity following a ransomware attack on VNDirect Securities that left the leading broker unable to restore its trading system.

Finance - Tue, March 26, 2024 | 10:19 am

Vietnam securities stocks nosedive as cyberattack hits leading broker

Vietnam securities stocks nosedive as cyberattack hits leading broker

Vietnamese securities stocks dropped sharply Monday afternoon after leading brokerage house VNDirect Securities said it had not been able to recover from a cyberattack that paralyzed its electronic platforms.

Finance - Mon, March 25, 2024 | 4:34 pm

VN-Index to reach 1,200-1,220 points in February: broker

VN-Index to reach 1,200-1,220 points in February: broker

Increasing domestic capital flow is likely to push Vietnam’s benchmark VN-Index towards the resistance territory of 1,200-1,220 points in February, according to VNDirect Securities.

Finance - Sun, February 11, 2024 | 8:09 am

Vietnam’s listed firms post over 30% rise in net profit in Q4/2023

Vietnam’s listed firms post over 30% rise in net profit in Q4/2023

Rebounding business activities and the previous year's low base helped the total net profit of Vietnam’s listed companies in the fourth quarter of 2023 increase by more than 30% year-on-year, according to leading broker VNDirect Securities.

Finance - Sat, February 10, 2024 | 5:51 pm

Vietnam has large fiscal stimulus space to boost growth: broker

Vietnam has large fiscal stimulus space to boost growth: broker

Vietnam has plenty of fiscal stimulus room to further beef up its economic growth, which is expected at 6.3% this year, up from 5.05% in 2023, VNDirect Securities says in a recent report.

A year in review and 2024 forecasts - Mon, January 22, 2024 | 10:18 pm

Vietnam stock market reaches 'fairly attractive' valuation territory: analyst

Vietnam stock market reaches 'fairly attractive' valuation territory: analyst

As interest rates bottom out and profits among listed companies start to make a recovery, buying and holding stocks for long-term investment is a worthwhile choice, said Dinh Quang Hinh, director of market strategy at VNDirect Securities Corporation’s analysis department.

Finance - Sun, October 22, 2023 | 2:00 pm

Gas to be key source of power in Vietnam: securities broker

Gas to be key source of power in Vietnam: securities broker

The freshly approved Power Development Plan VIII (PDP VIII) is expected to open a new chapter for Vietnam's electricity industry, with gas to become a key source of power in 2021-2030, said VNDirect Securities.

Energy - Sun, May 28, 2023 | 10:38 am

VNDirect Securities appoints first new chairman in 17 years

VNDirect Securities appoints first new chairman in 17 years

VNDirect Securities Corporation has appointed a new chairman after former chairwoman Pham Minh Huong became the firm’s CEO and legal representative.

Companies - Thu, April 27, 2023 | 6:05 pm

Renewable energy projects face policy woes: securities broker

Renewable energy projects face policy woes: securities broker

Renewable energy projects in Vietnam that missed the government's preferential feed-in-tariffs (FiTs) scheme will not enjoy profitability under the new price frame set by the Ministry of Industry and Trade, VNDirect Securities said in a recent report.

Energy - Tue, April 18, 2023 | 7:00 am

Vietnam’s industrial real estate sector faces tough times in 2023-2024

Vietnam’s industrial real estate sector faces tough times in 2023-2024

Vietnam’s industrial real estate sector is likely to face challenges when new supplies fall due to due to delayed approval processes, said leading Vietnamese broker VNDirect Securities.

Industrial real estate - Mon, April 10, 2023 | 11:31 am