Saigon-Hanoi Securities receives certificate of merit from Hanoi chairman

Saigon-Hanoi Securities JSC (SHS) has been honored with a certificate of merit from Hanoi's Chairman for its outstanding achievements in connecting small and medium-sized enterprises (SMEs) in Hanoi, contributing to the capital’s socio-economic development.

The certificate was granted to the firm at a ceremony honoring Thang Long (ancient name of Hanoi) entrepreneurs and enterprises in 2024 last Friday.

As one of the most reputable and leading securities firms in Vietnam, SHS boasts over 17 years of experience and a robust capital base. The broker consistently plays a key role in the socio-economic progress of Hanoi and the nation as a whole.

With a team of seasoned professionals in investment banking, a commitment to high-quality consultancy, and a diverse multi-sector ecosystem, SHS is a trusted partner for businesses seeking capital restructuring and comprehensive financial solutions.

In 2024, SHS further strengthened its position by signing a cooperation agreement with the Hanoi Association of Small and Medium Enterprises, aiming to provide long-term consultancy and support to local businesses.

The company was also honored with the prestigious “Top 10 Best Corporate Governance Enterprises in the Large-Cap Group” award at the 17th Vietnam Listed Company Awards (VLCA).

The 2024 voting focused on evaluating corporate governance in a way that encourages Vietnamese listed companies to move beyond just complying with legal regulations to adopting advanced and standardized governance practices.

SHS's achievement in meeting these strict criteria is a testament to its efforts in enhancing professionalism and efficiency in corporate governance.

SHS was also recognized by the Hanoi Stock Exchange (HNX) as one of the Top 10 Listed Companies with Best Corporate Governance for 2023-2024.

Additionally, 2024 marked a significant year for SHS as the company won a double awards: Best Workplace in Asia and Most Caring Company by HR Asia. It also won the Brokerage Award of the Year at the Vietnam Wealth Advisors Summit 2024.

Beyond its business growth objectives, SHS also places great importance on its social responsibility. Through the Vietnam Fatherland Front Central Committee, SHS, T&T Group, Saigon-Hanoi Banks, and other enterprises in the ecosystem donated VND20 billion ($785.856) to help localities quickly recover from the aftermath of storms and floods, stabilizing the lives of affected people.

Repositioning brand with a vision to become leading financial investment group

In the first nine months of 2024, SHS recorded total operating revenue of VND1.44 trillion ($56.6 million), with pre-tax profit reaching nearly VND953 billion ($37.45 million), double that of the same period in 2023, completing 78% and 92% of its respective revenue and profit targets.

With these positive results, SHS is expected to be among the securities firms with a trillion VND-profit in 2024 (VND1 trillion = $39.3 million).

SHS plans to raise its charter capital to VND17 trillion ($668 million) to strengthen its financial resources, complete its product ecosystem, and invest in technology to better serve the diverse needs of its clients, gradually realizing its strategy of becoming a financial investment group.

On the occasion of its 17th anniversary, SHS recently unveiled its new brand identity and positioning. With the mission of “Creating Prosperous Finance”, the company is committed to implementing breakthrough initiatives and innovations to deliver true financial value to its clients and partners.

SHS is actively contributing to the economic development of Hanoi, working together to build a prosperous community and elevate Vietnam to new heights on the international financial map.

SHS shares, listed on the Hanoi Stock Exchange as SHS, closed Monday at VND13,000 ($0.51) per share.