Shinhan Securities Vietnam launches new branch in Hanoi

This is SSV’s first branch in Hanoi and the northern region after several years of penetrating into the Vietnamese market and expanding its securities investment activities for individual customers. Along with focusing on building a professional workforce and developing a network of individual customers, the new branch in Hanoi will serve as an important basis for SSV to increase its market share and scale up its business following a milestone of more than 40,000 new account openings in the first six months of 2022.

Over the past few years, the stock market has maintained its position as the most important capital mobilization channel for both the government and businesses. The stock market is also becoming an attractive investment alternative for individual investors when banks maintain low interest rates and many other investment channels face challenges due to the pandemic and potential unforeseen risks.

In fact, in the first two quarters of 2022, the stock market experienced increasing pressure as investors were worried about some objective issues. However, the early year’s data shows that the market is expected to be back to an upward trend and post positive results in the second half of the year. Besides the government’s practical policies to support the market, Vietnam's economic recovery is growing at a positive rate, making an important contribution to promoting the development of the local stock market.

At the launching event of the new branch, Mr. Han Bok Hee – General Director of Shinhan Securities Vietnam, said: "SSV, a subsidiary of Shinhan Financial Group, was established in 2017 as the first as the first 100% foreign owned financial company in Vietnam. Since its official foray into Vietnam’s stock market in 2017, along with the whole ecosystem of Shinhan Group, SSV always prioritizes the most important goal as a ‘Navigator’ for successful investments that add value to investors and create a better future."

"The launch of the new branch is part of SSV’s long-term strategy to approach, introduce, and better serve investors in Hanoi in specific and the northern region, in general. The move follows the enormous success of SSV’s first branch in Ho Chi Minh City. I personally believe that SSV will continue to gain trust from investors by offering products and services with outstanding features for customers, as well as a new technology-based securities trading system. SSV will also act as a companion to support customers' investment journey more effectively, which helps them to reduce the time it takes to achieve their financial goals," he added.

In past time, SSV has been highly lauded by its clients and partners for being a reliable companion with extensive experience in international markets of Shinhan Financial Group (SFG), which is now listed both on the Korea Exchange (KRX) and the New York Stock Exchange (NYSE).

At the same time, SSV’s investors can feel completely secure when using the new generation securities trading system. This trading system is deployed on many platforms such as mobile app (MTS), web trading (WTS) and home trading (HTS) with many new and outstanding features, offering customers a positive, safe, secure, and high-speed experience.

In addition to a comprehensive product system, SSV is even more attractive due to its transaction fees starting at only 0.15% and the extremely competitive margin interest rates (from 9.5%). In particular, SSV also proves its ability to serve a wide range of long-term customers thanks to an abundant capital of up to VND2 trillion ($85.62 million).

SSV's staffs are professionally and methodically trained to best serve customers.

The new branch of SSV is located in the heart of Hanoi with a modern and classy design, allowing customers to experience international standard services.

On the occasion of the launch of the Hanoi branch, Shinhan Securities Vietnam offers customers many valuable gifts with attractive interest and fee incentives. From July 13 to July 27, 2022, customers who open an account and make transactions at the branch will receive 1 of 4 gifts (thermos bottle, helmet, umbrella, or raincoat).