Local expertise with global reach

Maybank Kim Eng Vietnam is a member of the award-winning Maybank Kim Eng Group, one of the most prominent investment banks in ASEAN. Deeply entrenched in markets it is present in, Maybank Kim Eng has been supporting the growth of ASEAN corporates for over 40 years and is one of the largest equities franchises in the region. Having people on the ground in ten ASEAN markets gives it unparalleled knowledge and access to local insights.

With the group’s synergy, Maybank Kim Eng Vietnam can tap into a broad network to link local clients with ASEAN opportunities and at the same time introduce Vietnam’s stock market to foreign investors, which in turn will help attract foreign indirect investment to the country.

On October 19, 2018, Maybank Kim Eng cooperated with the SSC to organize “The Hanoi Dialogue” to gather feedback from foreign investors on the draft of the 2018 Revised Securities Law. The dialogue had the direct participation of Mr. Tran Van Dung, Chairman of the SSC, and senior representatives from the Asian Traders Forum (ATF), whose members are among the world’s largest investment funds. Mr. Dung expressed his appreciation of Maybank Kim Eng acting as a bridge between the regulator and stakeholders and contributing to the development of the country’s stock market and regional and global integration.

Prior to that, on March 7, 2018, Maybank Kim Eng cooperated with VinaCapital to host the “Corporate Day” in London, to showcase several of Vietnam’s most dynamic companies, such as Coteccons, FPT Retail, HDBank, Phu Nhuan Jewelry, Eximbank, and Vietjet Aviation to about 100 institutional investors in London.

Deep local insight with regional perspective

Maybank Kim Eng Vietnam is backed by a strong research team that covers the top 70 companies on HSX and HNX, representing around 85 per cent of market cap. The research team was voted Best Research Coverage in Vietnam for the Industrials Sector in the Asiamoney Brokers’ Poll 2016 and Best Team for Small Caps and Best Team for the Automobile and Components Sector in the Asiamoney Brokers’ Poll 2017.

Regionally, Maybank Kim Eng Group’s on-the-ground research team provides thematic, in-depth country analysis and bottom-up reports on 500 publicly-listed corporates across eight countries: Malaysia, Singapore, Thailand, Indonesia, the Philippines, Vietnam, Hong Kong/China, and India. The award-winning research team was voted among the Top 10 for Regional Research by global fund managers in the Asiamoney Brokers’ Poll 2017.

Strong commitment to Vietnam

On April 17, 2018, Maybank Kim Eng added $10 million (VND227 billion) to its charter capital, increasing it from VND829.11 billion to VND1,056 billion. The level of charter capital is in line with Maybank Kim Eng Group’s business strategy and clearly demonstrates the firm’s long-term commitment in Vietnam. According to Dato’ John Chong, former CEO of Maybank Kim Eng Group: “Vietnam is one of the fastest-growing economies in the region and a key component of Maybank Kim Eng’s ASEAN strategy. Being the first 100 per cent foreign-owned securities company in Vietnam, we are deeply invested here. We strongly believe in the potential of the country’s economy and want to ensure that its capital markets continue to grow.”

Mr. Kim Thien Quang, CEO of Maybank Kim Eng Vietnam, said: “Since we started our operations in Vietnam in December 2007 with charter capital of only VND200 billion, we have increased our capital by more than 400 per cent. This additional capital will give us a strong foundation to enhance our competitiveness and increase our product offerings.”

To maintain its leading position, Maybank Kim Eng Vietnam will continue to focus on strengthening its retail brokerage, particularly online brokerage. Currently, 86 per cent of its brokerage transactions are via online trading and the company’s target is to grow it to 90 per cent.

“We are also looking to grow our institutional brokerage by tapping into the Group’s regional footprint and strong presence within ASEAN,” Mr. Quang affirmed. “As the gateway to ASEAN, we will continue to give Vietnamese corporates access to global investors and bring global investors to Vietnam.”

Leveraging the Group’s deep investment banking and advisory expertise, Maybank Kim Eng Vietnam has also been steadily building up its local investment banking team to support the rise in funding activities in Vietnam. The firm’s work on Vinhomes’ $1,35 trillion Initial Equity Offering was named Best IPO, Vietnam, at The Asset Triple A Country Awards 2018 and Frontier Markets Equity Issue of the Year at the IFR Asia Awards 2018.

Maybank Kim Eng Vietnam’s professionalism and quality of services have received strong recognition and endorsement by the industry. The firm has won many prestigious awards, such as Vietnam Economic Times’ Golden Dragon Award (2011 to 2018) and was named Best Retail Broker by Alpha Southeast Asia from 2011 to 2015. In 2016, it was named Best Brokerage by The Asset Triple A Country Awards (Southeast Asia). Regionally, it was named Best Broker in Southeast Asia (2014, 2015, 2017 and 2018) and Broker of the Decade in Southeast Asia by Alpha Southeast Asia.