Hanoi, September 15, 2026 — VPS Securities Joint Stock Company (HOSE: VCK) was named the top contributor to the State budget among securities companies in Vietnam, and also ranked among the Top 23 private enterprises with the largest budget contributions nationwide, at the Vietnam Largest Taxpayers 2026 (VNTAX 2026) awards ceremony organized by CafeF.
This marks the third consecutive year VPS has held the top position among securities firms in budget contributions. In fiscal year 2025 alone, the company contributed VND 2,848 billion to the State budget, accounting for nearly 20% of total contributions from the industry's Top 15 companies.
Mr. Nguyen Tuan Anh, Chief Financial Officer of VPS Securities Joint Stock Company, receiving the award from the organizing committee
According to the VNTAX 2026 rankings compiled by CafeF, VPS also placed among the Top 15 securities companies with the largest budget contributions in Vietnam and the Top 10 private securities companies with the highest tax payments nationwide. The result builds on the company's sustained leadership in stock brokerage market share.
This is more than an impressive figure. It stands as clear evidence of a company that is sustainable, responsible, and consistently committed to the prosperity of the national economy.
VPS topped both the Top 15 securities companies by budget contribution and the Top 10 private securities companies by tax payment rankings. Source: CafeF
VPS's continued leadership over three consecutive years is not the result of chance, but the outcome of a well-structured growth strategy, a long-term vision, and superior execution capability.
From the No.1 Brokerage Market Share to Product Development Capacity
VPS maintained its No.1 position in stock brokerage market share on the Ho Chi Minh Stock Exchange (HOSE) in the second quarter of 2026, with a market share of 12.61%. This marked the company's 22nd consecutive quarter at the top of the rankings. Beyond HOSE, VPS also held the leading position on the Hanoi Stock Exchange (HNX), UPCoM, and the derivatives market during the period. The scale of its brokerage operations continues to serve as a foundation for expanding its customer base and developing new investment services.
In August 2026, VPS officially launched VPS Smart Indexing, introducing the Direct Indexing model to Vietnamese investors. Under this product, investors directly own the individual stocks within their portfolio, while portfolio construction, monitoring, and rebalancing are supported by a team of experts alongside algorithmic technology. Rolling out the product required close coordination across investment research, trading operations, and large-scale portfolio management.
From a financial perspective, the 2025 budget contribution reflects a year of strong growth for VPS. Operating revenue reached VND 8,261 billion, up 27.7% year-on-year, while pre-tax profit reached VND 4,471 billion, up 41.8%. Brokerage and margin lending remained the company's two core revenue drivers, together accounting for more than 76% of total revenue.
This growth momentum continued into the first half of 2026. VPS recorded VND 4,873 billion in operating revenue, VND 2,925 billion in pre-tax profit, and VND 2,339 billion in after-tax profit, marking the highest semi-annual profit in the company's operating history. These figures reflect the company's ability to sustain business efficiency even as the scale of its operations continues to expand.
On technology and governance, VPS maintains a trading infrastructure capable of processing high order volumes while operating with strong stability. The company holds ISO/IEC 27001:2022 certification for information security management, and its performance has been recognized over the years with prestigious awards from international financial publications including The Asset and Global Banking & Finance Review. As customer numbers and trading volumes grow, operational resilience and information security remain essential conditions for maintaining service quality.
A representative of VPS's leadership commented: "Our leadership in State budget contributions for three consecutive years reflects VPS's business performance and the trust placed in us by our customers, shareholders, and partners. We also recognize the contributions of our employees in sustaining the company's operations. Going forward, VPS will focus on enhancing product and service quality and customer service capabilities, expanding our business on the basis of prudent risk management, and continuing to invest in technology and new capabilities to build a foundation for long-term growth."
Continued Investment in Long-Term Service Capacity
Entering its next phase of growth, VPS is focused on converting its advantages in customer scale and market share into the capacity to deliver a broader range of investment services. Alongside brokerage and margin lending, products such as VPS Smart Indexing open up an additional way for customers seeking portfolio-based investing and long-term wealth accumulation to access the market.
Sustaining business performance while investing in technology and risk management also provides the foundation for VPS to continue growing its operations, creating value for customers and shareholders, and contributing to the State budget in the years ahead.
