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On April 23, 2026, HD Securities Joint Stock Company (HDS) held its 2026 Annual General Meeting of Shareholders, approving items related to development strategy, strengthening financial capacity, and reorganizing senior leadership.
At the meeting, HDS approved a plan to issue 164 million shares to the public through an initial public offering (IPO). After the issuance, the company’s charter capital is expected to exceed VND 12,600 billion.
HDS previously received approval in November 2025 to increase charter capital from VND 1,461 billion to over VND 10,960 billion. The increase was officially approved by the State Securities Commission in April 2026. The company said it is accelerating IPO procedures, with expected completion in May 2026.
HDS said the substantial increase in charter capital and the IPO rollout are intended to strengthen its financial foundation, improve competitiveness, and expand operations—particularly in capital markets, investment banking (IB), brokerage, and asset management.
The company also stated that the capital plan is a prerequisite to accelerate digital transformation, develop financial technology platforms (WealthTech), and pursue its goal of becoming a leading securities company in service quality and operating efficiency.
The meeting approved changes to senior management. Mr. Vu Huu Dien officially assumed the position of Chairman of the Board of HD Securities JSC. Previously, on April 10, he was appointed Senior Advisor to Sovico Group.
HDS described Mr. Vu Huu Dien (born 1972) as a seasoned financial and securities expert in Vietnam. Before joining HDS, he served as Chairman of the Board and CEO of VPBank Securities (VPBankS) and previously worked for many years at Dragon Capital.
At Dragon Capital, he joined in 2000 and held roles including Investment Director of VEIL Fund (the largest fund in Vietnam with an NAV around US$2 billion listed on the London Stock Exchange), Head of Deal Origination, and a member of the Executive Committee (EXCO).
During his tenure at VPBankS, HDS said he led rapid growth in scale, helping place VPBankS among Vietnam’s Top 5 securities firms, and contributed to core business pillars for sustainable development. HDS also noted that he led the successful VPBankS IPO and its listing on HOSE, mobilizing nearly US$500 million in capital in a record-short period.
HDS said the appointment is expected to provide new growth momentum, particularly in governance, strengthening ties with institutional investors, and promoting capital-market activities aligned with international standards.
Alongside the strengthened strategy and financial capacity, HDS said it continues to accelerate technology investment to support digital transformation across activities and customer experience.
HDS said HD Invest is the core of its digital transformation strategy. The app is designed as a centralized asset management platform, enabling investors to open accounts, track markets, trade, and manage portfolios through a unified experience on both mobile and web platforms.
HDS highlighted that HD Invest supports eKYC account opening in 3 minutes, with ID verification via NFC technology to shorten the time required to participate in the market. The company said the interface is designed to be modern and intuitive for new investors.
According to HDS representatives, the platform is built to optimize performance, increase system stability, and improve the trading experience compared with previous platforms. HDS CEO Nguyen Ha Quynh said: “HD Invest aims to help investors access the market more simply, more transparently, and more efficiently, while building a foundation to develop smart investment services in the future.”
Upon launching the application, HDS is running a lucky-draw program for HD Invest users with prizes including iPhone 17 Pro Max, AirPods, SkyPoint points, and direct cash rewards into stock accounts.
HDS also said it is implementing a SkyPoint-earning program for stock, bond, and margin trades, allowing users to accumulate and redeem benefits across the service ecosystem such as travel, shopping, entertainment, and dining.
In addition, HDS said it is applying the H9 product package with a 9% margin interest rate for new customers. Further details are available at https://hdbs.vn/.
HDS said that with a strengthened financial foundation, a clear strategy, and an experienced leadership team, it aims to accelerate growth, expand market share, and establish itself as an institutional-grade financial institution operating on a technology platform and advanced risk management.
HDS also reiterated that it operates in the securities and investment banking sectors, with a focus on modern technology and customer-centric philosophy. The company said its next development phase is to become one of the leading financial institutions in Vietnam’s stock market and contribute to transparent and sustainable market development.
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