Vietnam top stocks: Consumer, agriculture, export

Mr.Nguyen Duy Hung
Nguyen Duy Hung, chairman and CEO of Saigon Securities

Saigon Securities, or SSI, is Vietnam’s  largest brokerage firm and listed on the Ho Chi Minh City Stock Exchange, offering corporate finance advisory and capital raising services, mergers and acquisitions advice, equity research, sales and trading services. Inside investor asked Chairman and CEO Nguyen Duy Hung for a quick update on the Vietnam market and SSI’s best picks.

Q: Could you give an outline of the competitive environment for asset management, investment and security broker firms in Vietnam?

A: The economic environment will continue to be tough in 2013. Companies will still have tough time weathering the economic condition. But I believe this is the time to invest in well run companies in growth sectors at cheap valuation.

Q: Who are your main customers?

A: We cater our services to both institutional and individual clients.

Q: What are the best blue chips at the Hanoi and HCM stock exchanges in your view?

A: We like sectors that benefit from the nation’s growth such as consumer, agriculture and  exports.

Q: Who are your main global partners in the financial services sector?

A: We work with almost all global bankers, but, however, Australia and New Zealand Banking Group, or ANZ, and Daiwa Securities from Tokyo are our strategic investors. We also work with HSBC, Deutsche Bank, Credit Suisse, Citibank and JP Morgan.

Q: What are the most popular investment funds you are offering?

A: We offer investment in companies that offer a high dividend yield and sustainable earnings growth, as well as funds that invest in agriculture and consumer products.

Q: In which main assets is Saigon Securities invested, in Vietnam and abroad?

A: Our main assets are in agriculture, consumer, logistic and  export.

Q: What are your services for corporations and institutional investors?

A: In a nutshell: We help connecting capital to opportunities.

Q: How would you assess the current situation with spiraling bad loans in the banking sector impacting Vietnam as an investment destination?

A: The banking sector is going through restructuring, which we believe will bring more investment opportunities.

Q: How would you recommend leveraging against inflation spikes when investing in Vietnam?

A: By buying stocks at cheap value and stocks that offer high dividend yield.

Q: What are your predictions for the VN-Index [the ho Chi Minh Stock Index] in 2013?

A: I believe it will reach 500 throughout the year [the VN index stood at 468.09 as of end of trading on January 25].



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[caption id="attachment_6635" align="alignleft" width="300"] Nguyen Duy Hung, chairman and CEO of Saigon Securities[/caption] Saigon Securities, or SSI, is Vietnam's  largest brokerage firm and listed on the Ho Chi Minh City Stock Exchange, offering corporate finance advisory and capital raising services, mergers and acquisitions advice, equity research, sales and trading services. Inside investor asked Chairman and CEO Nguyen Duy Hung for a quick update on the Vietnam market and SSI's best picks. Q: Could you give an outline of the competitive environment for asset management, investment and security broker firms in Vietnam? A: The economic environment will continue to be tough...

Mr.Nguyen Duy Hung
Nguyen Duy Hung, chairman and CEO of Saigon Securities

Saigon Securities, or SSI, is Vietnam’s  largest brokerage firm and listed on the Ho Chi Minh City Stock Exchange, offering corporate finance advisory and capital raising services, mergers and acquisitions advice, equity research, sales and trading services. Inside investor asked Chairman and CEO Nguyen Duy Hung for a quick update on the Vietnam market and SSI’s best picks.

Q: Could you give an outline of the competitive environment for asset management, investment and security broker firms in Vietnam?

A: The economic environment will continue to be tough in 2013. Companies will still have tough time weathering the economic condition. But I believe this is the time to invest in well run companies in growth sectors at cheap valuation.

Q: Who are your main customers?

A: We cater our services to both institutional and individual clients.

Q: What are the best blue chips at the Hanoi and HCM stock exchanges in your view?

A: We like sectors that benefit from the nation’s growth such as consumer, agriculture and  exports.

Q: Who are your main global partners in the financial services sector?

A: We work with almost all global bankers, but, however, Australia and New Zealand Banking Group, or ANZ, and Daiwa Securities from Tokyo are our strategic investors. We also work with HSBC, Deutsche Bank, Credit Suisse, Citibank and JP Morgan.

Q: What are the most popular investment funds you are offering?

A: We offer investment in companies that offer a high dividend yield and sustainable earnings growth, as well as funds that invest in agriculture and consumer products.

Q: In which main assets is Saigon Securities invested, in Vietnam and abroad?

A: Our main assets are in agriculture, consumer, logistic and  export.

Q: What are your services for corporations and institutional investors?

A: In a nutshell: We help connecting capital to opportunities.

Q: How would you assess the current situation with spiraling bad loans in the banking sector impacting Vietnam as an investment destination?

A: The banking sector is going through restructuring, which we believe will bring more investment opportunities.

Q: How would you recommend leveraging against inflation spikes when investing in Vietnam?

A: By buying stocks at cheap value and stocks that offer high dividend yield.

Q: What are your predictions for the VN-Index [the ho Chi Minh Stock Index] in 2013?

A: I believe it will reach 500 throughout the year [the VN index stood at 468.09 as of end of trading on January 25].



Support ASEAN news

Investvine has been a consistent voice in ASEAN news for more than a decade. From breaking news to exclusive interviews with key ASEAN leaders, we have brought you factual and engaging reports – the stories that matter, free of charge.

Like many news organisations, we are striving to survive in an age of reduced advertising and biased journalism. Our mission is to rise above today’s challenges and chart tomorrow’s world with clear, dependable reporting.

Support us now with a donation of your choosing. Your contribution will help us shine a light on important ASEAN stories, reach more people and lift the manifold voices of this dynamic, influential region.

 

 

3 COMMENTS

  1. Dear Ahmad,
    please contact the Vietnam Trade Promotion Agency to get in contact with prospective import partners:

    VIETNAM TRADE PROMOTION AGENCY (VIETRADE) – MINISTRY OF INDUSTRY AND TRADE
    Head office: 20 Ly Thuong Kiet St., Ba Dinh Dist., Hanoi.
    Tel : (84) (4) 39347628
    Fax: (84) (4) 39348142/39344260
    Email: vietrade@vietrade.gov.vn
    http://www.vietrade.gov.vn/en/

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