Maybank Investment Bank opens new Hanoi branch

This move underscores Maybank Investment Bank Vietnam's commitment to enhancing accessibility and service excellence for its clients in Vietnam's vibrant financial market.

Maybank Investment Bank Vietnam is also thrilled to introduce its latest mobile application, ‘Maybank Trade VN’, aimed at revolutionising the trading and investment experience for its clients.

The grand opening was attended by Dato’ Tan Yang Thai, Ambassador of Malaysia to Vietnam; Luong Hai Sinh, chairman of Vietnam Stock Exchange; and Nguyen Anh Phong, general director of Hanoi Stock Exchange.

Also in attendance were leaders from Maybank Group, Maybank Investment Banking Group, and Maybank Investment Bank Vietnam, including Dato’ Khairussaleh Ramli, president and group CEO of Maybank Group; Michael Oh-Lau, CEO of Maybank Investment Banking Group, and Kim Thien Quang, CEO of Maybank Investment Bank Vietnam, among others.

"Hanoi remains a pivotal market for us," said Quang. "This location in the Coalimex building reinforces our commitment to providing convenient and superior financial services to our valued clients."

Maybank Group chief Khairussaleh emphasised Maybank’s firm belief in the long-term economic prospects of Vietnam and the bright prospects of its capital markets.

"With GDP growth forecast of 6-7 per cent over the next three years, a young median age of 32 and growing affluence, Vietnam is poised to emerge as a powerhouse in ASEAN. This is an important market for us, and we are committed to the long-term development of our operations here," said Khairussaleh.

"Today’s momentous occasion is a demonstration of this commitment as well as our firm belief that the long-term economic prospects of Vietnam," he added.

As the first foreign-owned securities company licensed in Vietnam in December 2007, Maybank Investment Bank has experienced remarkable growth, bolstering its capital from $8.3 million to more than $91.6 million, an 11-fold increase, supported by Maybank Group's unwavering backing.

Meanwhile, the launch of Maybank Trade VN exemplifies Maybank's commitment to digital innovation and client-centric solutions.

Maybank Trade VN is an advanced mobile application designed to empower clients with comprehensive tools for navigating financial markets confidently.

"This is a significant step in our transformation journey as a top investment bank. We would like to thank our clients for their continued support, and we remain committed to being a trusted partner for all their investment management needs," said Quang.

Maybank Investment Bank is part of Maybank Investment Banking Group (Maybank IBG), the investment banking arm of Maybank, Southeast Asia’s fourth-largest banking group by assets.

Maybank IBG is one of ASEAN’s top home-grown investment banking groups with capabilities in investment banking, advisory services, retail and institutional securities, research, derivatives and prime broking.

The group has fully fledged operations and research teams in six ASEAN markets - Malaysia, Singapore, Thailand, Indonesia, the Philippines, and Vietnam - and is also present in Hong Kong, India, the UK, and the US.

Maybank IBG has won over 1,000 awards since its formation for retail and institutional brokerage, research, investment banking, custodian services, sustainability-linked transactions, and Islamic financing.

Hanoi sets new investment, trade and tourism promotion plans for 2024 With achievements made in 2023, Hanoi has set its tasks and plans for investment, trade and tourism promotion for 2024 to increase its effectiveness.

Hanoi ranks first for foreign investment registered in 2024 so far Hanoi attracted a total of $914.4 million in foreign investment during the first two months of 2024, including 27 newly-licensed projects with $869.8 million, 17 projects receiving additional investment of $9.1 million, and 21 instances of foreign investors contributing capital or purchasing shares, totalling $35.45 million.

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