On July 3, 2025, Vietcap Securities Joint Stock Company (VCI) received a decision from the Large Enterprise Tax Department imposing a tax and administrative fine totaling over 5.4 billion VND for the years 2023 and 2024. Vietcap has promptly settled this amount. In Q1 2025, Vietcap reported a revenue of 851 billion VND, a 5.5% increase year-on-year, with proprietary trading contributing 353 billion VND. Pre-tax profit reached 355 billion VND, up 56% from the previous year. The firm aims for a total revenue of 4.325 trillion VND and a pre-tax profit of 1.420 trillion VND for 2025, reflecting increases of 15% and 30%, respectively. However, total assets decreased to 23.728 trillion VND, with loans accounting for 10.095 trillion VND. Recently, Vietcap faced a suspension of securities custody due to regulatory violations in June 2025.
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