First Frontier and VPBank Securities (Vietnam) sign cooperation agreement

November 07, 2014 | 16:30
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First Frontier Capital Limited and VPBank Securities Limited have recently entered into a strategic cooperation agreement to promote foreign institutional investment in Vietnam.

The agreement with VPBS is a major step forward in implementing First Frontier’s strategy of providing its clients with access to the fast growing frontier and pre-frontier markets in South East Asia.

“I am delighted to have signed a cooperation agreement with such a highly-regarded firm as VPBS in the very important Vietnamese market. We at First Frontier see a great opportunity in working with VPBS in the future servicing international clients’ well established and growing interest in the Vietnamese market,” said Nicholas Banszky, chairman of First Frontier.

Nguyen Lam Dung, CEO of VPBS said, “Signing this agreement with First Frontier will allow us to bring our research product to the attention of institutional investors in the UK, continental Europe and the US much more effectively. This comes at a very opportune time as we have recently expanded the size of our research team and the breadth of our coverage on the Vietnamese market.”

First Frontier is an independent London-based investment bank focussed on providing institutional investors with a “one-stop-shop” in respect of the Frontier Markets across the globe. They offer both research and execution in frontier and pre-frontier markets.

VPBS, founded in 2006, is a subsidiary of VPBank, Vietnam’s eighth-largest private commercial bank.

As a full service investment banking and brokerage firm, VPBS has won multiple domestic and international awards for its debt capital markets and M&A capabilities.

In addition, VPBS has built one of the largest and most prolific research teams in the country. VPBS provides clients with unbiased, perceptive and practical ideas based on strategic thinking and deep market knowledge.

By By Mai Thuy

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