This is the first year the program was launched by VietnamBiz, aiming to evaluate the quality and efficiency of retail services offered by securities firms operating in Vietnam. Over the course of a year, with contributions from reputable experts, VIS Rating (Vietnam Investment Credit Rating JSC) and WiGroup (Economic & Financial Data JSC), the project surveyed more than 70 securities companies and ranked 35 leading firms (representing 96% of brokerage market share) to identify the top performers.

The final Top 10 Best Retail Brokers 2025 included: DNSE, TCBS, MBS, Mirae Asset (Vietnam), Pinetree, Rong Viet, SSI, VnDirect, VPBankS, and VPS.

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Ms. Nguyễn Ngọc Linh, CEO of DNSE (center), receiving the award for Top 10 Securities Companies with the Best Retail Services in Vietnam.

Speaking at the awards ceremony, Ms. Nguyễn Ngọc Linh shared that DNSE has chosen a distinctive path - focusing on technology application to serve customers. Compared to the traditional brokerage model, this approach allows DNSE to be more proactive, faster, and more transparent, though it does come with certain limitations in maintaining personal connection and understanding each investor individually.

“Therefore, DNSE always prioritizes listening to customers and continuously improving so that technology truly serves people. This award is a motivation for us to keep enhancing our services and stay committed to our customer-centric orientation,” Ms. Linh emphasized.

According to the Ranking Council, the evaluation framework places innovation capability of securities firms at the forefront, based on factors such as eKYC, e-contracts, conditional orders, statements, deposits/withdrawals, platform integration, model portfolios, trading fees, margin interest rates, effective technology adoption, investor support, market education, knowledge sharing, and data provision.

DNSE achieved a high ranking for its exceptional performance across nine core criteria, leading the industry in technology adoption to optimize the experience of retail investors - the central focus of this ranking.

Specifically, DNSE is one of the first companies in Vietnam to offer 100% online eKYC account opening, allowing investors to register within minutes, while also implementing a lifetime free-trading policy. These two factors enabled DNSE to secure perfect scores in the categories of service accessibility and trading costs.

In parallel, DNSE continues to enhance its trading support features and is a pioneer in applying artificial intelligence to investing. The Margin Deal system - DNSE’s deal-based margin management solution, has been a breakthrough product, enabling investors to manage portfolios transparently, access competitive loan packages, customize margin packages based on personal needs, and, importantly, avoid forced selling of high-quality stocks in their portfolios.

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Margin Deal is one of DNSE’s standout products, helping investors manage risk effectively.

In terms of AI features, DNSE also leads the market with AI Orders and the virtual assistant Ensa. AI Orders automatically split trades to optimize execution prices and reduce market impact, while Ensa can analyze corporate data, aggregate indicators, and suggest investment strategies tailored to each investor’s risk profile.

In addition, DNSE offers Senses, a feature that delivers real-time stock information and data; a curated Trading Ideas portfolio; and various automated tools for derivatives trading - all highly rated for effectiveness and convenience.

To expand its reach to retail investors and promote financial inclusion, DNSE has implemented an “open ecosystem” strategy, integrating with reputable partners with large user bases such as Zalopay, TradingView, and multiple banks. As a result, platform connectivity is one of the criteria where DNSE received the highest score from the Ranking Council.

Beyond technology, DNSE also invests heavily in financial education and knowledge sharing. Through its creative content ecosystem, including the Bò và Gấu fanpage, Vietnam’s largest entertainment-focused stock market community, and several satellite channels - DNSE has been a pioneer in bringing investment knowledge closer to young audiences. These efforts place DNSE at the forefront of the ranking’s criteria on investor education and trading support.

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DNSE owns Bò và Gấu, currently the leading entertainment-focused stock market channel in Vietnam.

DNSE now serves more than 1.3 million investors and continues to achieve new milestones in business growth, reinforcing its stable development and strong appeal among retail investors. By the end of Q3, DNSE ranked Top 6 in market share for listed stock brokerage and Top 2 in HNX derivatives brokerage. Its margin loan balance has also grown rapidly, exceeding VND 5,750 billion.

Compared to other firms in the Top 10, DNSE stands out with its differentiated strategy. Instead of relying on a traditional broker network, DNSE has developed a comprehensive digital-platform model, automating processes, optimizing costs, and scaling its user base quickly.

The recognition as one of the “Top 10 Securities Companies with the Best Retail Services in Vietnam” is a well-deserved milestone for DNSE after five continuous years of innovation centered around user experience and technology. This achievement not only affirms DNSE’s rising position but also highlights its growth potential as it targets a new generation of active investors, thereby contributing to the broader development of Vietnam’s securities market.

(Read more on vneconomy.vn)