Income item Income (VND) 2021 2020 Revenue from underwriting and issuance agency services 255,051,214,227 34,775,482,452 Revenue from securities investment advisory services 5,486,917,039 24,140,872,9.
Income (VND) Income item 2021 2020 Revenue from underwriting and issuance agency services 255,051,214,227 34,775,482,452 Revenue from securities investment advisory services 5,486,917,039 24,140,872,941 Revenue from financial advisory 5,435,963,829 306,365,438 Table 2.1: VNDIRECT’s revenue from Investment banking services in 2020 and 2020 (Source: VNDIRECT’s 2021 Audited Consolidated Financial Statement 2021) One of the most remarkable services in 2021 is the bond issuance service, consisting of consulting, issuing agency, and underwriting The total value of bonds that VNDIRECT underwrote in 2021 was VND 113,018 billion, more than 52% of that in 2020 The main clients of VNDIRECT for this service are wellknown enterprises, namely Trung Nam Group, BIDV Bank, VIB, Vietinbank, CMC Joint Stock Company, The Ky Real Estate Joint Stock Company, etc The most noticeably successful partnership of 2021 was the partnership with Trung Nam Group for underwriting corporate bonds to finance the onshore wind-power project with 400MW, the largest capacity in Vietnam nowadays This is the partnership among VNDIRECT, Trung Nam Group and the leading financial institutions in the market like Vietinbank and Vietcombank as asset management agencies, with the largest