Talking about his event, Mr.Ngo Van Vi, Director of VTB said that: “we have spent 25 years of operation with up and down periods, the chances of the country’s economy, VTB tradename has many chances for development and confirmation. However, the cleareast and most special chance has just started at the end of 2006. Apart from a better capital mobilization, the stock market is an advantageous environment for popularizing its tradename”.

One month after the time of offering, VTB stocks became an attractive choice for the investors and quickly formed a price that is 78 timesmore than the par value. Explaining on this situation, some investors think that the stocks of the electronics enterprises who are successful are not many, the investment potential is rather limited while the pressure of integrating into AFTA and WTO is becoming greater and greater. In that circumtance, VTB is one of the few strong electronics companies with future development potential

In fact, the operation effectiveness of VTB has been proved in the last 25 years, especially after it has overcome a very difficult stage of the process of changing from a state company to a joint stock company, from July 2004. From a small manufacturing enterprise, VTB has become one of the electronics enterprises with the leading capital scale in the market. The company is among a few of Vietnam Electronics that have confidence in cooperatng with the famous corporations of Japan to establish joint venture companies such as Sony Vietnam in 1994 and JVC Vietnam in 1996, Vitek…. Currently, these joint ventures are operating rather effectively, bringing profits 18-20 years for the company. The point highly appreciated bythe investors is the competion of the products in the integration into AFTA and WTO.

In 2006, the growth of VTB continues to increase more than 10%, with the profits of more than 21 billions Vietnam dong. Expectedly, in this year of 2007, the said figures shall be relatively 15% and more than 23 billions VND evenly shared among shareholders more than 20. Especially, in quarter II/2007, VTB shall increase the registerred capital from 70 billions Vietnam dongs to 120 billions Vietnam dong to meet the demand of business and production expansion. In this plan, the advantage of a posted company shall create advantageous conditions for VTB to actively manage its capital source and grasp chances. When choosing VTB, the investors also place their belief in the development strategy of this company, that is the orientation of becoming multi-functional economic corporation with the communication strength of producing electronics equipment, supplying high tech services and gradually expand to other branches sch as the cooling electrics, household electrics… Notably, VTB has expanded some new operation fields with initial success in recent years that are the financial investment real estate market participation. These two new key points have been determined by the Shareholders’ general meeting as two prosperous orientations, with much profit and shall meet the expectations of the shareholders.

In the stock market, VTB has been known to detailed figures, at the capability of development and investment potetial. “each market has different specific features and difficulties. For the stock market, it can be said that that is a new tradename development market but I believe that we shall succeed. The strictness of the investors shall be the drive for VTB to confirm itself”, Mr Ngo Van Vi, Director of VTB believe that.
(Vietnam economics time)