Purpose

The Vietnamese foreign exchange market is an emerging market that has developed in recent years. With the continuous growth of Vietnam's economy, foreign exchange trading has gradually taken on an important role in the country's financial sector. To help investors or practitioners gain a more comprehensive understanding of foreign exchange brokers in Vietnam, the on-site inspection team traveled to Vietnam for a field visit.

Process

The on-site inspection team, as scheduled, visited the foreign exchange broker VNDIRECT in Vietnam. According to public information, its office address is No.1 Nguyen Thuong Hien Street, Hai Ba Trung District, Hanoi, Vietnam.

A professional and experienced on-site inspection team, driven by a sense of mission to rigorously safeguard investors' interests, meticulously planned and traveled to Vietnam. Based on the aforementioned information, they conducted an on-site visit to the dealer VNDIRECT.

The field investigator proceeded to the target area based on the address information to conduct an on-site verification of the dealer claimed to be located at No.1 Nguyen Thuong Hien Street, Hai Ba Trung District, Hanoi, Vietnam VNDIRECT.

The field inspector successfully arrived at the target building, located at No. 1 Nguyen Trung Kien Street, Hoan Kiem District, Hanoi City, Vietnam. The surrounding area is bustling with a strong commercial atmosphere. The company's logo is clearly visible on the exterior of the building. The panoramic view of the building is quite striking, showcasing the company's scale and strength.

The inspection personnel entered the building lobby and, after explaining their purpose to the security guard, successfully obtained entry permission. Upon entering the building, they noticed the company's directory board, and the company's logo was prominently visible both inside and outside the building.

Upon arriving at the target floor, the inspection personnel noticed that the office area of VNDIRECT had clear signage. Since there were no obstacles encountered, the inspection personnel smoothly entered the company premises. This is not a shared office space, and the front desk along with its logo could be clearly photographed.

Through the reception area, the inspector observed that the company's internal office environment is bustling, and the overall environment aligns with its claimed positioning. Upon arriving at the building, their logo is visible on the exterior, and there is also a logo on the first floor, which serves as their reception area. The decoration in this relatively central urban area in the country looks quite good.

Therefore, after the on-site inspection, it has been confirmed that the dealer VNDIRECT exists at the aforementioned address.

Conclusion

The on-site inspection team proceeded to Vietnam as planned to visit the forex brokerVNDIRECT. At the publicly displayed business address, the company name and other information of the broker could be seen, indicating that the broker has a genuine business location. Investors are advised to make their choices after comprehensive consideration.

Disclaimer

The above content and opinions are for reference only and should not be used as the final basis for decision-making.