Dear Shareholders, Customers, and Partners of RongViet,

In 2025, the global economy continued its recovery but still faced many challenges. Global growth was estimated at around 3%, while inflation declined to approximately 4%, creating conditions for major central banks such as the U.S. Federal Reserve (FED) and the European Central Bank (ECB) to begin a cycle of interest rate cuts. While the U.S. economy and the Eurozone recovered at a moderate pace, emerging economies, particularly in Asia, continued to play an important role in driving global growth. 

Amid continued global economic volatility, Vietnam maintained strong growth momentum and remained among the region’s high-growth economies. GDP expanded by 8.02%, inflation was controlled at 3.31%, and FDI disbursement reached a record USD 27.6 billion. Despite these positive results, the economy still faced challenges from exchange rate pressure, rising oil prices, and the rebound in interest rates.

The year 2025 also marked an important turning point for Vietnam’s stock market as major reforms in market infrastructure and regulatory mechanisms created the foundation for a new phase of development. Notably, FTSE Russell announced the upgrade of Vietnam’s stock market to Secondary Emerging Market status, expected to take effect from September 2026, opening opportunities to attract international capital flows and strengthen Vietnam’s position on the global financial map.

Supported by these developments, Vietnam’s stock market recorded strong growth in 2025. VN-Index closed at 1,784.49 points, up 40.87% compared to the end of 2024, while average market liquidity reached approximately VND 28,890 billion per session. Total market capitalization increased to VND 9.98 quadrillion, equivalent to 74% of GDP, while the number of securities accounts exceeded 11.8 million, reflecting continued expansion of investor participation. 

Against this backdrop, RongViet remained committed to its strategic direction of “SOLID FOUNDATION - PROSPEROUS FUTURE”, focusing on strengthening internal capabilities, improving operational efficiency, and building a stronger foundation for sustainable development.

In 2025, RongViet recorded consolidated revenue of VND 1,096.3 billion and profit after tax of VND 282.2 billion, completing 99% and 96% of annual targets, respectively. Total assets increased 27% to VND 8,121 billion, while equity rose 10.4% to VND 3,099 billion, marking the highest milestones in the Company’s 19-year history. ROEa reached 9.55%, ROAa reached 3.89%, and EPS stood at VND 1,054/share, while financial safety indicators remained at prudent levels. RongViet also received a Moody’s credit rating with a Stable outlook for the second consecutive year.

Alongside positive business performance, RongViet continued strengthening its foundations in technology, governance, digital transformation, and human capital, while actively implementing community initiatives with nearly VND 2 billion dedicated to social programs. These efforts continued to be recognized through prestigious awards, including HR Asia Best Place to Work in Asia, Best Investment Research Vietnam 2025, and recognition as one of the Top 02 pioneering securities companies in ESG practices.  

Dear Sir/Madam,

Entering 2026, the global economy is expected to continue facing significant challenges amid persistent geopolitical risks and ongoing trade tensions. Meanwhile, Vietnam's economy entered 2026 as the starting year for the 2026–2030 development phase, with a GDP growth target of 10% or more, while inflation is expected to be controlled around 4–4.5%.   

For the stock market, 2026 presents numerous opportunities as the earnings growth outlook for listed companies remains positive. At the same time, the anticipated upgrade of Vietnam’s stock market classification is expected to help attract the return of international investment flows and further strengthen the market’s position. However, the market still needs to closely monitor risk factors arising from global economic-political fluctuations, exchange rate pressures, the possibility of rising interest rates, and the short-term shifts in international capital flows.

Amid Vietnam's financial and securities market continuing its strong transformation with increasingly high demands for competitiveness, governance capacity, and innovation, RongViet has established the overarching orientation for 2026 operations: "ENHANCING INNER STRENGTHS - ENFORCING SOLID STANDING", demonstrating its determination to continue improving internal capabilities, enhancing operational efficiency, and gradually consolidating and increasing RongViet's position in the Vietnamese financial market.

In 2026, RongViet will focus on strengthening financial capacity, enhancing the quality of its workforce, building a professional working environment, and accelerating comprehensive digital transformation in order to optimize operational efficiency and improve competitiveness. Guided by the philosophy of “Customer-Centricity”, RongViet will continue investing in the development and enhancement of its digital financial and investment product ecosystem, while fostering stronger collaboration among business segments to maximize the overall effectiveness of the ecosystem.

At the same time, RongViet will continue building a corporate brand associated with credibility, transparency, and social responsibility, while further strengthening its governance framework, risk management systems, and legal compliance practices to ensure safe, sustainable, and long-term development. 

Amidst Vietnam's economy entering a new development phase with many growth drivers, policies promoting the development of the financial market and the establishment of international financial centers present many opportunities for Vietnam's stock market. We believe that, with the internal strength accumulated over more than 19 years of establishment and development, along with a spirit of innovation and aspiration to rise, RongViet will continue to firmly overcome challenges, effectively seize market opportunities to gradually enhance its internal capabilities and affirm its position, aiming to become one of the leading, modern, and efficient financial institutions in Vietnam. 

We are always deeply aware that RongViet's development is linked to creating sustainable value for our valued clients, shareholders, partners, and employees, while actively contributing to the overall development of Vietnam's financial market and economy. In that spirit, RongViet remains steadfast in its sustainable development orientation, sharing development achievements with the community and society, aiming to create long-term values and a prosperous future. 

On behalf of the Board of Directors and all members of RongViet, I would like to sincerely thank our valued shareholders, clients, partners, and regulatory agencies for always trusting, accompanying, and supporting RongViet's development throughout its more than 19 years of establishment and growth. We cherish these valuable sentiments and commit to continuing our efforts to maximize internal strengths, enhance operational efficiency, and gradually affirm RongViet's position in the Vietnamese financial market. The road ahead still holds many opportunities as well as challenges, and we hope to continue receiving your trust and companionship to jointly create sustainable values in RongViet's development journey. 

We wish you good health, success, prosperity, and happiness.

Sincerely,  

Chairman

Nguyen Mien Tuan