HVA Investment Joint Stock Company
HVA Investment Joint Stock Company (HVA Investment JSC) is a Vietnamese financial and investment firm headquartered in Can Tho City, Vietnam. Established on May 19, 2010, as An Hung Installation Investment Joint Stock Company, it became a public company listed on the Hanoi Stock Exchange (HNX) on March 5, 2015, under the ticker HVA and later transitioned to the UPCoM market. The company became the first public company in Vietnam to propose raising funds through an Initial Coin Offering (ICO) for a blockchain-based crowdfunding platform and projects.[1] The company focuses on financial investments, technology, and blockchain, evolving from its initial operations in construction and agriculture.
 | |
| HVA Group | |
| Formerly | An Hung Installation Investment Joint Stock Hung Viet Green Agriculture JSC |
| Company type | Public |
| HVA | |
| Founded | 2010 May 19 |
| Headquarters | Can Tho city |
Key people | Eric Vuong (Vuong Le Vinh Nhan), Nguyễn Chí Công |
Board of Directors
[edit]| Name | Position | Tenure |
|---|---|---|
| Eric Vuong | Chairman | Since May 16, 2020 |
| Nguyễn Chí Công | Member of the Board | Since June 5, 2023 |
| Trương Gia Bảo | Member of the Board | Since June 5, 2023 |
| Lê Hòa Nhã | Chief Executive Officer | Since November 14, 2023 |
History
[edit]HVA Group was founded on May 19, 2010, in Hanoi as An Hung Installation Investment Joint Stock Company, initially focusing on housing construction and completion. IIn 2014, it increased its charter capital to 50 billion VND and rebranded as Hung Viet Green Agriculture JSC, shifting to agriculture and listing on the HNX in March 2015. On March 5, 2015, it listed on the HNX with the ticker HVA, marking its entry into public markets.[2] In 2017, the company moved its headquarters to Can Tho and rebranded as HVA Investment Joint Stock Company, shifting its focus to financial investments and consulting. That year, it gained attention as the first listed company in Vietnam to propose raising funds through an Initial Coin Offering (ICO) for a blockchain-based crowdfunding platform, aiming to secure 1,000 billion VND.[3]
In 2018, Vuong Le Vinh Nhan (Eric Vuong) was elected Chairman during the Annual General Meeting on August 29, replacing Nguyễn Khánh Toàn, steering the company toward technology-driven finance. From 2019 to 2022, under Vuong Le Vinh Nhan’s leadership, total assets grew from 67.8 billion VND to 179 billion VND, equity from 56 billion VND to 159.8 billion VND, and net revenue from 650 million VND to 822.2 billion VND.[4] By mid-2023, HVA’s stock transitioned to UPCoM, reflecting a period of financial recovery and strategic realignment. [5] In 2024, HVA held its Annual General Meeting themed “Digital Financial Era”[6] focusing on digital assets and blockchain technology, announcing plans to transfer to the Ho Chi Minh Stock Exchange (HOSE) by 2025; In October 2024, HVA partnered with VFilms to integrate blockchain and digital finance into film projects, expanding its tech portfolio.[7]
Regulatory Issues
[edit]On June 20, 2018, former chairman Nguyễn Khánh Toàn was fined 275 million VND for not reporting the sale of 940,000 shares, constituting stock market manipulation.[8] On November 10, 2022, HVA was fined 81.95 million VND by the State Securities Commission for failing to comply with financial reporting requirements, a securities violation.[9]
References
[edit]- ^ HỮU BẬT. "HVA - công ty đại chúng đầu tiên muốn rót tiền vào blockchain". Tạp chí điện tử Nhà đầu tư. Retrieved 2025-01-02.
- ^ Minh, Sơn (December 28, 2017). "Từ bỏ làm nông nghiệp, một công ty muốn gọi vốn ảo nghìn tỷ". VnExpress.
- ^ "Một công ty Việt công khai huy động 1.000 tỉ đồng qua hình thức ICO". thanhnien.vn (in Vietnamese). 2017-12-27. Retrieved 2025-01-02.
- ^ "Cổ phiếu giá 'trà đá' nhưng HVA vẫn chơi lớn, muốn rót tiền vào blockchain". Doanh Nhân (in Vietnamese). 2025-04-03. Retrieved 2025-04-03.
- ^ toquoc.vn (2024-02-27). "Đại hội đồng cổ đông thường niên HVA 2024 - Kỷ nguyên tài chính số". toquoc (in Vietnamese). Retrieved 2025-04-03.
- ^ "Đại hội đồng cổ đông thường niên HVA 2024 - Kỷ nguyên tài chính số". toquoc (in Vietnamese). 2024-02-27. Retrieved 2025-01-02.
- ^ "Công Bố Hợp Đồng Hợp Tác Kinh Doanh Giữa HVA Group và VFILMS". CafeF.vn. 2025-04-03. Retrieved 2025-04-03.
- ^ "Bán 'chui' hơn 940.000 cổ phiếu, cựu Chủ tịch HVA bị phạt 27,5 triệu đồng". Báo Đấu thầu (in Vietnamese). 2018-06-20. Retrieved 2025-01-02.
- ^ "Một công ty đầu tư tài chính bị UBCKNN phạt". Báo Markettimes (in Vietnamese). 2022-11-10. Retrieved 2025-01-02.