Former German Deputy Chancellor Philipp Roesler has been elected Vice Chairman of the HDS board for the 2025-2030 term. Born on 24 February 1973 in Khanh Hung, Ba Xuyen (formerly Soc Trang province), Vietnam, he was adopted by a German couple at 9 months old. He served as German Health Minister (2009-2011), Economy and Technology Minister (2011-2013) and Deputy Chancellor, and was the first Asian-origin person to hold that post. After leaving politics, he was CEO of the World Economic Forum in Switzerland from 2014 to 2017, and has been Vice Chairman of Vietjet's board since May 2026. He holds a PhD in heart surgery and a private pilot licence.
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Original headline: Profile đỉnh của cựu Phó Thủ tướng Đức vừa gia nhập Chứng khoán HD: Là tiến sĩ phẫu thuật tim, có bằng phi công, từng điều hành Diễn đàn Kinh tế Thế giới
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- Former German Vice Chancellor Takes Senior Role at Vietnamese Securities Firm
HD Securities (HDS) elected Philipp Roesler, a former German Vice Chancellor, as Vice Chairman of its Board of Directors effective October 23, for the remainder of the 2025-2030 term. Roesler served as Vice Chancellor and Minister of Economics and Technology under Angela Merkel and previously held roles at Siemens, Deutsche Bank and Lufthansa. HDBank owns 90% of HDS, which reported nine-month operating revenue of VND 3,018 billion and pre-tax profit of VND 2,241 billion, up 2.6 and 3.7 times year on year, and has completed its annual plan. The company plans an IPO in Q4 2026, offering 121.79 million shares (11.11% of outstanding shares) at a minimum price of VND 12,252 per share to raise at least about VND 1,492 billion. If completed, charter capital would rise from VND 10,961 billion to VND 12,178 billion.
- HD Securities elects Vice Chairman of Board of Directors
HDS has announced a resolution electing Philipp Roesler as Vice Chairman of the Board of Directors effective 23/10/2026 for the remainder of the 2025–2030 term; he was earlier elected as an independent board member via a written poll that closed on 20/10. Roesler, a German of Vietnamese descent, is founder and CEO of Consessor AG and has been a board member of Vietjet (VJC) since 8/2025. Shareholders also approved clearing and settlement services under a central counterparty model, and the company reported IPO plans to offer 121.79 million shares (11.11% of outstanding shares) at a minimum price of VND 12,252 per share, targeting at least VND 1,492.1 billion. In Q3/2026, operating revenue reached VND 1,130 billion (nearly 3x the same period), and after-tax profit was VND 615 billion; for the nine months, pre-tax profit reached VND 2,241 billion, 66% of the 2026 plan. As of 30/9/2026, total capital reached VND 27,750 billion, 4.7 times the start of the year.
- HD Securities reports nine-month pre-tax profit 3.7 times year-on-year, far exceeding its full-year 2025 profit
HD Securities (HDS) reported pre-tax profit of VND 2,241 billion for the first nine months of 2026, up 3.7 times year-on-year and 1.7 times its full-year 2025 profit of VND 1,314 billion. Nine-month after-tax profit reached VND 1,804 billion, and Q3 revenue was VND 1,130 billion, nearly three times the year-earlier level. Investment banking was a key growth driver, with underwriting and issuing-agency revenue of VND 982 billion, up 9.8 times year-on-year, while investment and funding income was the largest source at 48.9% of nine-month revenue. Charter capital rose from VND 1,461 billion to VND 10,961 billion, and equity grew about fourfold since the start of the year. The company said 87% of nine-month pre-tax profit was realized, with annualized ROE of 27.5%.
- Former German Deputy Prime Minister nominated to board of securities firm ahead of IPO
HDS nominates Philipp Roesler, a former German Deputy Prime Minister of Vietnamese origin, as an additional independent board member for the 2025-2030 term, with a written shareholder vote planned for October since no other nominations were received by October 5. He previously served as Minister of Health, Minister of Economics and Technology, and Deputy Prime Minister in 2011-2013, and has been an independent board member of Vietjet since 2025. The nomination comes as HDS prepares to offer nearly 121.8 million shares in Q4 2026 (about 11.11% of shares outstanding), raising charter capital from about 10,961 billion dong to about 12,179 billion dong, with proceeds allocated 60% to margin lending, 10% to advances on stock sales and 30% to valuable papers. The company plans to list on HoSE, or register for UPCoM if it does not meet listing requirements. Separately, SSI Research forecasts HDBank pre-tax profit of 7,000 billion dong in Q3 2026, up 48% from 4,735 billion dong a year earlier.
- Former German Deputy Chancellor becomes vice chairman of HD Securities
Philipp Rösler, a former German Deputy Chancellor, has been appointed vice chairman of HD Securities (HDS) from October 23 for the remainder of the 2025-2030 term. He also sits on the board of Vietjet and previously held senior roles at Siemens, Deutsche Bank and Lufthansa. HDS, formerly Phú Gia Securities founded in 2006, has charter capital of nearly VND 11,200 billion, with parent HDBank owning 90%. For the first nine months, HDS recorded operating revenue of VND 3,018 billion and pre-tax profit of VND 2,241 billion, up 2.6 and 3.7 times year on year. The company is listing on HoSE, expected to be completed this quarter, and plans to issue 121.8 million shares at about VND 12,252 each, not below book value.
- Permanent Deputy Prime Minister Pham Gia Tuc: Tay Ninh aims for 2026 growth of 10.5% or higher
Permanent Deputy Prime Minister Pham Gia Tuc met the Tay Ninh Provincial Party Committee on socio-economic development in the first nine months of 2026 and measures for the rest of the year. Tay Ninh's GRDP grew 10.3% over nine months, ranking 10th of 34 provinces and cities and first in the South, with industry and construction up 14% and the industrial production index up 15.02%. Import-export turnover exceeded $27 billion, with a trade surplus of about $4.04 billion, and the province expects full-year growth of at least 10.3%. However, some businesses still face difficulties, public investment disbursement is slow, and many projects are held up by land clearance, resettlement and procedures. Tay Ninh asked the central government for help with transport infrastructure, energy and border-gate policies, and 4 of the 10 recommendations raised in July have been resolved.
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