ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronEye IconIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintSite TitleTitle ChevronIcon Twitter
Finance

Tokai Tokyo Financial teams with Vietnamese brokerage

Partnership with Bao Viet to promote acquisitions by Japanese companies

Tokai Tokyo offers Asian stock trading to Japanese retail investors.

TOKYO -- Japan's Tokai Tokyo Financial Holdings is forming an operational tie-up with Vietnam's Bao Viet Securities as part of its broader push to expand business in Asia.

The partners look to cooperate in the investment banking sector as well as jointly provide market research reports and financial products for individual investors. The pair also will exchange employees for training.

Tokai Tokyo Financial will use the tie-up to broker acquisitions of local firms by Japanese corporate clients. The company has particularly deep connections with manufacturers in Nagoya. Vietnam aims to attract foreign capital amid efforts to privatize state-owned enterprises.

Bao Viet Securities is a subsidiary of Bao Viet Holdings, Vietnam's largest state-affiliated financial group. Tokai Tokyo Financial could purchase a stake in Bao Viet Securities in the future. In April, the Japanese company took a $10 million ownership share in Chinese brokerage Guotai Junan Securities.

(Nikkei)

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

You have {{numberArticlesLeft}} free article{{numberArticlesLeft-plural}} left this monthThis is your last free article this month

Stay ahead with our exclusives on Asia;
the most dynamic market in the world.

Stay ahead with our exclusives on Asia

Get trusted insights from experts within Asia itself.

Get trusted insights from experts
within Asia itself.

Try 1 month for $0.99

You have {{numberArticlesLeft}} free article{{numberArticlesLeft-plural}} left this month

This is your last free article this month

Stay ahead with our exclusives on Asia; the most
dynamic market in the world
.

Get trusted insights from experts
within Asia itself.

Try 3 months for $9

Offer ends July 31st

Your trial period has expired

You need a subscription to...

  • Read all stories with unlimited access
  • Use our mobile and tablet apps
See all offers and subscribe

Your full access to the Nikkei Asian Review has expired

You need a subscription to:

  • Read all stories with unlimited access
  • Use our mobile and tablet apps
See all offers
NAR on print phone, device, and tablet media