Hanoi Financial Investment Joint Stock Company (HAFI) was founded when Vietnam financial market, especially the stock market, was developing with fast growth rate. The target of HAFI’s establishment is to take the maximum advantages of market opportunities, focus and combine resources to build a modern, advanced and effective business.
HAFI started official operation from February, 2007 with the main business lines: Financial investment, investment consulting, service, training, manufacturing… Right from the beginning, based on the deep understanding that manpower is the key for sustainable development, HAFI has determined to build the staff with high qualifications and rich market experience. HAFI has set up the target to become a multi-field financial investment corporation.
Projects which HAFI invests are always formed carefully and consulted by experts, specialists with good skill and rich experience. Furthermore, HAFI invests in limited companies which are established and developed as member companies of HAFI. For the development period until 2010, HAFI will equitize member companies at suitable time to diversify capital and take advantages of financial market.
After operation period with this strategy, HAFI achieved satisfactory results: Profit increased 2 times compared to expected target, total assets rise by 50 per cent within 3 months. Besides, HAFI also has completed the internal control regulations, information technology network and base for financial products and services. HAFI established 2 member companies, one of which operates in financial training and the other operates in trading business.
Especially, HAFI confirms the right line in financial investment market by winning big contracts such as: Strategic co-operation agreement with AL MUMTAZ, project on setting up joint venture bedding factory with Korean and domestic partners with total investment capital of VND30 billion and will attract 150 good skilful employees. In addition, project on establishing Travel Joint Stock Company with a Korean Airlines Agent that Korean partner holds 30 per cent equity. HAFI also signed co-operation agreement, memorandum with mineral companies and had projects to exploit minerals in Bac Kan, Thai Nguyen.
In a talk with us, the representative of HAFI’s leaders expressed the Hafi’s principal goal of becoming a sustainable development multi-field corporation in the financial investment industry with core values: Solidarity – Standard – Quality – Effectiveness – Sustainable development.
Huong Thom