VIX and DATX Vietnam signed a strategic cooperation agreement

On June 21, 2023, VIX Securities Joint Stock Company (VIX) and DATX Vietnam Joint Stock Company (DATX Vietnam) entered into a strategic collaboration, aligning with global investment trends. This partnership aims to harness artificial intelligence (AI) to offer enhanced products and services to customers, ushering in a new era of investment convenience and simplicity for investors.

The signing ceremony of the Strategic Cooperation Agreement took place at Melia Hotel, 44 Ly Thuong Kiet, Hanoi, attended by Mr. Truong Ngoc Lan, General Director of VIX, Mr. Nguyen Quang Dat, General Director of DATX Vietnam, alongside partner businesses, customers, and VIX staff.

The partnership between VIX and DATX Vietnam seeks to leverage each party’s strengths: VIX’s extensive experience in securities and DATX Vietnam’s cutting-edge AI technology, particularly its XWealth AI investment support platform. This collaboration aims to provide competitive market advantages, delivering top-notch experiences and services to users of both entities.

Mr. Truong Ngoc Lan, General Director of VIX, expressed confidence in the alliance with DATX Vietnam, foreseeing enhanced customer experiences and product offerings. This collaboration marks a strategic step for VIX in advancing technology applications, enhancing service quality, and fostering partnerships to better serve Vietnamese investors.

Integration of DATX Vietnam’s AI technology onto the VIX platform promises efficient and user-friendly investment tools, simplifying the investment journey for VIX customers and contributing to the development of a sustainable and transparent Vietnamese stock market.

In conjunction with this collaboration, VIX introduces the Margin T5 program, offering interest-free loans for the first five days and a transaction fee of only 0.1% for 90 days from account opening for new customers. Earlier, on April 10, 2023, VIX launched VIX Web Trading 2.0, featuring a modern interface, streamlined operation, and comprehensive account information lookup.

Mr. Nguyen Quang Dat, General Director of DATX Vietnam, emphasized that DATX’s unique machine learning and AI technology core will serve as an effective tool for investors, ushering in a more convenient era for investors.

Investor founder of DATX, Mr. Bui Van Cuong, shared his belief in AI-based investing, envisioning it as the future of the stock market. DATX aims to provide fairer investment opportunities, equipped with a simple, convenient, and effective toolkit, powered by cutting-edge technology platforms.

Despite the challenging economic landscape, VIX continues to operate safely and effectively. In 2023, the company plans to focus on proprietary trading and brokerage, banking on these pillars to generate stable profits. With a focus on technology development, information security, and customer-centric transaction mechanisms, VIX aims to modernize and revitalize its operations, with the partnership with DATX representing a significant step in this direction.