Reasons for Field Survey

The Vietnamese foreign exchange market is an emerging market that has developed in recent years. With the continuous development of Vietnam's economy, foreign exchange trading has gradually occupied an important position in Vietnam's financial sector. To help investors or practitioners gain a more comprehensive understanding of Vietnam's foreign exchange brokers, the on-site inspection team went to Vietnam for a field visit.

Field Survey Process

The on-site inspection team of this issue went to Vietnam as planned to visit the forex broker VNF. According to public information, its office address is "179D, Hai Bà Trưng, Phường Võ Thị Sáu, Quận 3, Thành phố Hồ Chí Minh".

A professional and experienced on-site inspection team, driven by a sense of mission to strictly scrutinize for investors, meticulously planned and traveled to Vietnam. Based on the aforementioned information, they conducted an on-site visit to the dealer VNF.

The field investigator proceeded to the target area based on the address information to conduct an on-site verification of the dealer VNF who claimed to be located at this address. The investigator successfully arrived at the target location, but it was not a proper office building; instead, it was a yoga studio. The surrounding conditions of the location were vastly different from the office environment claimed by the dealer, and there was no commercial atmosphere related to foreign exchange trading. No company logos or related information of VNF were found in the vicinity.

Since it was a yoga shop that was arrived at, there were no procedures such as entering the building lobby, nor was there an opportunity to state the purpose of the visit to the security or staff, naturally making it impossible to obtain entry permission.

Because it is impossible to enter the so-called building, there is no situation of reaching the target floor, and it is even more impossible to discover whether the office area of VNF has obvious signs or security measures. Since the actual address is not an office location, it is impossible to enter the interior, nor can the front desk and the logo of the front desk be photographed. This address is also not a shared office.

Through external observation, this place is entirely a yoga shop environment, completely inconsistent with the positioning of a forex trader as claimed by VNF.

Therefore, after the on-site inspection, it was confirmed that the dealer VNF does not exist at the aforementioned address.

Field Survey Summary

The field investigator proceeded to Vietnam as planned to conduct an on-site visit to the forex broker VNF. At the publicly displayed business address, no information such as the company name of the broker was found, indicating that the broker does not have a genuine business location. Investors are advised to make their choices after comprehensive consideration.

Field Survey Disclaimer

The above content and views are for reference only and should not be used as the final basis for decision-making.