Vietnam Partners provides investment management services through its joint venture with the Bank for Investment and Development of Vietnam (BIDV), as well as separately managed mandates for institutional and individual investors.
BIDV – Vietnam Partners Investment Management Company (“BVIM”)
In recognition of its industry expertise, Vietnam Partners was chosen by the Bank for Investment and Development of Vietnam (BIDV), one of the largest State-owned banking institutions of Vietnam, as its partner in the 50-50 joint venture, BIDV – Vietnam Partners Investment Company (BVIM). BVIM is focused on mobilizing capital from Vietnam and international markets and investing in high-growth opportunities in strategic sectors of the Vietnamese economy. The Company has initiated its first fund, Vietnam Investment Fund (VIF), and has plans to launch others in the not-too-distant future.
Vietnam Investment Fund (VIF)
The investment goal of VIF is to generate superior returns by investing in the public and private markets within Vietnam. Areas that VIF will be invested in include without limitation:
Equitization of State-owned enterprises
▪ Selected companies in listed and OTC markets
▪ Infrastructural projects
▪ Traditional private equity
VIF is the largest domestic fund raised to-date in Vietnam. The fund is to be closed at US$100 million. The first closing was on March 13, 2006 at US$70 million commitment. Our partial list of investors includes: Vietnam National Coal – Mineral Industries Group (Vinacomin), Vietnam Shipbuilding Industry Corporation (Vinashin), Song Da Construction Corporation, Saigontourist, Hanoi Urban Development Corporation (HUD), Financing and Promoting Technology Corporation (FPT), Vietnam Post and Telecommunication Corporation (VNPT), BIDV, and Vietnam Partners.
VIF has the following distinguished advantages:
▪ VIF is a unique domestic fund and is not restricted by foreign investor regulations.
▪ VIF offers the opportunity to invest alongside many of Vietnam’s largest State-owned enterprises, private corporations, and provinces.
▪ VIF may utilize up to 30% leverage at the fund level.
▪ VIF is managed by an investment team comprised of seasoned managers with significant experience in Vietnam’s economic expansion.
