Alex Hambly talks about investment opportunities in Vietnam following his appointment as chief investment officer (CIO) of VinaCapital.
There are three sectors that VinaCapital expects to benefit from very strong outlook for Vietnam’s GDP growth, including banking that has a circa 30 per cent weighting in the VN-Index), property (23 per cent), and consumer discretionary stocks (3 per cent).
The technology holding company is leading a group investment in local social e-commerce platform Ecomobi in a bid to help the startup reach further into the region.
The technology holding company of VinaCapital has announced that it has made an investment in logistics software startup An Vui, targeting at making Vietnam’s ground passenger transport system more efficient.
VinaCapital has acquired the business operations of Smartly, one of the first robo-advisory investment platforms launched in Singapore.
VinaCapital’s technology investment company VinaCapital Ventures has injected $4 million in Rever, Vietnam’s tech-enabled real estate brokerage company.
VinaCapital Ventures, the technology investment arm of VinaCapital, has formed a strategic partnership with Mirae Asset – Naver Asia Growth Fund, a $1 billion joint fund by Korea’s leading financial group Mirae Asset and internet company Naver.
Apart from foreign ownership limit (FOL), Vietnam should seek to address a number of issues related to the FX market liberalisation, information disclosure in English, overdraft and short selling facilities to be considered for a market upgrade on MSCI in the next two years, according to VinaCapital chief economist Michael Kokalari.
Being the first media company in Vietnam to be listed on the stock exchange, Yeah1 has made the largest successful divestment deal ever when VinaCapital got the return up to $127 million from its only $3 million investment in Yeah1.
VinaCapital has just launched a $100 million tech-focused venture capital fund, aiming to help fledgling startups and small and medium sized enterprises in the technology field, of which FastGo and LOGIVAN, two startups on technology solutions in the field of transportation will be its very first investment.
VinaLand Limited, the real estate arm of investment company VinaCapital has completed eight project disposals in Danang, Ho Chi Minh City, Phu Yen, Binh Thuan and Dong Nai provinces within only four months.
VinaCapital affirmed that taking over Ba Huan Joint Stock Company has never been its intention or a part of its business strategies.
This investment fund is worth $50 million, producing films in the form of holding shares under the consultancy of VinaCapital Fund Management.
Investment funds managed by VinaCapital and Dragon Capital have been continually investing in Century Land Joint Stock Company (CenLand), which is valued at $84 million.
