Aureos Southeast Asian Fund (ASEAF) invested US$4.2 million in the Tran Anh Digital World Joint Stock Company in late July, saying it trusts the electronics retail industry’s potential.
The Vietnam Azalea Fund under Mekong Capital has invested US$9.1 million in the Nam Long Investment Joint Stock Company to buy 2.7 million shares, equivalent to 6.7 percent of its chartered capital.
An economic rally and the huge potential of private businesses are major causes for foreign capital investment to increase in Vietnam, home to over 400,000 small and medium-sized enterprises (SMEs), mostly in the private sector.
A foreign capital fund representative forecast that some private businesses in Vietnam would emerge as leading companies in Southeast Asia.
Financial consultant for foreign capital funds, Paul Coleman from PricewaterhouseCoopers Vietnam said many industries in Vietnam, drawing crowds of private businesses such as retailers, are offering numerous opportunities for foreign investors.
Many foreign capital funds have worked out long-term investment plans in Vietnam in order not to miss golden chances. Mekong Capital has unveiled its bid to launch another fund with a capital of US$150 million this year.
An economic rally and the huge potential of private businesses are major causes for foreign capital investment to increase in Vietnam, home to over 400,000 small and medium-sized enterprises (SMEs), mostly in the private sector.
A foreign capital fund representative forecast that some private businesses in Vietnam would emerge as leading companies in Southeast Asia.
Financial consultant for foreign capital funds, Paul Coleman from PricewaterhouseCoopers Vietnam said many industries in Vietnam, drawing crowds of private businesses such as retailers, are offering numerous opportunities for foreign investors.
Many foreign capital funds have worked out long-term investment plans in Vietnam in order not to miss golden chances. Mekong Capital has unveiled its bid to launch another fund with a capital of US$150 million this year.
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