VOV: Can you tell us how IDJ’s new financial investment model will work?

Mr Hieu: To meet increasing demand for the development of domestic business and financial markets, IDJ Financial launched a new financial investment model for Vietnam based on its own investment in finance, human resources, and establishment of trademark and reputation. IDJ Financial itself is funded by financial resources of its shareholders.

Regarding human resources, IDJ Financial gathered a number of highly qualified people with a lot of experience in production and trading, who will help restructure businesses, including loss-making businesses in particular. IDJ Financial not only invests in finance but also in intellectual experience and knowledge.

VOV: What will benefit businesses if they cooperate with IDJ Financial?
Mr Hieu: Those businesses that are subjects to IDJ Financial investment, can improve their trademarks if they have strong financial resources. IDJ Financial not only invests in finance but also consults business about development and trading strategies as well as other issues to help them operate effectively. IDJ Financial also helps businesses issue and list stocks on the securities market and to operate professionally.

VOV: What kind of business is IDJ Financial interested in?

Mr Hieu: IDJ Financial is really keen to invest in Vietnamese businesses with a minimum investment capital of VND8 billion, particularly because we receive investment stakes from other domestic and foreign financial organizations. IDJ Financial used an “IDJ plus one” channel it means that if IDJ Financial is a strategic shareholder of a certain business, there will be other foreign business willing to become its strategic investor, too. IDJ Financial gives investment priority to banks and businesses which have real estate projects in Hanoi or Ho Chi Minh City, companies which have legal equities and other companies that have transparent trading viewpoints and list stocks on the securities market.

IDJ Financial plans to work with 100 domestic businesses from April 5, 2007 at its headquarters at 4A Lang Ha Street, Hanoi. Businesses which want to co-operate with IDJ can register on the website idj.com.vn. In Ho Chi Minh City, IDJ Financial will begin the same activity from April 15. In the first period, IDJ Financial will invest in 10 businesses and negotiations will conclude in late April 2007.

VOV: Does IDJ Financial plan to increase its capital and list on the securities market?
Mr Hieu: IDJ Financial operates transparently. It often publishes necessary information on the website idj.com.vn. IDJ Financial plans to list on the securities market in Hanoi, Ho Chi Minh City and Singapore after two years of operation. Currently, IDJ Financial holds around VND150 billion investment capital and plans to increase it to VND500 billion in 2008.

Traditionally, Vietnamese businesses only exploit capital through banks while banks are finding strategic shareholders to create financial resources. Businesses should find strategic shareholders who are financial investment companies like IDJ Financial. Currently, IDJ Financial is negotiating with some financial funds in Japan, Hong Kong and the US in order to turn them into foreign strategic partners, helping to increase its financial and management technology strength.

VOV: Thank you very much.