VinaCapital

VinaCapital’s Chief Economist is among the speakers participating in NordCham Vietnam’s free New Year webinar, taking place Wednesday, 15 January at 2:00pm. Titled “Forecasting 2025: Balancing Risks and Rewards in Vietnam’s Growth Story,” Michael will share his outlook for the economy for the year ahead. For more information and to register, click here: https://lnkd.in/gynq-c9H

Our Vietnam Macroeconomic Commentary for December 2024, written by our Chief Economist Michael Kokalari, is now online. Download below or via this link: https://lnkd.in/g4uMmQb3 hashtag #VinaCapital #InvestinginVietnam #Macroeconomy

VinaLiving, the real estate development brand of VinaCapital, has formed a strategic partnership with Lodgis Hospitality Holdings, a joint venture between VinaCapital and Warburg Pincus, to cooperate on the development of the resort real estate market in Vietnam. Over the past 15 years, VinaLiving has steadily risen to become one of the key players in the resort segment of the real estate market. With 18 international awards and total investment capital of up to USD 1 billion, VinaLiving has assembled a portfolio of nearly 20 directly developed housing and resort projects along with several other cooperative projects across the country. Meanwhile, Lodgis Hospitality holds a leading position in the Southeast Asian hotel market, with more than 30 hotels, managing nearly 6,000 rooms with total assets of more than USD 1.2 billion, and operating under several well-known brands including Intercontinental, Holiday Inn and Fusion. More details about this exciting new partnership may be found in this article (Vietnamese): https://lnkd.in/gVWEC_rS #VinaCapital #VinaLiving #Lodgis #InvestinginVietnam #resortdevelopment

Positive outlook for bank stocks in 2025 Banking stocks make up 40% of the VN-Index and significantly outperformed it in 2024, returning 26% in VND terms vs. 12%, respectively. We expect even stronger performance this year, driven by factors including increased public infrastructure spending, a recovery in consumption, and the real estate market. That said, there is considerable dispersion in performance, fundamentals, and valuations among listed banks, presenting a prime opportunity for active managers to outperform the broader market. In his latest Insights report, Chief Economist Michael Kokalari, along with Senior Bank Analyst Thuy Anh Nguyen, outline the key drivers behind 2025 bank earnings growth and our criteria for selecting bank stocks in the coming year. Access the report: https://lnkd.in/gR_y_g3c #VinaCapital #InvestinginVietnam #Insights #bankingsector #outperformance  

Attention startup founders: connect with VinaCapital via JDI! Nam Do is a key member of VinaCapital’s venture capital team -- the Capital Jumpstart Disruptive Innovations (JDI) VC Network presents a great opportunity to connect with us! We’re proud to partner with the Capital JDI VC Network as it works to drive innovation and further build out Vietnam's tech ecosystem. Details below. https://lnkd.in/g2zNUi8s

Khanh Vu, Portfolio Manager of the VinaCapital Vietnam Opportunity Fund, was invited to CNBC Asia’s “Squawk Box” program this morning to share his views on the outlook for Vietnam’s economy and stock market in the year ahead. The interview covered a range of topics, from the potential impact incoming US President Trump’s policies may have on Vietnam, the improvement in market liquidity, and monetary policy. “We expect the market to continue to perform well, underpinned by three things: one, good government policies; two, good corporate earnings, and; three, a rebound in consumer sentiment,” said Khanh. Watch the clip: https://lnkd.in/gnh5kmrs   #VinaCapital #InvestinginVietnam #outlook #economicgrowth #CNBC

On December 28, 2024, the Vu A Dinh Scholarship Fund and the "For a Beloved Hoang Sa - Truong Sa" Club organized the "Spring Journey to Mountains and Seas - 2024" art program. This event served as a year-end review, recognizing the achievements of ethnic minority and island students with awards and scholarships. At the event, Madame Truong My Hoa, President of the Vu A Dinh Scholarship Fund, Mr. Nguyen Minh Triet, Secretary of the Communist Youth Union, President of the Vietnam Student Association, and Mr. Don Lam, Vice-President of the Vu A Dinh Scholarship Fund and Chairman of the VinaCapital Foundation Board, presented Tet gifts to the students. Since 2009, the Brighter Path program, a joint initiative of the VinaCapital Foundation and the Vu A Dinh Scholarship Fund, has provided scholarships to 100 ethnic minority female students nationwide. Three dozen students from the second phase recently graduated from universities and colleges. Ro Mah H'Thu, an Accountant at the Dak Po District Political Center in Gia Lai Province, was also present at the event. As a graduate of Phase 1 of the Brighter Path program, she expressed deep gratitude to the VinaCapital Foundation and the Vu A Dinh Scholarship Fund: “The Brighter Path program has profoundly transformed my life. With determination and the program’s continuous support, my aspirations are within reach.” There is no better way to end 2024 than to celebrate the achievements of these bright and determined young ladies as they continue to transform their lives and pursue their dreams! #VinaCapitalFoundation #VCF #BrighterPath #education #empoweringwomen

Don Lam, VinaCapital’s CEO & Founding Partner, recently sat down with Andreas Kaplan, President of Kuehne Logistics University (KLU), to share some of his personal story as well as his views on leadership, how his outlook has changed over time, the role logistics plays in Vietnam’s economy, and a few thoughts on some of the cultural differences between Vietnamese and Germans! The wide-ranging interview is the latest episode of KLU’s “Dock & Talk – Stories from the Top” series that showcases personal stories and leadership insights from prominent business leaders. KLU is a leading state-recognized international university headquartered in Hamburg, Germany, with an additional location currently being established in Ho Chi Minh City. KLU offers programs in business, management, data science and analytics, as well as specialized programs in logistics, operations, and SCM. Watch the interview: https://lnkd.in/gPyJ2nX8   #VinaCapital #InvestinginVietnam #KLU #leadership #logistics #Germany

As 2024 winds down, attention is turning to what’s in store for Vietnam’s economy and stock market in 2025. The economy performed well this year, driven by growth in exports and manufacturing, despite a very uncertain global economic landscape. Will these trends carry over into the new year? With the government targeting 6.5% GDP growth for 2025, domestic factors such as consumer spending, public infrastructure investment, and a recovery of the real estate market will be key to hitting that goal, as exports and manufacturing are likely to slow. Additionally, the world awaits what the incoming Trump administration actually does, particularly with respect to tariffs. As we have shared recently, we believe Vietnam’s “Trump risk” is overstated and that Vietnam’s long-term tailwinds remain in place. VinaCapital’s Chief Economist Michael Kokalari addresses these and other issues in our “Looking Ahead at 2025” report, which may be accessed via this link: https://lnkd.in/gamdbYDv   #VinaCapital #InvestinginVietnam #insights #2025outlook #economicgrowth