VinaCapital

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

Our November 2024 Macroeconomic Commentary from Chief Economist Michael Kokalari

Vietnam’s stunning economic transformation is the focus of “Vietnam: Asia's Rising Star,” co-authored by Brook Taylor, VinaCapital’s CEO – Asset Management, and Sam Korsmoe, a journalist, writer, and teacher. The book analyzes a wide range of issues driving the country’s growth, including whether it is poised to follow South Korea and Taiwan to become the next Tiger economy of Asia.   The authors recently sat down with Hao Tran to discuss the book, how it came together, their long histories with Vietnam, and much more in the latest episode of the Vietnam Innovators by Vietcetera podcast series! Watch the podcast (in English): https://lnkd.in/d6vitsZU #VinaCapital #InvestinginVietnam #VietnamAsiasRisingStar 

On December 7, at the final round of Hub Challenge 2024, Don Lam, CEO & Founding Partner of VinaCapital, delivered a speech on the crucial role of adaptability in the startup journey. Hoping to inspire the participants, Don shared his startup experience over 20 years ago when he established VinaCapital in 2003, emphasizing, “The path to success is never linear, and every startup will face moments of doubt, uncertainty, and even failure. But remember it’s not the challenges themselves that define your future—it’s how you respond to them. Be resilient. Be open to change. Be adaptable.”   VinaCapital is proud to support visionary entrepreneurs who embrace adaptability and are committed to shaping the future. We’re excited to see how these innovators will continue to make their marks on the world!   #VinaCapital #InvestinginVietnam #venturecapital #entrepreneurs

Are you an Expert in Data Center Investment? VinaCapital would like to hear from you! The latest news from NVIDIA that it will develop a data center in Vietnam further underscores the country’s potential and attractiveness in this sector. At VinaCapital, we’ve been working on a number of initiatives related to data center infrastructure development, and we’re seeking an expert to play a key role in our efforts. This is a unique opportunity to be at the forefront of investment in this exciting and important field. Check out the job description below and apply today if you have the experience and are keen to take on a new challenge. https://lnkd.in/gCgZfpdf

Don Lam Shares Unique Insights in Tech Investing at theVietnam Tech Impact Summit 2024 Don Lam, VinaCapital's CEO and Founding Partner, was honored to take the stage as a keynote speaker at the Vietnam Tech Impact Summit (VTIS) 2024 in Hanoi on December 3, 2024. In his presentation on "Technology Investment for Vietnam’s New Economy", Don shared more about VinaCapital’s history in tech investment going back to 2006 and our strategy for investing in emerging technologies and disruptive innovations as we prepare to launch VCVCF, our third investment platform. He also emphasized how Vietnam's growing tech ecosystem presents unique opportunities for investors, focusing on areas such as artificial intelligence, blockchain, fintech, sustainability, and renewable energy. Don also discussed VinaCapital’s vision for fostering tech entrepreneurship and supporting the next generation of innovative startups in the region, which will contribute to Vietnam’s transformation into a leading tech hub in Southeast Asia. VTIS, the premier tech event in Vietnam, is a hub for transformative innovations, serving as "The gateway to Vietnam's emerging technology market” and connecting global experts, businesses, and investors, and tech enthusiasts across technology sectors. This year’s event focused on Fintech, AI, Blockchain, and Gaming. #VinaCapital #InvestinginVietnam #technologyinvestment #innovation #neweconomy

VinaCapital’s Thu Nguyen a Featured Speaker at Upcoming Bloomberg Businessweek Vietnam Investment Summit The “Vietnam Investment Summit” by Bloomberg Businessweek Vietnam, taking place on 5 December 2024 at Thiskyhall Sala, Ho Chi Minh City, will offer in-depth discussions among local and international leaders and experts on how to navigate volatility and the ever-changing nature of today’s markets. With the theme of “The Tipping Point for New Growth,” the Summit will explore a range of topics, including outlook for the year ahead, what emerging market status will mean for Vietnam, and the role of AI in Vietnam’s future development. Thu Nguyen, CFA, VinaCapital’s Head of Investment, Listed Equities and Fixed Income, is honored to join Nhan Tuan (Managing Director, Vietcap Securities) and Nguyen Duc Hoan (Chief Executive Officer, ACB Securities Company (ACBS)) for a panel discussion regarding “Investment opportunities across industries” moderated by Tran Minh Ngan of Bloomberg Businessweek Vietnam. Don’t miss what is certain to be an interesting discussion! For more information and to register for the Summit, click here: https://lnkd.in/gdpYR73Q   #VinaCapital #InvestinginVietnam #BloombergBusinessweekVietnam #VietnamInvestmentSummit  

A Further Look at the “Trump Risk” to Vietnam   There’s been a lot of attention to the potential impact the incoming Trump administration could have on Vietnam. With uncertainty around tariffs as well as heightened rhetoric on the campaign trail, Vietnam and the world are trying to better understand what the administration's plans are and how to prepare for what could be a tumultuous four years. In his latest Insights note, Chief Economist Michael Kokalari unpacks developments since his first note was published just after the election. The nomination of Scott Bessent as Treasury Secretary is the “best possible” with respect to tariffs, according to Michael, and he delves further into what he believes can be viewed as a roadmap for how the Trump administration 2.0 will proceed.   Download his note here: https://lnkd.in/giMi_eUD #VinaCapital #InvestinginVietnam #trade #tariffs #Trump2

VinaCapital’s Michael Kokalari Shares Insights at the 16th Vietnam CFO Summit Mr. Michael Kokalari, Chief Economist at VinaCapital, was honored to be the keynote speaker and a discussion panellist at the 16th Vietnam CFO Summit that took place earlier this week in Ho Chi Minh City. At the event, Michael shared his insights on the economy and his outlook for 2025, including the potential impact of Donald Trump’s election on Vietnam. He also participated in a lively discussion regarding the “Key Financial Strategies to Navigate the Current Business Landscape” along with Dr. Conchita L. Manabat (President of Development Center for Finance), Mr. Nguyen Xuan Dại (Deputy General Director & CFO, Sovico Group), Ms. Binh Le Vandekerckove (CEO, Head of M&A ASART Deal Advisory), and Mr. Le Khanh Lam (Partner, RSM Vietnam). The CFO Summit is the largest annual event for financial executives and business leaders in Vietnam. It is designed to bring together top financial leaders and industry experts to discuss practical solutions and the best financial management practices in an increasingly complex business environment. #VinaCapital #InvestinginVietnam #economicgrowth #insights

VinaCapital’s investment process for listed equities   A key factor in the strong performance of VinaCapital’s open-ended funds is our investment process, which winnows the field of approximately 1,600 stocks down to a few dozen that we believe offer the best potential for long term growth. Thu Nguyen, CFA, Head of Investments, Listed Equities and Fixed Income, shares more about our investment process and how our fund managers select the stocks for their portfolios in this short video. https://lnkd.in/gJ9zpbw8   #VinaCapital #InvestinginVietnam #openendedfunds #listedequities