International investors attracted by Vietnam’s economic growth: VinaCapital

Illustrative photo (Source: VNA)

HCM City (VNA) – More people worldwide arebecoming aware of Vietnam’s economic growth story and eagerly seeking waysto engage in it, noted CEO of the VinaCapital Fund Management JSC (VinaCapital)Brook Taylor in a recent press release.

In the release, VinaCapital announced that it is serving as an investment advisor to the Taiwanese-based Jih Sun Securities Investment Trust (JS)on its newly launched fund – Jih Sun Vietnam Opportunity Fund (JSVOF).

Founded in 1997, the JS boasts 25 years in the financialindustry and is listed as one of the leading asset managers in Taiwan (China).

As advisor, VinaCapital provides its expertise andexperience as a long-time investor in Vietnam to JSVOF’s managers, who havealready constructed a portfolio consisting of the stocks of leading andfastgrowing Vietnamese companies. In 2021, VinaCapital’s Vietnam-domiciledopen-ended equity funds led the industry, outperforming the benchmark VN Index.

A corner of Ho Chi Minh City (Photo: VNA)

Richard Kao, JS Chief Investment Officer, said as quoted inthe release that “Vietnam’s potential is something Taiwanese companies haveknown for several years now – they have been leading investors in foreigndirect investment. But until very recently, Taiwanese retail investors have hadfew options to participate in the growth of this dynamic market, which is what promptedus to launch JSVOF. We believe Vietnam’s post-COVID reopening this year shouldoffer a relatively good market timing to launch the Taiwan-domiciled publicfund JSVOF.”

“We always welcome more investment into the country and areready to assist foreign investors interested in doing so,” Taylor said./.

VNA