VinaCapital and Maybank Kim Eng host Corporate Day in London

March 09, 2018 | 09:30
(0) user say
VinaCapital and Maybank Kim Eng Securities co-organised Vietnam Corporate Day in London on March 7-8, introducing top listed firms in Vietnam to 100 institutional investors around the world.
vinacapital and maybank kim eng host corporate day in london
VinaCapital and Maybank Kim Eng have successfully hosted Vietnam Corporate Day in London

The event was attended by Tran Ngoc An, Vietnamese Ambassador to the United Kingdom, and about 100 institutional investors whose total assets under management exceeds $7 trillion. Senior leaders from the Ho Chi Minh City Stock Exchange and a select few of Vietnam’s listed companies also joined the event, including Coteccons, FPT Retail, HDBank, Phu Nhuan Jewelry, Eximbank, and Vietjet.

The investors listened to presentations from the Vietnamese companies, as well as from the Ho Chi Minh City Stock Exchange, VinaCapital, and Maybank Kim Eng.

In particular, the Ho Chi Minh City Stock Exchange provided a detailed overview of how the Vietnamese capital market has grown and what the next steps in its development will be, while VinaCapital discussed Vietnam’s macroeconomic landscape and where the fund sees opportunities in the market. Representatives from Maybank Kim Eng, meanwhile, provided a more detailed look at Vietnam’s stock markets and the catalysts driving continued growth.

vinacapital and maybank kim eng host corporate day in london
More than 100 insitutional investors joined the event to hear about Vietnam's top companies

Investors at the Corporate Day event noted that the Vietnamese stock market has become an attractive destination for global funds thanks to solid progress in the equitisation programme of state-owned enterprises and the government’s openness to foreign investment.

More direct discussions between companies and investors were arranged during the last part of the event.

vinacapital and maybank kim eng host corporate day in london
Representatives from VinaCapital, Maybank Kim Eng, and other delegates at the event

“We are honoured to work with VinaCapital to promote the Vietnamese stock market and some exciting Vietnamese business to the international investment community. The success of Vietnam Corporate Day is a remarkable contribution to enriching investment in Vietnam,” said Kim Thien Quang, CEO of Maybank Kim Eng Vietnam.

Similarly, CEO of VinaCapital Don Lam stated that the event is in line with the fund’s efforts over the past 14 years to promote Vietnam’s growth and facilitate direct discussions between global investors and Vietnamese businesses.

“From the success of Vietnam Corporate Day, I believe more investors will take notice that Vietnam is open for business and participate in more opportunities to take Vietnamese companies to the next stages of growth and improve their competitiveness in the ASEAN and the world,” said Don Lam.

On March 5, the London-listed Vietnam Opportunity Fund, managed by VinaCapital, entered the FTSE 250 Index.

vinacapital and maybank kim eng host corporate day in london VinaCapital spends $32.5 million on egg and poultry firm Ba Huan
vinacapital and maybank kim eng host corporate day in london VinaCapital injects $45 million into oil and power stocks
vinacapital and maybank kim eng host corporate day in london Maybank Kim Eng believes ASEAN has momentum

By Nam Phuong

What the stars mean:

★ Poor ★ ★ Promising ★★★ Good ★★★★ Very good ★★★★★ Exceptional