HA NOI — Total foreign investment in the nation’s stock market has fallen to US$7 billion in 2009 from a peak of $11-12 billion in 2007, but current rates of investment represent a significant recovery from the 2008 economic crisis, State Securities Commission chairman Vu Bang told Viet Nam News. A new State Bank of Viet Nam report on foreign indirect investment showed that an estimated $1.8... 

HCMC – Shareholders of Vietnam Enterprise Investments Fund (VEIL) and Vietnam Growth Fund (VGF), both managed by Dragon Capital, on Monday decided to keep the funds active in Vietnam given the country’s good prospect. Phan Minh Tuan, deputy general director of Dragon Capital, told the Daily via phone that the outcome was beyond expectations of the fund’s management board as investors of the two... 

Following Indochina Capital in 2009, Dragon Capital is facing having to wind up one of its largest funds worth approximately $500 million. The big question is, how will local investors view this? It is no accident that most closed-end funds set a five-year timeframe for the election of divestment. It represents a typical private equity investment’s life cycle from the early stage to exit and is sufficient... 

HCMC – Dragon Capital Group Limited on Tuesday signed a cooperation agreement with Saigon Thuong Tin Real Estate Joint Stock Company, or Sacomreal, to invest in the local realty firm in a move to expand its investment portfolios in real estate. The deal allows the fund management company to become a strategic partner with the local realty firm as it will get 7.5% of 100 million shares that Sacomreal... 

Dragon Capital, the largest and most experienced foreign portfolio investor in Vietnam, will hold 7.5 percent of share capital in Sai Gon Thuong Tin Real Estate Joint Stock Co. (Sacomreal), helping the company in consultation during its operation. Under a cooperation agreement signed on June 29 in Ho Chi Minh City, Dragon Capital will encourage strategic investors both in and outside the country to...