Following a recent draft amendment to a Decree, investors might be
allowed to contribute capital to a real estate investment trust (REIT)
in the form of property assets, besides cash.
Fund management service was born in Viet Nam in 2003 with the
establishment of VietFund Management (VFM), a joint venture d by
Dragon Capital and Sacombank.
VinaWealth Fund Management Company JSC has launched the VinaWealth
Equity Opportunity Fund (VEOF), under the IPO granted by the Vietnam
State Securities Commission on March 14.
VinaWealth Fund Management JSC plans to launch two more open-ended funds this year after the successful launch of its first such fund last month, the VinaWealth Enhanced Fixed Income Fund.