Vietnam’s capital market is attracting heavyweight investors, with total assets under management by foreign funds reaching $15.4 billion as of August 21, 2024 — equivalent to nearly 3.6% of the country’s 2023 GDP, according to Bloomberg data.
Leading the pack are long-established funds VEIL of Dragon Capital and VOF of VinaCapital, managing $1.8 billion and $1.2 billion, respectively. As these “whales” navigate Vietnam’s fast-evolving market, their strategies and capital flows continue to shape investor sentiment and market direction.
This article is a condensed and translated summary (original in Vietnamese, VN) of a feature published in the September 2024 issue of Bloomberg Businessweek Vietnam.