S.Korean to Debut Credit Fund in Vietnam in Apr-end
The Securities Investment Agency of South Korea will set up its first investment fund with capital of some US$50 million in Vietnam called KITMC Vietnam Growth Fund by the end of April.
This is the first time that South Korea has ever established such a credit fund in Vietnam.
In a bid to acquire US$50 million, the fund has started receiving investment from Korean investors.
As projected, the funds will be injected into different sectors including state owned enterprises, private companies, shares, and bonds.
The country has recently registered four new foreign funds including a fund from Switzerland with capital of US$50 million, a Czech fund with US$20 million and a fund from Japan.
Investment
Vietnamese
