Vietcombank Fund Management is a joint venture between Franklin Templeton Investments and the Bank for Foreign Trade of Vietnam. Franklin Templeton is an internationally recognized investment firm and a pioneer in emerging market investments and Vietcombank is Vietnam’s leading financial institution.

VCBF offers access to a range of investment opportunities in Vietnam. The institutional private equity business currently manages three active funds and intends to launch further funds in the near future. VCBF also provides asset management services, where the current focus is on discretionary portfolio management. VCBF plans to launch a suite of public equity products once regulations permit.

VCBF has assembled a management and investment team with many years of experience in local and international finance. Our strong relationships with local companies provide value to investors through an in-depth knowledge of our targeted investee businesses and are of significant importance in the assessment and sourcing of attractive investments.

VCBF was established under the license No 06/UBCK-GPHÐQLQ issued on 2nd December 2005 by the State Securities Commission of Vietnam. Franklin Templeton became VCBF’s foreign partner with its acquisition of Viet Capital Holdings in February 2008.

The fund management business in Vietnam is evolving quickly and VCBF recently added Asset Management services to its suite of products. Discretionary portfolio management services are now available for discerning domestic companies and international investors. (...more)

The Bank for Foreign Trade of Vietnam ("Vietcombank”)

Vietcombank holds a 51% stake in VCBF and is widely regarded as Vietnam’s premier banking institution due to its broad capabilities and the central role it plays in Vietnam’s banking sector. It is the third largest banking group in terms of Total Assets and the most profitable universal banking and financial services group in Vietnam.

Vietcombank is a market leader in corporate banking, trade finance, international payments and card services. It is the prime inter-bank lender with more than three quarters of its business in the corporate sector where it maintains more than 6,000 institutional relationships.

One of Vietcombank’s key strengths is its nationwide network of over 200 offices and 9,000 employees, which provide the bank with extensive coverage and reach throughout Vietnam. The bank listed on the Ho Chi Minh Stock Exchange in June 2009 (Ticker: VCB).

Franklin Templeton Investments

Franklin Templeton holds a 49% stake in VCBF and is one of the world’s largest investment management organizations, with AUM in excess of $694 billion as at 28 Feb 2011. The organization has offices in more than 35 countries and product offerings in more than 170 countries.

The group has a long history of investing in emerging markets. The Templeton Emerging Markets Group (“TEMG”), led by Dr. Mark Mobius, has extensive reach and a strong presence in Asia with six of its 14 offices and 13 portfolio managers dedicated to the region.

Franklin Templeton was among the earliest foreign fund investors in Vietnam with the launch of its Templeton Vietnam Opportunities Fund and the establishment of a Vietnam office in February 1995. Presently, activities in Vietnam are assisted by its Ho Chi Minh City research office and involvement in VCBF.

Franklin Templeton provides extensive support to VCBF through the sharing of investment knowledge and management expertise in many areas.