Ha Noi (VNA) – A Viet Nam-Japan Investment Fund has been established with a capital of 100 million USD, the Corporation for Financing and Promoting Technology (FPT) announced on November 27.
The fund was set up under a joint partnership between FPT and Tokyo-based SBI Holdings Inc.
The fund, managed by the FPT Capital, will be involved in the equitisation of State-owned enterprises.
It will be involved in the finance and banking sectors and has the potential to expand in areas such as science, information technology and Internet services.
Apart from managing the Viet Nam-Japan investment fund, the FPT Capital plans to provide fund management services and investment lists for both domestic and foreign investors, according to FPT Capital General Director Phan Duc Trung.
The Viet Nam-Japan fund will also help to pave the way for Vietnamese businesses to penetrate deeper into the Japanese market, according to SBI Holding Inc Director General Yoshitaka Kital.-Enditem
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