3/14/2006
The US-based Vietnam Partners group's top executives pledged investment in Vietnam and sought the Government's help in smoothing the path for their plan during their meeting with Prime Minister Nguyen Tan Dung in Hanoi on June 1.
VIF is the largest domestic fund raised to-date in Vietnam. The first closing was on March 14, 2006 at US$70 million commitment. The final closing is set to be in one year later and target US$100. VIF's partial list of investors includes: Vietnam National Coal – Mineral Industries Group (Vinacomin), Vietnam Shipbuilding Industry Corporation (Vinashin), Song Da Construction Corporation, Saigontourist, Hanoi Urban Development Corporation (HUD), Financing and Promoting Technology Corporation (FPT), Vietnam Post and Telecommunication Corporation (VNPT), BIDV, and Vietnam Partners.
