PVI AM has announced its acquisition of shares in Kinh Bắc Urban Development Corporation for 29.875 billion VND, reflecting its commitment to expanding its asset management portfolio.

Target Information

Công ty Cổ phần Quản lý Quỹ PVI (PVI AM) is a prominent asset management firm based in Vietnam, operating under the license number 55/GP-UBCK granted by the State Securities Commission of Vietnam on February 3, 2015. The company is headquartered on the 22nd floor of the PVI Tower in Hanoi, within the bustling Cầu Giấy district. PVI AM has established itself as a significant player in the asset management landscape, focusing on delivering value to its clients through strategic investments.

Industry Overview in Vietnam

The asset management industry in Vietnam is experiencing substantial growth, driven by an increasing appetite for investment opportunities among both institutional and individual investors. Over recent years, the regulatory framework has evolved, facilitating improved market access and greater transparency for investment vehicles. This has attracted a diverse range of participants, including domestic and foreign capital.

Moreover, Vietnam's economic landscape, characterized by robust GDP growth and a burgeoning middle class, has created favorable conditions for asset management firms to thrive. With an expanding range of financial instrument