During the official launch ceremony of Vietnam's International Finance Centre in Ho Chi Minh City (VIFC-HCMC) on February 11, Vantage Point Asset Management (VPAM), one of the leading asset management companies in Singapore and Australia, officially announced its role as a founding and development partner of VIFC-HCMC, with a commitment to mobilizing $10 billion from global institutional investors and strategic partners within five years into VIFC-HCMC.

VPAM’s representative declared that the company would play a pioneering role in promoting the development of Vietnam's financial system by attracting talent, mobilizing large-scale capital, and building modern investment platforms.

The committed capital will be allocated to key sectors such as infrastructure, real assets, and strategic fixed income investments.

VPAM is also set to establish an institutional asset management platform at VIFC-HCMC, where Vietnam's domestic financial products will be introduced and promoted to attract capital flows from international investors.

This platform is expected to serve as a bridge between the Vietnamese market and major financial centers such as Singapore, London, the Middle East, and Australia. Additionally, VPAM also plans to establish an international agricultural finance and trading platform at VIFC-HCMC, leveraging Vietnam's advantages in agriculture to expand export and investment opportunities.

"Vietnam is emerging as a high-growth economy, particularly within the infrastructure and energy sectors," said Colin Mullins, Group CEO of VPAM. "We are committed to collaborating with the VIFC to transform this vision into a reality, leveraging our global expertise to integrate local markets with the international financial community."p

Founded in 2017, VPAM is regulated by the Australian Securities and Investments Commission (ASIC) and holds a Capital Markets Services (CMS) license from the Monetary Authority of Singapore (MAS).

Recently, the company has worked with Khanh Hoa province in central Vietnam to explore investments in infrastructure and green energy in the province, affirming the company's growing interest in the Vietnamese market.