Shinec seeks to attract green investment from Australia, boost eco-industrial parks development

Vietnam's major industrial real estate developer Shinec is stepping up engagement with international funds to attract green capital for eco-industrial park development, as part of efforts to support the country’s net-zero ambitions and improve its capacity to absorb foreign investment.

Meetings were held on Wednesday in Melbourne, Australia between representatives of the Vietnam International Financial Center in Ho Chi Minh City (VIFC-HCMC), local authorities and leading Australian investment funds, pension funds and financial institutions.

The discussions, hosted by Singapore- and Australia-based asset manager Vantage Point Asset Management (VPAM), a founding partner of VIFC, were seen as a practical step to strengthen ties with Australian partners and deepen Vietnam-Australia financial and economic cooperation.

Participants included Victoria State Minister Colin Brooks, VPAM CEO Colin Mullins, VIFC CEO Richard McClellan, Shinec chairman Pham Hong Diep, and representatives of the Vietnamese business community in Australia, alongside major Australian investors exploring opportunities in Vietnam.

Vietnam seen as attractive investment destination

Australian funds and financial institutions expressed strong interest in Vietnam’s growth prospects, citing stable economic expansion, a young population, and rising demand for modern financial services.

VPAM CEO Colin Mullins said Vietnam’s story was not only about growth but also reform, highlighting government efforts to modernize market infrastructure, improve access to foreign capital, and strengthen the legal framework.

Global capital is increasingly seeking markets benefiting from supply chain restructuring, export growth and industrial upgrading, making Vietnam a key destination for logistics, infrastructure, energy and financial services investment, he added.

Australia, meanwhile, could serve as a capital and advisory bridge, contributing through fund management, infrastructure expertise, agriculture, education, and institutional investment.

Victoria state officials said they aimed to further strengthen ties with Vietnamese localities, viewing VIFC as a channel to promote bilateral investment.

The discussions reflect a shift in Vietnam-Australia cooperation towards deeper, higher-quality, long-term capital aligned with Vietnam’s next-generation industrial development needs.

VPAM pledges $10 billion investment

A key highlight of the program was VPAM’s commitment to invest $10 billion in VIFC and Vietnam over the next five years.

The investments will focus on real estate, agriculture and fixed-income products, offering stable and predictable returns with lower risk than equities.

Mullins said Vietnam is emerging as an attractive destination for global capital due to its stable growth fundamentals, improving investment environment, and strong demand for infrastructure linked to the green transition.

The establishment of VIFC is expected to act as a modern financial intermediary, helping Vietnam access new funding sources beyond traditional channels and enhance its ability to absorb capital for breakthrough development goals.

VIFC-HCMC CEO Richard McClellan described VIFC as a “key” platform to unlock global capital flows, adding that Vietnam must accelerate infrastructure development and supporting mechanisms to sustain its strong growth momentum.

Shinec targets green finance for eco-industrial parks

Against the backdrop of a global shift towards sustainable investment, Shinec is positioning itself to tap green credit to develop eco-industrial park ecosystems.

Shinec chairman Pham Hong Diep said VIFC would play an important role in mobilizing new capital sources and improving Vietnam’s ability to effectively absorb international financial resources for breakthrough development goals.

Through its Australia visit, Shinec aims to access long-term funding, particularly green finance, to expand eco-industrial parks based on circular economy models.

Building on the success of the Nam Cau Kien Eco-industrial Park, the company plans to replicate the model in new projects such as Tien Thanh, forming regionally linked green industrial ecosystems.

Shinec also aims to develop a sustainable industrial and logistics infrastructure value chain, enhancing national competitiveness and attracting high-quality international investors.

Direct engagement with Australian investors signals a more proactive approach, not only in mobilizing capital but also in anticipating global trends in green finance and supply chain shifts.

As competition for investment intensifies, the strategy reflects a broader transition from attracting capital to building ecosystems capable of absorbing high-quality, sustainability-linked investment flows, contributing to a more environmentally responsible and long-term growth model for Vietnam.

Through this, Shinec not only seeks resources for itself but also contributes to shaping a new industrial development model for Vietnam - where economic growth goes hand in hand with environmental responsibility and long-term value.