Singapore-based VPAM pledges up to $10 bln for Vietnam International Financial Center-linked investments

Singapore-based Vantage Point Asset Management (VPAM) has committed to mobilizing up to $10 billion over the next five years for investments linked to Vietnam’s International Financial Center (IFC), with a primary focus on Ho Chi Minh City, as the country seeks to position itself as a regional financial hub.

The commitment was announced on Wednesday at the official launch of the Vietnam International Financial Center in Ho Chi Minh City (VIFC-HCMC), where VPAM was introduced as a founding and development partner.

VPAM said it targets to raise the capital from global institutional investors and strategic partners during the initial five-year phase. The funds will be deployed across infrastructure, real assets and strategic fixed-income investments, with priority given to projects within the IFC HCMC.

Speaking at the event, CEO Colin Mullins said Vietnam’s high growth trajectory, particularly in infrastructure and energy, makes it increasingly attractive to long-term institutional capital.

“Vietnam is emerging as a compelling destination for global investors, and we are committed to working with VIFC to turn this vision into reality,” Mullins said, adding that VPAM has worked closely with IFC HCMC leadership in recent months to develop a capital strategy focused on bankable, sustainable projects that can deliver competitive returns while supporting Vietnam’s green transition.

As part of its broader strategy, VPAM plans to establish an institutional asset management platform at IFC HCMC to package and promote Vietnamese financial products to international investors. The platform is intended to serve as a bridge between Vietnam’s capital markets and major global financial centers including Singapore, London, the Middle East, and Australia.

The firm also plans to develop an international agricultural finance and trading platform at IFC HCMC, leveraging Vietnam’s role as a major agricultural producer to expand export financing and investment flows.

In addition, VPAM said it will open a new office at IFC HCMC to attract domestic and international talent, supporting its expansion across Southeast Asia.

Founded in 2017, VPAM is regulated by the Australian Securities and Investments Commission and holds a capital markets services licence from the Monetary Authority of Singapore. The firm currently manages about $2 billion in assets across the region.

Last month, Vietnam officially launched an international financial center in the central city of Danang, part of the “one center, two destinations” innitiative for the IFC, with hubs in HCMC and Danang.

The center, inaugurated at Danang Software Park No. 2, is designed to focus on digital finance, sustainable finance, and controlled regulatory sandboxes for new financial products and business models.