About Us 2017-08-04T15:02:02+00:00

Founded in 2003, VinaCapital is one of Vietnam’s leading investment management and real estate development firms, with a diversified portfolio of USD1.8 billion in assets under management. Our mission is to produce superior returns for investors by using our extensive knowledge, networks, and creativity to identify and capitalise on the many opportunities emerging in Vietnam.

Led by senior executives with extensive experience in international finance and investment management, VinaCapital’s industry-leading professionals cover the full range of traditional and alternative asset classes including listed equity, private equity, venture capital, fixed income, and real estate.

VinaCapital manages three closed-end funds listed on the London Stock Exchange:

Other funds include:

VinaCapital strives to provide the highest quality investment products, strategic financing and real estate development services across all major industries in Vietnam.

Our corporate identity is best summarised by the following two slogans:

“Taking Vietnam to the world”
VinaCapital is a leading commercial ambassador for Vietnam, promoting trade and investment in Vietnam with partners around the world. We work to ensure existing and potential investors are aware of and accurately understand the nature of Vietnam’s investment opportunities.

“A Catalyst for growth”
VinaCapital is a catalyst supporting Vietnam’s economic development. We help introduce new ideas, approaches, products and technologies into Vietnam while providing the leadership and management support necessary to ensure international standards are successfully merged with the dynamism and entrepreneurial spirit that are the hallmark of Vietnam’s business culture.

Don Lam
Don LamChief Executive Officer
Don Lam, a founding partner of VinaCapital, has worked in Vietnam for more than two decades. He has overseen VinaCapital’s growth from manager of a single USD10 million fund in 2003 into a leading investment management and real estate development firm in Southeast Asia.
Andy Ho
Andy HoChief Investment Officer
Andy Ho is Managing Director and Chief Investment Officer of VinaCapital, where he oversees the listed equity, private equity, fixed income and venture capital investment teams.
Brook Taylor
Brook TaylorChief Operating Officer
Brook Taylor has over 22 years of management experience, including 19 years in Vietnam as a senior partner with major accounting firms. Previously, Mr Taylor was Deputy Managing Partner of Deloitte in Vietnam and head of the firm’s audit practice.
David Blackhall
David BlackhallManaging Director, Real Estate
David Blackhall has 28 years’ experience in property, design and construction, with the last 20 years in real estate fund and asset management. Prior to joining VinaCapital in 2007 he worked for a Vietnamese property developer based in Hanoi, as well as 12 years with Deutsche Bank – RREEF Funds Management Ltd, one of Australia’s largest property fund managers.
Thu Nguyen
Thu NguyenManaging Director, VCG Vietnam Partners' Fund
Thu is among Vietnam’s very few professionally trained fund managers. Thu has over 12 years of investment and fund management experience in Asia, with former employers including DBS Bank, DBS Asset Management (Singapore), and BankInvest Group (Denmark). Before joining VinaCapital, Thu was CEO and CIO at Vietnam Asset Management.
Thai Nguyen
Thai NguyenManaging Director, Wealth Management
Thai holds 12 years experience working first as a management consultant for Monitor-Deloitte and as an investment professional with VinaCapital Corporate Finance and the Vietnam Investment Group. She holds an MBA from Wharton and a a BA from Harvard University.
Phuc Than
Phuc ThanManaging Director, Venture Capital
Mr Than is one of Vietnam’s most experienced technology executives, having worked at Intel for 23 years, including leading Intel Vietnam since 1999. Mr Than started with Intel in 1986 as a Market Development Engineer and over the next 13 years assumed several technical and marketing positions at Intel headquarters in Santa Clara, California, USA.
Christopher Fitzwilliam-Lay
Christopher Fitzwilliam-LayManaging Director, Business Development
Christopher Fitzwilliam-Lay has over 25 years of experience in investment banking and asset management, mainly in emerging markets in Asia, Latin America and Eastern Europe. He was previously the Managing Director of HSBC Investment bank.

VinaCapital is committed to following the highest global corporate governance standards in all areas of its business, including policies, procedures and guidelines for ethics, operations, financial control, reporting and risk management. We strive to apply these practices not only in our own company, but at companies in which we invest.

Our listed funds, which have their own investment mandates, require well-defined controls and board oversight to ensure that fiduciary duties to shareholders and investors are conscientiously fulfilled. We have established policies and procedures to handle potential conflicts of interest and other ethical issues in a fair and transparent manner. We follow the regulations of the stock exchanges on which our funds trade as well as those of the United Kingdom, among others.

Managing risk is a critical element of the company’s overall business strategy and has been a key contributor to its success. We have dedicated experts performing strategic economic and political analysis and forecasting, which forms the basis for investment and operating strategies across the company. Risk is managed at the investment, portfolio and group levels through enterprise-wide risk management processes.

We believe having comprehensive corporate governance policies in place is vital to ensure client, stakeholder, and market trust in the VinaCapital name.

Being an active and responsible corporate citizen has long been a priority for VinaCapital. We are committed to making a positive impact not only for our stakeholders but in the broader community in which we live and work.

The VinaCapital Foundation (VCF) was established as a way to play a leading role in fostering philanthropy and promoting social responsibility across Vietnam, among individuals, NGOs, provincial and municipal governments and other corporations. Its mission: to help alleviate poverty and raise the status of the poor in Vietnam through medical and higher education programs. Since its founding in 2006, VCF has raised millions of dollars for a range of initiatives, which have provided life-saving heart surgeries for hundreds of children, furthered the educations of several dozen girls from minority hill tribe communities and provided critical equipment and training to hospitals, clinics and healthcare professionals across Vietnam.

VCF is a US-registered 501(c)(3) not-for-profit, tax deductible organization licensed as an international NGO in Vietnam. VinaCapital pays for all VCF overhead costs – 100% of all donations go directly to program work.

Don Lam - Chief Executive Officer

“Our mission is to produce superior returns for investors by using our experience and knowledge to identify the key trends and opportunities that emerge as Vietnam’s economy continues to develop.