1. VIETNAM ASSET MANAGEMENT TRENDS 2010
Due to the fluctuation of financial market, the Vietnam asset management industry has developed
rapidly by the variety trends in 2010
Asset management industry can be evaluated as one of the most efficient part of economic on
assisting an individual or a business to keep track of their cash or "liquid assets", and it has become
popular in U.S and Europe from 2005 (PricewaterhouseCoopers, 2010). Therefore, Capital
Management Firms also are established in Vietnam in recent years as the indispensable trend for
following the variety of asset management activities (savings accounts, mutual funds, money
market accounts, etc.) along with investments successfully.
One of the key objectives of asset management is “the right dollars, the right solution, the right
quality, in the right place, at the right time...” as the road of asset management (Austroads,
2010). In fact, the right asset management system can be utilized to make the product more readily
available, easier to produce, cheaper to ship to customers, and collect higher benefit. Following and
preserving the product is a method of asset management because the product is an asset to the
business and essential for its survival and for financial stability.
Furthermore, when Vietnam joined in WTO from 2007, asset management activities really increase
significantly and turn into the challenge for domestic business organizations as well as each
individual on raising the highest benefit form their budget. In recent years, the quick growth of most
business firms in Vietnam and rise of FDI with more 10% from $10 billion to $11 billions in 2010
(Vietnews, 2010) really requires the businessmen understand asset management and how to invest
their money well. According to Planning and Investment Minister Vo Hong Phuc said "Disbursed
capital in 2010 will be higher than in 2009 as the flows of pledges in previous years are high and
the world's economy tends to recover," (Vietnam Financial Times, 2010). Therefore, asset
management trends are essential requirement for the best investment. Moreover, the price of gold
and US dollar on Vietnam financial market always fluctuation with high rate, thus managing and
suitable investment will affect directly on each individual or business.
It is essential that understanding and following up the asset management is the vital demand in
doing business in the Vietnam market at the moment. In the recent years, VIPC Capital
Management Corp provides a diversity asset management to reach a wide range of personal demand
in order to bring most benefit for personal investor’s capital. With VIPC’s specialized expertise,
institutional investors are offered the full spectrum of investment strategies and financial analysis.
VIPC highly commits to utilize excellently the investment and perfect service in order to reach
investor’s expectation and company’s unique financial goal.
July 2010
Trang, Nguyen
VIPC Marketing Team
Email: marketingteam@vipc.com.vn
Website: http://www.vipc.com.vn