Japan Asia Group will set up two funds in Vietnam and Japan in cooperation with Vietnamese partners, Thang Long Securities, a transaction agent for the funds in Vietnam, said in a press release today.
The Vietnam Dream Fund, to be set up in Japan, will have an initial size of $60 million, and the MB Japan Asia Fund in Vietnam will start with 200 billion dong, according to the statement sent by e-mail in Hanoi today.
The two funds will start operating in June.
Japan Asia Group, partners to set up 2 funds in Japan, Vietnam
Japan Asia Group will set up two funds in Vietnam and Japan in cooperation with Vietnamese partners, Thang Long Securities.
Source: Bloomberg
