AVCJ Private Equity & Venture Forum Vietnam Forum

Total Page:16

File Type:pdf, Size:1020Kb

AVCJ Private Equity & Venture Forum Vietnam Forum AVCJ Private Equity & Venture Forum 2019 Global Perspective, Local Opportunity SERIES Vietnam Forum May 23, 2019 | Park Hyatt Saigon, Ho Chi Minh City Now in its 3rd year, the AVCJ Vietnam Forum will continue to focus on the strengthening Vietnamese economy, which is attracting even more significant interest from investors looking to capitalize on the private equity, venture capital and real estate opportunities in this promising market. Chosen by over 200 attendees in 2018, the AVCJ Vietnam Forum is where senior business leaders from across Vietnam, Asia and the rest of the world meet for a day of discussions and debate on domestic, regional and global investment issues. Demographics of the AVCJ Vietnam Forum: 200+ 30+ 10 140+ 70+ Attendees Expert speakers Countries Organisations Senior industry professionals CERTIFIED BY THE AVCJ Vietnam Forum is now a CPD certified event CPD CERTIFICATION SERVICE 6.5 CPD points can be claimed after attending the Forum Asia Series Sponsor Co-Sponsors Join your peers www.avcjforum.com/vietnam #avcjvietnam Vietnam Forum Forum at a glance The AVCJ Vietnam Forum will focus on the Vietnamese economy, which is attracting significant interest from investors looking to capitalize on the private equity, venture capital and real estate and other opportunities in this promising market. Topic areas to be addressed: • Private market outlook for Vietnam The rise of corporate investors in the ecosystem and the rest of Asia • The evolving consumer landscape • Cross-border deal making: challenges • The latest opportunities in real estate and opportunities • Venture capital and value creation Organisations that have previously attended AVCJ Vietnam include: • 500 Startups • Deloitte • Hogan Lovells • NewQuest Capital Partners • Steadfast Group • ABB Merchant Banking • DN Legal • Hogan Lovells Lee & Lee • Northstar Group • Sumitomo Corporation • Adams Street Partners • Doosan Heavy Industries • Hotel Mazin Lafayette • Nu Advisory Asia & Oceania • Akin Gump Strauss Hauer & Construction Endowment Fund • Nullabor Holdings • Tael Partners & Feld • Dragon Capital • HSC Securities • Openspace Ventures • Tale.city • Alberta (Canada) • Dream Incubator (Japan) Corporation • Orion • The Abraaj Group Singapore Office • Duxton Asset Management • Hung Vuong Assurance • Pafilia Property • The Carlyle Group • Alibaba Group • Ecotruck Company Developers • The Executive Centre • Allens • EMPEA • IDG Ventures Vietnam • Partners Group • Tiki Corporation • Alpha King Real Estate • Entrepid • IMG Group (Singapore) • Tiki.vn Development Jointstock • Epikurean Resorts • International Finance • Patamar Capital • Tor Investment Company • EPOMI Corporation (IFC) • PEB Steel Management • AntBuddy • Eversheds Sutherland • Intralinks • Phoenix Holdings • TricorIAG Fund • Aon Risk Solutions • Excelsior Capital Asia • JD.com • Proterra Investment Administration • Asia Counsel Vietnam Law • Frasers Law Company • JupViec Partners • Triip.me Company • Freshfields Bruckhaus • Khazanah Nasional Berhad • PwC (Vietnam) • U.S. Consulate Ho Chi • Baker Mckenzie Deringer • Kiwoom Investments • responsAbility Investments Minh City • BDA Partners • Gem Hotels Group • Kiwoom Securities • Rever • Van Khanh Corporation • BEENEXT • Gerson Lehrman Group • KPMG • Reynolds Porter • Venture North Law • Brunswick Group Singapore • Kukdong Oil & Chem Chamberlain • VietFund Management • CapitaLand Vietnam • GoBear • KV Asia • RSM Vietnam • Vietnam Australia • CDH Investments • GO-JEK • KWAP • Russin & Vecchi International School • CEEC Vietnam • GrabPay • LGT Capital Partners • Saigon Securities • Vietnam Investments • Central Group • Grant Thornton • LNT & Partners Law Firm • San Marco Capital Group • CIMB Investment Bank • Hanwha Asset • Locus Capital Partners • Scommerce • Vietnam Oman Investment • Clermont Management • Marsh • SeABank Ho Chi Minh • VIISA Fund / FPT Ventures • Clover Montessori • Hebronstar Venture • Mayer Brown JSM • Seedcom • VinaCapital • Control Risks • Hendale Capital (Vietnam) • Shinhan Financial Group • Vinataba – Philip Morris • Credit Agricole CIB • HKBAV • Mekong Business Initiative • Sonus Limited, Ho Chi Minh City • CVC Capital Partners • Ho Chi Minh City - Asian Development Bank • SOPEC Branch • Dairy Farm – Guardian Securities Corporation • Mekong Capital • SSI Investment Banking • Walkers Vietnam (HSC) • Navigos Group Vietnam • Standard Chartered Bank • WeFit • DaouKiwoom Group • Hochiminh Stock JSC • Standard Chartered • White & Case • DEG Exchange • Navis Capital Partners Private Equity Managers • Women of Vietnam Breakdown of 2018 Forum: Limited Partners, Chairman / CEO / Managing Director / Other, 1% Vietnam, 14% PE / VC General Managing Partner, Partner / CIO /CFO, Other - Asia, 4% 61% Partners, 21% 12% 29% Other, 2% Hong Kong, Banks / Investment 8% Associations, Banks, 5% BY TYPE OF 3% Principal / BY TITLE BY COUNTRY COMPANY VP / Associate, Singapore 39% & Malaysia, 26% Corporates, 24% Director / Portfolio Manager / Professional Chief Representative, 20% Services, 31% Supporting Organisations Supporting Media Vietnam Forum Speakers Leading GPs and LPs confirmed are: Amit Anand Nguyen Cong Ai Founding Partner Partner JUNGLE VENTURES KPMG JinA Bae Shane Chesson Head of Corporate Venture Partner HANWHA ASSET OPENSPACE VENTURES MANAGEMENT Ryan Collins Andy Ho Managing Director Chief Investment Officer MASSMUTUAL VENTURES VINACAPITAL Neal Kok Sherrie Ortiz-Fahie Principal Director KKR BVI HOUSE ASIA Steven R. Okun Chad Ovel CEO, APAC Advisors & ASEAN Partner Representative MEKONG CAPITAL EMPEA Andrew Thompson Yotaro Tokuo Head of Private Equity Asia Pacific, Principal Head of Deal Advisory ADVANTAGE PARTNERS KPMG Pete Vo Managing Director CVC CAPITAL PARTNERS Register online at: www.avcjforum.com/vietnam Vietnam Forum Programme Thursday, May 23, 2019 14:00 The evolving consumer landscape As deal sizes inflate and new openings emerge in a 08.00 Registration and refreshments winding value chain, Vietnam’s consumer economy has started attracting a wider range of investors. Private equity 08.55 Welcome address is uniquely positioned to exploit this opportunity, with Vietnamese companies finally reaching the size where their 09.00 Opening keynote address growth capital requirements are attracting large strategic 09.30 Vietnam’s private markets: 2019 and beyond investors and international private equity. As Vietnam’s economy advances and consumer opportunity • Which technology shifts are changing the digital expands, private market investor sentiment has accelerated landscape? more rapidly than actual investment. Nevertheless, signs are • Which sectors are hot: retail, F&B, logistics, financial showing that a tipping point may be on the horizon. This is services, healthcare, and education? supported by a series of recent private equity deals which • What is the role of the nascent middle class and reveal a maturation process on several fronts. A senior investor increasingly disposable income in driving growth? panel will discuss: • What is the appetite for consumer-driven businesses? • What is the current and future role of private equity in the Vietnamese economy? • How do LPs and GPs view Vietnam against the rest of the 14:45 Networking coffee break region? • What is the landscape for deal-flow, execution, and exits? 15:30 Real estate in the mix • How to work with entrepreneurs, co-investors, LPs, and With the private equity houses in Vietnam—unlike other government officials to create win-win situations? markets—using a hybrid model with a strong real estate mix, it is no surprise that the sector is getting plenty of attention 10:30 Networking coffee break from investors. With a strong shift in urbanisation, the property market is still underdeveloped and is one of the 11:00 Cross-border deal making: Challenges and opportunities most promising in Asia. Leading experts will discuss: Vietnam is already a significant beneficiary of trade • What is the sector outlook? uncertainties in the region; and this is only intensifying in markets that have historically been the destination of • What are the challenges and opportunities? choice for strategic offshore operations. It is predicted that • How is the entertainment and leisure segment shaping up? cross-border deal making will increase as manufacturing • How does it compare with the rest of the region? powerhouses, as well as regional and global investors, shift their facilities to Vietnam or increase investment in the country. 16:15 Venture capital: Taking the lead? A panel of experts will discuss: With interest in Vietnam heating up and venture capital firms • What is the outlook affecting cross-border activity? • How will the new competition law improve cross-border helping entrepreneurs find gaps in various sectors such as deals? healthcare, education, finance, and logistics, the industry is • What are the key deal-breakers in transactions: valuation, growing steadily and has the potential to even take the lead due diligence, and post deal? in the region. An experienced panel will discuss: • What execution challenges exist in cross-border transactions? • How is the venture capital landscape developing? • What does value creation mean in a Vietnamese venture 11:45 Fireside chat capital context? 12:15 Networking lunch • What is the role of fintech in the digital economy? • Where does Vietnam fit in the Southeast Asian ecosystem? 13:15 Corporate investors on the rise The role of corporate investors, including SOEs, private 17:00 Close of conference and cocktail reception conglomerates,
Recommended publications
  • Gender Lens Investing in Southeast Asia
    GENDER LENS INVESTING I N S O U T H E A S T A S I A A Snapshot of Progress in Indonesia, the Philippines & Vietnam March 2021 About Investing in Women Investing in Women (IW), an initiative of the Australian government, catalyses inclusive economic growth through women’s economic empowerment in Southeast Asia. Investing in Women uses innovative approaches to improve women’s economic participation as employees and as entrepreneurs in the Philippines, Indonesia, Vietnam, and Myanmar through: ● Workplace Gender Equality (WGE) – We support business coalitions that work with influential businesses on shifting workplace cultures, practices, and policy barriers to achieve WGE; ● Impact Investment for Women’s SMEs – We partner with impact investors and ecosystem builders to expand market opportunities for women to incentivise and catalyse access to capital for small and medium enterprises (SMEs) to meet women’s needs; ● Influencing Gender Norms – We work with partners to positively shift attitudes and practices to support women in the work world. In collaboration with corporations and business leaders, impact investors, entrepreneurs and advocates, IW works with those who are driving change for women’s economic equality in our region. About Value for Women Value for Women (VfW) is a women-led global social enterprise that works closely with partners to design and implement research, technical assistance programmes, evaluations, tools, and blended capacity-building initiatives in Asia, Africa, and Latin America focused on impact investing and the small and medium enterprise (SME) space. VfW helps organisations to advance gender inclusion. VfW believes that women are key drivers of economic and social growth and that women’s inclusion is essential for better business outcomes.
    [Show full text]
  • (Financial Only) Date of Deal Notes
    Amount US$ Supporting Organisation SPO Cause Beneficiary Region Type of Support Date of Deal Notes (Financial Only) BigBasket is a Bengaluru-based hyperlocal grocery delivery company.The funds will be directed towards bettering their technological, analytical, and infrastructural Abraaj Capital, Sands Capital and IFC. 1 BigBasket Agriculture Other India Financial: Equity 300,000,000 2 Feb 2018 prowess, all of which will enable the company to move up the curve. BigBasket is Alibaba currently partnering with about 1800 farmers throughout the country and aims to become the ‘most preferred partner’ for up to 3000 of them. Ricult lifts smallholder farmers in Thailand out of poverty through a data-driven 2 Asia Social Innovation Awards Ricult Agriculture Other Thailand Financial: Prize Money 9,100 3 Feb 2018 decision support mobile platform that helps the farmers improve farming productivity and reduce farming cost, resulting in higher income. Britain’s Prince Charles has launched a new 10-million-dollar Development Impact Bond (DIB) to help improve education for over 200,000 children in India. The DIB, 3 British Asian Trust Development Impact Bond (DIB) Education Children and Youths India Financial: Debt 10,000,000 8 Feb 2018 the largest bond of its type in South Asia, is the latest fundraising initiative by the British Asian Trust (BAT), set up by the royal 10 years ago to fight poverty in South Asia. Ride Jakarta is a boutique fitness and indoor cycling studio. They will use the East Ventures, Intudo Ventures, PT 4 Ride Jakarta Health Other Indonesia Financial: Equity 500,000 1 Feb 2018 proceeds from the latest financing round to expand its physical fitness studio Prasetia Dwidharma network, develop digital content for offsite users and hire new staff.
    [Show full text]
  • Powered by People UOB’S Wee Yap Yeo on SE Asia Mezzanine Strategy Asian Regulators, Vcs Grapple with the Crowdfunding Phenomenon? Page 7 Page 15
    Asia’s Private Equity News Source avcj.com September 16 2014 Volume 27 Number 34 EDITOR’S VIEWPOINT The uncertain world of China short-selling Page 3 NEWS Ardian, Baidu, Baring, Fosun, Gobi, KKR, Macquarie, MSPEA, Redbright, Partners Group, Permira, PEP Page 4 FUNDS Leapfrog raises $400m financial services fund Page 12 DEAL OF THE WEEK Standard Chartered taps chemical tanker demand Page 13 INDUSTRY Q&A Powered by people UOB’s Wee Yap Yeo on SE Asia mezzanine strategy Asian regulators, VCs grapple with the crowdfunding phenomenon? Page 7 Page 15 FOCUS DEAL OF THE WEEK Shop till they drop? Service with a smile Alibaba, Rocket and online retail overseas Page 10 Mekong makes 9x on Vietnam dining deal Page 13 Private Equity & Venture Forum Taiwan 2014 20 November • Westin Taipei GLOBAL PERSPECTIVE, LOCAL OPPORTUNITY avcjtaiwan.com Join the leading private equity Simultaneous translation is available conference in Taiwan! 活動全程提供 中英文同傳。 reasons to attend 5 : Gain insights from the world’s leading private equity firms and local market leaders Network and collaborate with like-minded industry professionals Understand latest policy developments and the impact on your business Explore the hot sectors with senior industry practitioners Examine the implications of the latest and future industry trends BY TYPE OF COMPANY BY TITLE BY COUNTRY China Managing Director / 3% Partner / CFO, GPs 22% Hong Kong LPs 12% Principal / VP / Japan Associate, 1% 50% Director / GM / Taiwan Chief Rep., 80% 19% Limited General Chairman / CEO / President, Singapore Partners,
    [Show full text]
  • MAPAN: Driving Impact from Birth Beyond Exit
    MAPAN: Driving Impact from Birth Beyond Exit The story of a successful impact VC investment in Southeast Asia Private Equity Class – Section AB Group 7 • Hongmin Choi • Roy Chen • Peter Peng • Ruilong Guo • Vikram Maran • Yu Zhang INSEAD MBA 20D Class – Private Equity Executive Summary This case describes how PT Rekan Usaha Mikro Anda (“PT RUMA,” “RUMA,” or known by its trading name “Mapan”), a social enterprise in Indonesia, leveraged the support from Impact VCs and grew from a small tech start-up to a pan-Indonesia presence that was eventually taken over by Gojek. Apart from making a significant social impact by lifting millions of poor Indonesian families out of poverty, the deal represents one of the earliest successful impact VC investments and one of the largest impact VC deals to date in Southeast Asia. It continues to encourage and attract more impact VC capital to flow into this part of the world. Aldi Haryopratomo, the co-founder and CEO of PT RUMA, embarked on the journey to support the poor by establishing a technologically empowered micro-franchise and micro- finance ecosystem in rural areas of Indonesia. Impact investors such as Patamar Capital and Omidyar Network were instrumental in helping Aldi and his team develop the RUMA (micro- franchising network selling mobile airtime to rural villagers) platform and scale the subsequent Arisan Mapan (microfinancing & online shopping) platform. The case also covers entrepreneur/founder Aldi and key investors’ reflections of the journey as well as the key factors that led to the Company’s success. 1 INSEAD MBA 20D Class – Private Equity Contents Executive Summary ................................................................................................................................
    [Show full text]
  • The Landscape for Impact Investing in Southeast Asia Acknowledgments
    THE LANDSCAPE FOR IMPACT INVESTING IN SOUTHEAST ASIA ACKNOWLEDGMENTS This project was generously supported by Investing in Women, an initiative of the Australian government. This report was made possible through the contributions of many individuals, both within and beyond Southeast Asia. We would especially like to thank all the interviewees that gave their time, expertise, and data during the course of this study. Without their key insights, this report would not have been possible. We would also like to thank Giselle Leung, Anantha Natalegawa, Katrina Ngo, Annie Olszewski, Aliana Pineiro, Kathryn Savasuk, Aditi Sethi, Sapna Shah, and Anil Sinha for review and input. GIIN Advisory Team Abhilash Mudaliar, Research Director Rachel Bass, Research Senior Associate Hannah Dithrich, Research Associate Jennifer Lawrence, Communications Associate Intellecap Advisory Services Mukund Prasad, Associate Partner Stefanie Bauer, Associate Partner Amar Gokhale, Manager Shreejit Borthakur, Senior Associate Harish Reddy, Senior Associate AUGUST 2018 COMMON ACRONYMS ADB Asian Development Bank IT Information Technology ANDE Aspen Network of Development LGBT Lesbian, Gay, Bisexual, and Transgender Entrepreneurs LP Limited Partner ANGIN Angel Investment Network Indonesia MFI Microfinance Institution ASEAN Association of Southeast Asian Nations NGO Non-Governmental Organisation AVPN Asian Venture Philanthropy Network OPIC Overseas Private Investment Corporation BKPM Badan Koordinasi Penanaman Modal PDR People’s Democratic Republic (Government of Indonesia’s
    [Show full text]
  • Special Evaluation Study on Private Equity Fund Operations
    Evaluation Study Reference Number: SST: REG 2008-17 Special Evaluation Study July 2008 Private Equity Fund Operations Operations Evaluation Department ABBREVIATIONS ADB – Asian Development Bank AIG – American International Group AISF – AIG Indian Sectoral Fund APVL – Asia Pacific Ventures Limited ASEAN – Association of Southeast Asian Nations CAGR – compound annual growth rate CalPERS – California Public Employees Retirement System CAPE – country assistance program evaluation CAPM – capital asset pricing model CLASS – comprehensive loan administration and servicing system CPS – country partnership strategy CSP – country strategy and program CTL – Controller’s Department DMC – developing member country EBRD – European Bank for Reconstruction and Development EMPEA – Emerging Markets Private Equity Association ESHS – environmental, social, health, and safety FDI – foreign direct investment FIRR – financial internal rate of return GDP – gross domestic product HQPV – H&Q Philippine Ventures Incorporated ICICI – Industrial Credit and Investment Corporation of India ICT – information and communication technology IFC – International Finance Corporation IL&FS – Infrastructure Leasing & Financial Services Limited IVCL – IL&FS Venture Capital Limited LAPIC – Lombard Asian Private Investment Company LNWCEI – Liberty New World China Enterprises Investments MDB – multilateral development bank NPL – nonperforming loan OED – Operations Evaluation Department OGC – Office of the General Counsel OIST – Office of Information Systems and Technology PAU – Project
    [Show full text]
  • Scaling Impact
    Scaling Impact Blueprint for collective action to scale impact investment in and from Australia Written by: Rosemary Addis, Fabienne Michaux, Sally McCutchan with contributions from the Australian Advisory Board on Impact Investing Aspects of this report, including Part II, were informed by the Global Steering Group for Impact Investment Working Group Report: The Impact Principle: Widening Participation and Deepening Practice for Impact Investment at Scale Part II was workshopped with organisations from across the impact investment ecosystem, acknowledged in this report Part III issue brief on place based impact investment was co-created with Carolyn Curtis, Ingrid Burkett and team at The Australian Centre for Social Innovation Project coordination and research from Naomi Wilkie on secondment from the NSW Treasury; research assistance from Poppy Cluett and Ned Efe, Impact Investing Australia © Impact Investing Australia, 2018 ISBN: 978-0-6482749-1-9 BY Creative Commons Attribution 4.0 International Licence Excepting source material and where otherwise noted, all material presented in this document is provided under a Creative Commons Attribution 4.0 International licence. Licence conditions are on the Creative Commons website as is the legal code https://creativecommons.org/licenses/by/4.0/ legalcode. You must give appropriate credit, provide a link to the licence, and indicate if changes were made. You may do so in any reasonable manner, but not in any way that suggests the licensor endorses you, your organisation or your use. Disclaimer This document has been developed by Impact Investing Australia Ltd with and on behalf of the Australian Advisory Board on Impact Investing. The views expressed represent a consensus view of those involved informed by consultation with practitioners and stakeholders, research relating to the Australian and global context, and international collaboration.
    [Show full text]
  • Quarterly Review a Publication of the Emerging Markets Private Equity Association ● Volume V, Issue 2, Q2 2009 June 2009
    Emerging Markets Private Equity Quarterly Review A Publication of the Emerging Markets Private Equity Association ● Volume V, Issue 2, Q2 2009 June 2009 Viewpoint In This Issue The first half of 2009 has been a dismal time for private equity and venture capi- tal firms worldwide, and emerging markets PE fund managers are seeing their FEATURES share of challenges. The recent upswing in the emerging markets stock indices gives hope that the impact of the financial crisis has already hit bottom in these markets, ahead of developed countries. But even if this trend holds—and it is not Plugging the Financing Gap: yet clear it will—private equity and venture capital fund managers in developing Is There a Growing Role for countries are not out of the woods yet. Mezzanine and Debt Funds? 3 Fundraising for EM PE remains very difficult, with Q1 2009 totals down 71% year-on-year, with no clear rebound in sight. LPs retain a positive outlook for new 2009 LP Survey Results: EM PE investment opportunities and expect outperformance from legacy and LPs Still Find Emerging Markets new funds relative to developed market buyouts. However, near-term financing Private Equity Attractive Despite constraints among many Western LPs will limit their ability to commit substantial Global Economic Downturn 8 funds to the asset class this year. In the midst of this crisis, the financing gap for developing market companies is Fundraising and Investment raising its head, as equity and debt availability is constrained. Fund managers and Slows in Q1 2009 11 development finance institutions are looking at innovative ways to fill the gap us- ing debt and mezzanine fund structures and vehicles, but these nascent efforts are not yet off the ground.
    [Show full text]
  • GOVERNANCE in EMERGING MARKET PRIVATE CAPITAL a Practical Resource for Investors and Fund Managers
    2019 GOVERNANCE IN EMERGING MARKET PRIVATE CAPITAL A practical resource for investors and fund managers A product of the Governance Working Group of the EMPEA ESG Community Governance in Emerging Market Private Capital 1 About the EMPEA ESG Community EMPEA’s Board of Directors Robert Petty (Chairman) The EMPEA ESG Community is open to all individuals at EMPEA Co-Founder Clearwater Funds / Co-CEO and Co-CIO Fiera Capital (Asia) member firms who have an active interest in environmental, social, Clearwater Funds / Fiera Capital (Asia) and governance issues (ESG) in the emerging market space. This Nicolas Rohatyn (Vice Chair) Community provides a platform to share resources and advice Chief Executive Officer & Chief Investment Officer The Rohatyn Group with EMPEA members considering how to build and/or expand Runa Alam their ESG management strategy and offers practitioners and Co-Founding Partner & Chief Executive Officer experts a forum to advance the development of ESG best practices Development Partners International through information exchange, research, and the aggregation and Fernando Borges development of innovative resources. Managing Director & Co-Head of Carlyle South America Buyout Group The Carlyle Group Project Team Torbjorn Caesar Senior Partner Hany Assaad, Co-Founder and Chief Portfolio and Risk Officer, Avanz Actis Capital Drew Guff Abir Attia, Director, Responsible Investing, AfricInvest Managing Director & Founding Partner Michael Casey, Founder and Managing Director, Portico Advisers Siguler Guff & Company Walter Van
    [Show full text]
  • Driving Vietnam's Economic Growth– the Role of Private Equity
    Driving Vietnam’s economic growth– the role of private equity and venture capital AVCJ Vietnam Forum 2017 Ho Chi Minh City, May 25, 2017 © Reddal Inc. This material is Reddal proprietary. Key messages Despite rapid growth and foreign investment, Vietnam’s economy (like many of its peers in SEA) remains vulnerable due to weak local supporting industries Vietnam’s private equity sector is still small and volatile but a vibrant ecosystem is starting to shape up, partially due to government support Finding good deals and driving systematic value creation continue to be challenging for private equity players – it is still about finding the “right opportunistic deal”, and there is room for more active HR, process, top- and bottom-line performance improvement Vietnam has promise but requires transparent policy – consumer- and technology-driven sectors have potential, and private equity could have a big economic impact if actively and transparently engaged in SOE reforms © Reddal Inc. This material is Reddal proprietary. 2 After Đổi Mới* reform, Vietnam experienced rapid growth, peaking at double digit GDP growth in 1995 GDP and GDP growth in Vietnam GDP growth (annual %) Asian GDP (current US$) financial crisis Increasing Mismanagement of export Global BTA** signed with financial SOEs and (BUSD) U.S. and increasing privatization reform crisis (%) FDI and export started 10 194 200 9 186 10 Đổi Mới 9 9 171 9 8 8 reform 156 7 8 8 8 7 136 150 7 7 7 7 6 6 106 6 6 7 6 6 6 6 116 6 5 5 5 5 5 5 99 100 5 4 4 77 66 4 3 58 49 3 50 43 37 34 35 38 27 29 2 26 25 21 25 27 14 13 16 6 6 10 10 1 0 0 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 *:Đổi Mới is the name of the major economic reforms started in Vietnam in 1986 to create a socialist-oriented market economy.
    [Show full text]
  • Vietnam Forum
    AVCJ PRIVATE EQUITY & VENTURE FORUM 2021 SERIES Global perspective, local opportunity Vietnam Forum May 27, 2021 | 09.00 - 17.00 ICT , Online The 4th annual AVCJ Vietnam Forum will bring together over 350 leading institutional investors, private equity and venture capital professionals, and industry experts from Vietnam and beyond for an in-depth one-day discussion on one of the bright spots in the region. The program will feature a series of panels and keynotes on the current private equity landscape in Vietnam, cross- border opportunities amid the pandemic, the growing venture scene and sectors to watch in the upcoming year. The virtual forum will 350+ 100+ 30+ bring together: Delegates Limited Partners Speakers Co-Sponsors www.avcjforum.com/vietnam #avcjvietnam Vietnam Forum Key features of the immersive virtual pass All of us in the industry are striving to find the new normal to maximise our business capabilities and AVCJ Vietnam Forum is offering a virtual platform to accommodate all your needs. The virtual pass is the ideal solution if you want to access the best content and community in private markets with a special focus on driving interaction and networking connecting you with the people you want to meet. Video Audience Watch Live meetings Interaction Your front row seat to watch Chat and catch-up for a face-to- Our proprietary online platform panel discussions, presentations face video call with your 350+ enables you to take part in live Q&A and fireside chats from thought fellow participants. Promote your sessions and audience polls. Get leaders. fund and services to the people the in-depth answers in real-time.
    [Show full text]
  • PROJECT SAGE TRACKING VENTURE CAPITAL with a GENDER LENS Suzanne Biegel, Sandra M
    PROJECT SAGE TRACKING VENTURE CAPITAL WITH A GENDER LENS Suzanne Biegel, Sandra M. Hunt, Sherryl Kuhlman OCTOBER 2017 TABLE OF CONTENTS PROJECT SAGE TRACKING VENTURE CAPITAL WITH A GENDER LENS Table of Contents Introduction 03 Executive Summary 04 Research Approach 06 Key Findings 10 Gender Lens Investing: a Dynamic New Field 10 Women Deploying Capital 12 Te Geography of Capital 14 Sector and Tematic Trends 15 Investment Vehicle Innovation 16 Important, Adjacent Actors in the Ecosystem 18 Looking Ahead 20 Acknowledgements 21 Te Data 22 2 INTRODUCTION About The Wharton Social Impact Initiative Te Wharton Social Impact Initiative is committed to strengthening the positive impact of business and capital markets. In collaboration with Wharton faculty, we are building the evidence base to guide impact investors* in achieving positive returns and positive impact and training the next generation of leaders in business and fnance. Through our research, training, and outreach, we are growing the community of business leaders, investors, advisors, and scholars working to increase the positive social and environmental impact of business and capital markets. WSII has been researching impact investing in 2013. Our research reports include the industry-shaping “Great Expectations: Mission Preservation and Financial Performance in Impact Investing,” which examined financial returns and mission preservation upon successful exit from impact investing funds. *Impact investing is investing that aims to generate specific beneficial social or For the past several years we have explored gender lens investing** as one environmental efects in addition topical theme of particular interest. to financial gain. **Gender lens investing is the deliberate incorporation of gender factors into ABOUT SUZANNE BIEGEL investment analysis and decisions.
    [Show full text]