Dragon Capital invests $83m in Vietnam’s housing developer Vinhomes

Vinhomes Times City residential buildings, developed by Vingroup JSC, stand near the entrance to Vincom Mega Mall Times City in Hanoi, Vietnam. Photographer: Brent Lewin/Bloomberg

Dragon Capital, a Vietnam-focused group of investment funds, invested $83 million in Vinhomes JSC, the housing development unit of Vingroup, in May through two its investment arms Vietnam Enterprise Investments Limited (VEIL) and Vietnam Equity Fund (VEF), according to its latest report.

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