Global PE majors are betting on Vietnam's emerging market growth story

Global PE majors are betting on Vietnam's emerging market growth story

(clockwise from top left) Ngoc Nguyen, Vietnam Correspondent, DealStreetAsia moderates a panel with Richard Trieu Pham, President and Group CFO, Tiki; Quang Pham, Director, Crescent Group Capital Management; and Conrad Tsang, Founder & Chairman, Strategic Year Holdings Limited at the Asia PE-VC Summit 2021

Global private equity firms, which first invested in Vietnam’s top conglomerates like Vingroup and Masan, are now increasingly venturing into the smaller deals territory as the country’s technology ecosystem gets more mature, according to panelists at a country-focused discussion at the Asia PE-VC Summit 2021 organised by DealStreetAsia last week.

“It is a broader emerging market phenomenon,” said Conrad Tsang, chairman & co-founder, Strategic Year Holdings Limited, a Hong Kong-based private equity firm that has increased its investment activity in Southeast Asia.

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