According to the SSC, many scammers have used names, logos and information of some fund management companies, such as Dragon Capital Vietnam Fund Management Joint Stock Company and VinaCapital Fund Management Joint Stock Company, to set up websites and social media accounts to access investors' assets.
SSC advises investors to check and compare information before trading or investing according to information on websites or accounts on social networks. Investors can also learn about investment services and products of fund management companies licensed by the SSC at the companies websites.
Dragon Capital is managing many famous funds, investing heavily in Vietnamese banking, retail and real estate stocks with a total value of billions of USD. The total assets that Dragon Capital Group is managing is about 4 billion USD, with services and products aimed at both domestic and institutional foreign and individual investors.
Some notable member funds of Dragon Capital are VEIL, CTBC Vietnam Equity Fund, and DCVFM VNDiamond ETF.
Vietnam Enterprise Investment Limited (VEIL) is a closed-end fund managed by Dragon Capital, established in 1995. This is the oldest and largest fund operating in Vietnam. VEIL's net asset value reaches more than $1.6-1.7 billion. Fund certificates of VEIL are traded on the London Stock Exchange.
VinaCapital Fund Management Company (VCFM) is one of the largest investment management companies in Vietnam and has great influence in Asia in the field of investment and asset management.
The company manages assets worth $3.6 billion and has 20 years of investment experience in Vietnam.
Vinacapital's executive board consists of managing directors with extensive experience in international finance and international investment, such as Chairman of the Board of Directors Dr. Jonathan Choi; Vice President Terence F. Mahony, and Co-Founder and CEO Don Lam.
Manh Ha