An integrated group focused on Vietnam
Established in 1994 with US$16m and eight staff we are now Vietnam’s longest established independent asset manager with over US$1.5bn (as of 30 September 2016 – unaudited) in listed equity, clean-tech, fixed income and real estate for international pension and sovereign wealth funds and endowments.
For over two decades, Dragon Capital has consistently delivered on behalf of our investors, partners and stakeholders.
We are also dedicated to improving corporate governance, contributing to society, and promoting sustainable development in the countries where we invest.
Our close-knit team comprises many nationalities, skill sets and areas of expertise. The majority of our staff are Vietnamese who bring invaluable local knowledge. A company culture that rewards initiative and fosters ownership means we retain our staff for longer, and attract the best and brightest.
We seek returns that exceed the market average through a disciplined investment process that focuses on long-term growth. Everything we do is guided by a heart-felt commitment to sustainably develop the environment, society and economy of the countries in which we invest.
We combine unique local know-how, relationships and insights with international perspectives and best practices. Our investment approach is driven by close teamwork, rigorous research, and the latest financial technology and systems. Our over two decades of experience in Vietnam, and the skills and practices we have perfected there, give us a readymade advantage in the region.
Dragon Capital in the UK
Located in the UK, Dragon Capital Markets (Europe) Ltd (DCME) is the group's representative office and is regulated by the Financial Conduct Authority (FCA).
DCME FOCUSES ON MARKETING
DCME markets funds in the UK and Europe to institutional investors and organises visits and trips to Vietnam for investors
Please note that our investment threshold minimum is US$100,000 and we can only deal with professional clients and eligible counterparties.
If you have any questions about DCME or the Dragon Capital Group, please contact our UK office.
Dragon Capital is formed in Ho Chi Minh City with a team of six.
President Clinton lifts the 19-year trade embargo against Vietnam, in place since the end of the Vietnam War.
Vietnam GDP per capita is US$227 and the country has no stock market.
Our Vietnam Enterprise Investments Fund Limited (VEIL) is launched and remains the original and longest-running Vietnam fund.
Vietnam becomes a full member of ASEAN.
The Asian Financial Crisis erupts, many Asian economies falter, their markets fall by up to 70% and currencies fail. Vietnam with its non-convertible currency is less badly hit. Other Vietnam funds go under, however, and VEIL is the only one to survive.
Ho Chi Minh Stock Exchange (HSX) opens.
Vietnam signs the Bilateral Trade Agreement (BTA) with the US which spurs economic growth.
International Financial Corporation invests in Dragon Capital.
VietFund Management (VFM) and Ho Chi Minh City Securities Corporation (HSC) are established.
Launch of our Vietnam Growth Fund Limited (VGF).
The first commercial flight from the US to Vietnam in over two decades touches down.
Hanoi Stock Exchange (HNX) opens
Proparco invests in Dragon Capital.
Dragon Capital Markets (Europe) Limited is licensed by Financial Conduct Authority (FCA).
Vietnam joins the World Trade Organization (WTO) becoming the 150th member.
Dragon Capital’s team now numbers 64.
Launch of Vietnam Resources Investments (Holdings) Limited (VRI) and Vietnam Debt Fund SPC (VDEF).
Dragon Capital acquires 23% of micro-finance company Prasac, our first investment in Cambodia.
Launch of Vietnam Property Fund Limited (VPF).
Launch of the Annual Report Awards.
Launch of Mekong Brahmaputra Clean Development Fund (MBCDF).
Our Hong Kong office opens.
Vietnam surpasses Brazil to become the world’s largest coffee exporter.
Launch of DC Semeru Asia Equity High Yield Fund and Vietnam Equity (UCITS) Fund (VEUF).
Our twentieth anniversary. Per capita GDP in Vietnam is now over US$1,000, an almost ten-fold increase in twenty years!
Dragon Capital is managing assets worth US$1.2bn and has 97 staff based in Ho Chi Minh City, Hanoi, London, Bangkok and Hong Kong.