History

Founded in 1999, Indochina Capital is an innovative leader in Vietnam’s rapidly growing real estate, financial services, and capital markets. Through its subsidiary, Indochina Capital Advisors, the firm has established itself as one of the country’s most experienced investment managers in Vietnam.
  • Outperforming VNIndex
    Outperforming VNIndex

    16/20

    years
    Outperforming VNIndex
  • Annualized Return<br>Since Inception<br>Net of Fees
    Annualized Return<br>Since Inception<br>Net of Fees

    14.3

    %
    Annualized Return
    Since Inception
    Net of Fees
  • Outperforming VNIndex's<br>Annualized Return<br>Since Inception
    Outperforming VNIndex's<br>Annualized Return<br>Since Inception

    8.2

    %
    Outperforming VNIndex's
    Annualized Return
    Since Inception

Vietnam

A dynamic and growing South East Asian nation

  • Over a hundred million population and half of that of working age
  • A stable political environment with pro-growth policies
  • In the last 10 years:
    • The economy grew faster than every EM country other than China
    • The local currency (VND) outperformed the EM currency basket vs the US$ by 17.7%
    • Vietnam’s stock market outperformed EM by 10.3% pa

At the “Tipping Point”

  • of becoming a key strategic link in the global supply chain with
    • close proximity to large Asian manufacturers (China, Taiwan, Japan, Korea),
    • relative cheap manufacturing labor, favorable policies and free trade agreements, and
    • FDI consistently reaching new highs, most of which is pouring into the manufacturing sector in recent years.

  • of a burgeoning consumption society with
    • rapid formation of a middle class which is expected to reach 35 mm in 2035, and
    • increasing income and urbanization supporting robust retail sales.

  • of an emerging equities market in all aspects but name.
    • Retail participation remains low at 8 percent and has just begun to pick up.
    • Growing disposable income and increasing awareness of personal finance should attract more local investors to the stock market.
    • Policy makers are making strides to upgrade Vietnamese stock market to Emerging status.

Our Team

  • PETER RYDER
    PETER RYDER
    Group Executive Chairman

    40 years of investment experience across real estate, equities, and M&A advisory

    Spent 36 years in Asia, including 32 years in Vietnam

    Director, Salomon Brothers, real estate finance and M&A, NY and Tokyo

    M.A in Anthropology, University of Pennsylvania

    B.A in Anthropology, Beloit College

    Founded Indochina Capital 1999

  • DIEP NGUYEN
    DIEP NGUYEN
    Chief Investment Officer

    17 years of experience in listed and private equity

    Auditor at KPMG for 3 years working with multinational corporations

    B.A. in Accounting from University of Economics, Vietnam

    CFA charter holder

    ACCA member

  • HOA TRUONG
    HOA TRUONG
    Group Co-CEO and CFO

    CPA, Australia

    15 years of experience in finance and accounting

    B.A in Accounting from Cal Poly Pomona

    MBA, University of Hawaii

  • TU PHAM
    TU PHAM
    Investment Analyst

    5 years of experience in investment and various industries

    Sell side analyst for three years, covering materials and pharmaceuticals segments, and corporate financial analyst in a real estate group for one year

    B.A. in International Finance from Foreign Trade University

    CFA III candidate

  • VAN NGUYEN
    VAN NGUYEN
    Portfolio Analyst

    15 years of experience in investment and finance

    Lecturer at University of Finance – Marketing for 3 years

    B.A in Accounting & Auditing from University of Economics Ho Chi Minh City

    M.A in Corporate Finance from University of Economics HCMC