# Ho Chi Minh City Finance and Investment State Owned Company

Ho Chi Minh City Finance and Investment State Owned Company is a Corporate Investor based in Ho Chi Minh City, Vietnam.

## Overview

- **Organization type:** Corporate Investor
- **Headquarters:** Ho Chi Minh City, Vietnam
- **Region:** Asia
- **Address:** Ho Chi Minh City, Vietnam
- **Founded:** 1996
- **Assets under management:** Undisclosed
- **Website:** hfic.vn
- **LinkedIn:** https://www.linkedin.com/company/ho-chi-minh-city-finance-and-investment-state-owned-company

## Regulatory record

- **Reports private funds:** No

## About

Ho Chi Minh City Finance and Investment State Owned Company is a corporate investor based in Ho Chi Minh, Vietnam. It manages approximately $505.46 million in assets across one fund. Its regional focus is Asia.

## Sectors

- Infrastructure
- Real Estate
- Financial Services

## People

- Nguyen Ngoc Hoa — Chairman of the Board of Directors
- Nguyen Quang Thanh — Deputy General Director

## Questions

### Who runs investment decisions at HFIC?

HFIC operates under the direct authority of the Ho Chi Minh City People's Committee. Chairman Nguyen Ngoc Hoa leads the Board of Directors, with Deputy General Director Nguyen Quang Thanh in a senior executive role. Investment decisions align with municipal development plans and require approval through city governance structures rather than independent investment committees.

### What is HFIC's relationship with the Ho Chi Minh City government?

HFIC is a 100% state-owned enterprise under the Ho Chi Minh City People's Committee. The city government is both the sole owner and the ultimate decision-making authority. HFIC functions as the municipality's primary vehicle for financing and managing strategic commercial and infrastructure assets, making its investment mandate inseparable from city fiscal and development policy.

### What types of assets does HFIC hold?

HFIC's portfolio spans infrastructure, real estate, financial services, and healthcare. Known holdings include the Hanoi Highway expansion, Tan Cang Hiep Phuoc Port, Sawaco water supply networks, multiple commercial office buildings, a residential development, the University Medical Center Hospital, and a clean-energy bus fleet. The firm also holds a minority stake in Ho Chi Minh City Securities Corporation alongside Dragon Capital.

## Related profiles

- [Ho Bee Land](https://altss.com/profile/ho-bee-land)
- [Ho Tung Chemical](https://altss.com/profile/ho-tung-chemical-corporation)

---

Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/ho-chi-minh-city-finance-and-investment-state-owned-company

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology