# Vietnam Investments Group

Vietnam Investments Group is an Asset Manager based in Ho Chi Minh City, Vietnam.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Ho Chi Minh City, Vietnam
- **Region:** Asia
- **Address:** Ho Chi Minh City, Vietnam
- **Founded:** 2006
- **Assets under management:** $200M - $500M (Altss estimate)
- **Website:** vigroup.com
- **LinkedIn:** https://www.linkedin.com/company/vietnam-investment-group

## Regulatory record

- **Reports private funds:** No

## About

Vietnam Investments Group is a private equity firm based in Ho Chi Minh City, Vietnam. It focuses on growth investments. The firm oversees $600 million in assets, with $4.62 million in available capital. It has 38 staff members.

## Sectors

- FinTech
- Enterprise Software
- Consumer
- Healthcare Services
- Education
- Logistics & Supply Chain

## People

- Tuan Pham — Chairman
- Chris Freund — Managing Partner
- Thai Hong Giang — Partner

## Questions

### Who runs investment decisions at Vietnam Investments Group?

Investment decisions are led by Managing Partner Chris Freund and Chairman Tuan Pham, working alongside Partner Thai Hong Giang and a core investment committee. The partnership structure has been stable since the firm's 2006 founding, with senior investment professionals averaging over a decade of tenure at the firm. The group operates from Ho Chi Minh City with direct access to Vietnam's corporate and regulatory landscape.

### How does Vietnam Investments Group source proprietary deal flow?

VIG's sourcing advantage stems from its long operating history in Vietnam — having deployed capital continuously since 2006, the firm sees deal flow that later entrants miss. The partnership's deep local networks, built through multiple economic cycles, provide access to founder-led businesses and family-owned enterprises before they run formal auction processes. The firm also benefits from the Vietnamese market's relatively shallow institutional investor pool, meaning fewer competing bids on non-consensus opportunities.

### Does Vietnam Investments Group participate in fund commitments or only direct deals?

VIG invests directly into portfolio companies across its venture and growth equity strategies, rather than operating as a fund-of-funds. The firm writes direct equity checks into Vietnamese businesses and occasionally syndicates deals with co-investors. There is no public record of VIG functioning as an LP in other GPs' funds as a primary strategy.

### How is Vietnam Investments Group related to Masan Group?

Masan Group is a portfolio company of Vietnam Investments Group and represents one of the firm's most significant investment outcomes. Masan has grown into one of Vietnam's largest publicly listed consumer conglomerates, spanning branded foods, beverages, and financial services. The investment relationship dates to VIG's early years and demonstrates the firm's capacity to back founder-led businesses through expansion into public-company scale.

## Related profiles

- [Vietnam Innovative Startup Accelerator](https://altss.com/profile/vietnam-innovative-startup-accelerator)
- [Viet Valley Ventures](https://altss.com/profile/viet-valley-ventures)

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

Canonical page: https://altss.com/profile/vietnam-investments-group

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