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http://www.fpts.com.vn/en/news/domestic-news/enterprise-news/unlisted-enterprises/2009/06/3b9bf0e9/[/url]

US Capital Partners to Set up US$250M Fund to Invest in Vietnam Stock

The U.S.-based Vietnam Capital Partners (VCP) is preparing to establish a growth fund worth US$250 million to invest in Vietnamese stock.

The information was revealed during the meeting of representatives of Vietnam Capital Partners with the State Securities Commissionâ?Ts Vice Chairman Nguyen Doan Hung to study regulations of the countryâ?Ts stock market.

VCP also proposed some measures to the regulator to facilitate foreign funds to invest in local equities.

Hung said the SSC is reviewing regulations on information disclosure of listed and unlisted companies to meet regional and international standards.

Earlier, Quam, a Hong Kong-based finance service group, which is managing the Asia investment fund, also announced it set up Quam Opportunities Fund with US$20 million to invest in Vietnam.

(Source: cafef.vn)