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Il-Ġimgħa, 6 ta’ Lulju 2007

New Vietnam fund debuts on London Stock Exchange


09:58' 06/07/2007 (GMT+7)

VietNamNet Bridge - The Vietnam Infrastructure Investment Fund (VNI) on July 5 made its debut at the Alternative Investment Market (AIM) on the London Stock Exchange (LSE).


The listing marks the first time that a Vietnamese infrastructure fund will see transactions on the AIM and will focus on the areas of energy, transportation, water and telecommunications.

Market experts have predicted that from now until 2020, Vietnam will require close to 140 billion USD for the development of needed infrastructure projects. The VNI will focus on strategic projects in Ha Noi, Ho Chi Minh City and key economic zones nationwide, including highways, ports, airports, and power plants.

At the AIM, the VNI did earn 402,1 million USD through the issue of 402,1 million one-dollar shares.

(Source: Viet Nam Net)

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