| Author | Nguyen Khanh Duy |
| Note | A project study submitted in partial fulfillment of the requirements for the degree of Master of Business Administration (Executive) in International Business – Management of Technology (VN), School of Management
|
| Publisher | Asian Institute of Technology |
| Abstract | Open-ended fund is a new form of fund in Vietnam. In the world, more than 90% of the funds are established in this form of open-ended funds. The legal basis of open-ended funds in Vietnam is Circular 183/2011/TT-BTC from Ministry of Finance which provides regulation on establishment and management of open-ended funds, effect from March 1st 2012. Since then, many funds set up in Vietnam are in the form of open-ended funds.
In early 2013, only 03 open-ended funds were established. However, by the end of the year, there were 08 open-ended funds have been established (in which 03 closed funds converted to open-end funds). Currently there are 8 (eight) out of 46 (forty-six) fund management companies established open-end funds and at least two companies are in the process of raising capital
Petrovienam Finance Fund Incorporation (PVFC Capital) is establishing an open-ended fund, to build the image of a fund management company that can manage various types and diversified funds.
The Petrovietnam Growth Open-ended fund (PVGF) will invest stocks in oil & gas sector in Vietnam (the stocks in the basket of PVN-Index), in order to make a difference in the market, take advantage of industry and help promote the PVN-Index of Petrovietnam Oil & Gas Group (PVN), which developed by Petrovienam Securities Incorporation (PSI). |
| Year | 2014 |
| Type | Project |
| School | School of Management (SOM) |
| Department | Other Field of Studies (No Department) |
| Academic Program/FoS | Master of Business Administration (MBA) (Publication code=SM) |
| Chairperson(s) | Swierczek, Fredric William ; Huynh Trung Luong |
| Examination Committee(s) | Bechter, Clemens ;Tritos Laosirihongthong |
| Scholarship Donor(s) | Petrovietnam Oil & Gas Group |