Promote investment in Vietnam through development of transparent, efficient, inclusive capital markets and financial services.
2022 Strategic Plan
Top Priorities for 2022
- Partner with GVN and other stakeholders to use MSCI criteria to develop a regulatory framework to enable Vietnam graduate from a frontier to emerging market status.
- Support HCMC efforts to develop as a regional and international financial center.
- Promote digital economy/fintech, and resultant financial inclusion.
- Promote greater awareness and use of ESG criteria to enable access to sustainable finance.
Key Events for 2022
- Fintech – January
- Understanding Web 3.0/Metaverse: Promises and Pitfalls for your Business – June
- Bridging the Gap on Sustainable Finance – September
Top Advocacy Issues
- Partner with Morgan Stanley Capital International, State Securities Commission, State Bank of Vietnam, Ministry of Finance, World Bank, International Financial Corporation, and other stakeholders to promote a regulatory framework enabling Emerging Market status.
- Support holistic legal framework for greater digitalization of financial services – Cybersecurity Decree, Personal Data Protection Decree, e-transaction Law.
Eric Levinson, Head of Business Development, VinaCapital
Eric joined VinaCapital in 2020 to lead business development for both its domestic retail and international products. In this role, he has been focusing on expanding relationships with banks and other investment partners, enhancing training for sales teams, and overseeing marketing. He is also taking a lead in working with the product development team to develop and launch new solutions that meet the evolving needs of the fast-growing domestic market. Eric is also partnering with the leaders of VinaCapital’s Alternative Investment Platform, including private equity, venture capital, real estate, and renewable energy, to market their solutions to institutional investors globally.
Eric brings to VinaCapital over 25 years of experience in asset management and wealth management. He has held senior roles in management, sales, and strategy as a Managing Director at AllianceBernstein, Hartford Funds and New York Life.
Eric earned a BA from Occidental College in Diplomacy & World Affairs, with a minor in Asian Studies.
Matthew Smith, Head of Institutional Research, Yuanta Securities Vietnam
Matthew Smith is Head of Institutional Research at Yuanta Securities Vietnam. A native of Massachusetts, Matt has resided in several East Asian locations since 1995: Seoul, Taipei, Singapore, Kuala Lumpur, Shanghai, and (since 2018) Saigon. Previous employers include Macquarie Bank, ING Barings, and – 23 years ago – Amcham Taipei. In his current role with Yuanta, Matt focuses on advisory work for institutional and high-net-worth individual investors in Vietnam financial assets, including equities and fixed income securities. A CFA charter holder, Matt earned a BA in History from UMass Amherst and a Master of Finance from INSEAD.
|Vice Chair for Advocacy and Securities
Hung Hoang, Country Head of Securities Services, Citi, Vietnam
Hung Hoang is responsible for overall management and strategic direction of the Securities Services business in Vietnam, including Direct Custody, Clearing and Investor Services and fostering partnership across the broader Markets & Securities Services and Capital Market businesses. Hung engages as a member of the management team at Citi Vietnam in the franchise management and governance forums. Hung is a member representing Cit at the Capital Market Working Group, Vietnam Business Forum.
Leveraging over 20 years of experience in Vietnam’s capital market, deep and extensive relationships across key regulatory and capital market agencies, Hung is well positioned to drive Citi securities business, client and product strategies. Prior to Citi, Hung spent over 11 years at Horizon Capital and Horizon Securities, where as CEO he was responsible for the partnership between Citi and Horizon Securities. Hung started his career, in 1998, at the State Securities Commission of Vietnam in the Surveillance and Enforcement Department, before moving to Mekong Securities as Head of Equity Analysis and Consultancy. He then joined Grant Thornton in Corporate Finance and Advisory.
Hung holds an MBA in Finance & Banking from the KDI School of Public Policy and Management, Seoul, Korea and a Bachelor of Economics from Foreign Trade University, Hanoi, Vietnam.
|Vice Chair for Insurance
Chun Nam Ng, Chief Financial Officer, Manulife Vietnam
|Vice Chair for Sustainable Finance
Binh Le, CEO, ASART Deal Advisory
Binh is Founder and CEO of ASART, a leading independent and boutique advisory M&A firm in Vietnam, with a focus on strategic synergies and investment returns.
For over the last 12 years she has been working intensively with M&A transactions and strategic projects for both sell-side and buy-side. Previously, she worked at KPMG. Binh has built an unique set of experience and track record with a combined knowledge in M&A, finance, strategy, valuation, structure, commercial performance, accounting, tax, legal, reporting, problem solving, executive negotiation, politics, government relations, and advocacy. Her current work is the optimal combination of these areas of expertise, with emphasis on value creation and sustainable growth.
She has assisted and advised leading Vietnamese companies and multinational corporations in various industries, with 110+ projects and 230+ companies for a total value of USD3.6+ billion, directly with board of directors and shareholders.
She has an MBA from Indiana University and Purdue University (IPFW, USA) and a Bachelor Degree in Commerce with Distinction from RMIT (Vietnam).
Thuy Van Pham, Partner, Baker McKenzie
Alex Tatsis, Economic Section Chief, U.S. Consulate
Ram C, Citi Country Officer, Vietnam, Citibank N.A.
RamC is the Citi Country Officer for Citibank in Vietnam. His appointment is pending regulatory approval.
Before this, RamC was the Emerging Markets Coverage Head for Citi’s Global Subsidiaries Group (GSG), based in London. In parallel, RamC was the Eastern Europe Head for GSG.
RamC has 27 years of corporate banking experience with Citi across multiple functions. He started in India, set up the Citibank N.A. branch in Pune in 1998 and was later the Branded Consumer Industry Head (India) from 2001-03. He then spent 3 years in Citi Netherlands covering Citi’s Dutch multinational clients. RamC was in Singapore 2006-11 leading coverage of Citi’s multinational clients across Asia Pacific. RamC has travelled to 37 countries.
RamC holds a bachelor’s degree in Computer Science from the BITS Pilani (India) and an MBA from the Indian Institute of Management (IIM) Bangalore.
2023 Meeting Schedule
2022 Meeting Schedule
2021 Meeting Schedule
Reference Materials for Public
- New Law on Securities and Supporting framwork for pension fund in Vietnam
- Sasaki Firm Introduction
- HCMC Highly Interactive and Innovation Urban Area
- Vy Le’s discussion on Vietnam’s venture capital and tech startup investment scene
- 2020 MSCI market classification framework
- MSCI global market accessibility review
- FTSE Equity Country Classification September 2020 Annual Announcement
- Watch list for Secondary Emerging market – VN status
- 2020 FTSE Market Criteria (we can see VN vs Comparison)
Reference Materials for Members
Join the CMFS Committee
We seek active members to support our mission who can add values. The best way to forge long-term business relationships is by working closely with people to accomplish goals that help the community. At committee meetings and events, you will have the opportunity to network, talk face-to-face with industry experts, understand the ecosystem, and participate to improve our business environment by joint efforts on our activities.
Please contact us at: [email protected]