About the event
The Year of the Snake was expected to be the start of the most transformative period in decades for Vietnam. The government’s ‘Era of Ascendance’ reforms are being hailed for their significance and are unparalleled since the 1986 Doi Moi policies which first unlocked the nation’s market economy. Yet, ambition alone won’t drive returns, execution will be the key, and this has post-liberation day run straight into repercussions from Trump’s determination to de-globalise and focus inwards. Will Vietnam be able to continue to “dance with all partners” or, will it be time to choose?
This year’s VAC aims to provide actionable insights on:
- Where are the biggest opportunities in Vietnam’s structural reforms? With ministries consolidated, inefficiencies addressed, and infrastructure projects fast-tracked, how will these changes flow through to corporate earnings?
- Will market returns reflect the strength of the real economy? If domestic policy and structural changes drive growth, what catalysts will spur domestic investors to deploy their ample un-banked liquidity into the market?
- How are Dragon’s portfolio managers balancing domestic opportunity against global uncertainty? Is 2025 solely a year for defensive allocations, or is this the moment to preposition for alpha from emerging strengths?
We hope that you can join us in assessing Doi Moi 2.0 against the uncertainties of Trump 2.0, and what it will mean for Vietnam’s investment performance.
Vietnam Access Conference 2025
September 15, 1:30PM to September 17, 7:00PM
Vinpearl Landmark 81 Autograph Collection 720A Điện Biên Phủ, Phường 22, Bình Thạnh, Hồ Chí Minh, Vietnam Show map
Dominic Scriven, OBE
Non-Executive Director
Will Ross, CFA
Chief Marketing & Distribution Officer, Dragon Capital
Dr. Le Anh Tuan
CEO & Chief Investment Officer
Dang Nguyet Minh
Head of Research, Dragon Capital
Le Anh Tuan
Lead Portfolio Manager
Trinh Hoang Minh
Associate Director, Research Department, Dragon Capital
Vietnam Access Conference 2025
September 15 – WELCOME TO VIETNAM
13:30 – Settle into Saigon with your choice of:
- Exploring Vietnam’s coffee culture, from traditional cà phê to modern cocktails in the historic alleys and markets of Chợ Lớn.
or
- Breaking a sweat (and the ice) with a lively game of Pickleball with the PMs.
18:00 – Welcome Dinner, Ice Factory
The official start to VAC 2025 providing an excellent opportunity to connect with fellow attendees and the Dragon Capital team at a pop-up experience in a truly unique venue.
September 16 at Vinpearl Landmark 81 Autograph Collection
8:15 – Registration and coffee
8:45 – Welcome Remarks
Mr Dominic Scriven OBE, Chairman
9:00 – Vietnam’s Investment Thesis
Speaker: Ms Minh Dang, Head of Research
Leading with the conclusion, this session will articulate Vietnam’s current investment thesis and market opportunities considering the country’s evolving political and economic landscape. It will introduce the key themes to be explored in greater depth in subsequent sessions.
9:50 – Spotlight Sessions: The 2025 Outlook
Speakers: Research Team Sector Specialists
This session, followed by a Q&A, will break down the key elements of the investment thesis into focused, high-impact presentations. Each topic will distil Dragon Capital’s intellectual capital into the essential building blocks for our fund strategies, covering:
- The Real Estate Sector – Mr Minh Trinh
- The Banking Sector – Mr Duc Le
- The Consumer Sector – Ms Ly Vu
- The Industrial Sector – Mr Duy Nguyen
10:45 – Coffee break
11:00 – Portfolio Manager’s Panel
Speakers: Mr Tuan Le (VEIL), Ms Mai Vu (VEF), Ms Hoa Hoang (SMA)
Building upon insights from the spotlight sessions, our Portfolio Managers will share how they are repositioning portfolios, identifying tactical opportunities, and integrating key themes into their fund strategies. The session will also highlight the commonalities and distinctions across their respective funds.
12:00 – Lunch
13:30 – Schrödinger’s Risk
Moderator: Mr Will Ross, Chief Marketing and Distribution Officer
With global trade and geopolitical dynamics so in flux, the risks of today may not be top of mind by the time of the event, with other concerns at the fore. This session preserves the flexibility to dynamically address the key risks arising in the days & weeks leading up to the event.
14:30 – Coffee break
15:00 – Roundtables with our Research and Investment Team
Engage directly with our Portfolio Managers and Research Analysts. This interactive discussion will allow you to scrutinise the finer details of the investment thesis, covering all the major sectors and themes.
17:00 – Sunset Cocktails
Venue: at the Pear Terrace, 66th floor, Oriental Pearl Restaurant
18:30 – Sky-High Dinner
Venue: at 66th floor, Oriental Pearl Restaurant
September 17
09:00 – Investee Company Visits
Beyond a presentation from IR, time on the ground with companies representing Vietnam’s key investment themes:
- FPT University: A deep dive into the company leading Vietnam’s expanding education and technology sectors.
- Long Chau Vaccination Centre + Pharmacy: A firsthand look at healthcare and consumer retail in action.
- Dat Xanh Group – Gem Riverside: Explore the project which exemplifies the resolution of legal bottlenecks and the resurgence of Ho Chi Minh City’s real estate market.
- PNJ Flagship Store: A chance to gain insights into Vietnam’s modernising retail market, driven by rising consumption and shifting consumer trends.
Lunch at Quán Bụi Garden
17:00 – Closing Cocktails
Venue: at Hợp Rooftop