9:01:12 PM | 10/29/2026
Leveraging its asset management capabilities, Keppel aims to create potential investment platforms that could mobilise up to US$1 billion for real estate opportunities in Vietnam.
Mr Joseph Low (right), Chief Representative, Vietnam and President, Vietnam Real Estate, Keppel, receiving the VIFC member certificate from Mr Truong Minh Huy Vu, Vice Chairman of the Ho Chi Minh City People’s Committee, Head of the Executive Body for the Vietnam International Financial Centre.
Global asset manager and operator Keppel Ltd., through its Real Estate Division (“Keppel”), is pleased to be selected as one of the inaugural members of the Vietnam International Financial Centre (“VIFC”).
Established under National Assembly Resolution 222/2025/QH15, the VIFC spans Ho Chi Minh City and Da Nang. It offers members a dedicated legal and regulatory framework designed to attract international capital and financial institutions. This includes provisions for foreign-currency transactions, tax incentives for eligible investment projects and international dispute-resolution mechanisms, providing a platform to facilitate cross-border investment and financial activities.
The development of an international financial centre represents an important step in strengthening Vietnam’s connectivity to global markets, deepening its capital ecosystem and attracting long-term investment.
As an initial step, Keppel is exploring the establishment of potential investment platforms to facilitate co-investments with global partners. This could mobilise up to US$1 billion comprising mainly third-party funds for real estate opportunities in Vietnam, subject to market conditions, investment opportunities and partner participation.
Mr Joseph Low, Chief Representative, Vietnam and President, Vietnam Real Estate, Keppel, said, “Keppel is honoured to be selected as an inaugural member of the VIFC. This reflects our longstanding commitment to Vietnam and our confidence in the country’s long-term growth potential.
“Vietnam is an important market for Keppel. As a global asset manager and operator with strong capabilities in infrastructure, real estate and connectivity, we look forward to working with government agencies, business partners and investors to support the growth of the VIFC and help mobilise international capital into Vietnam. By bringing together our global network, operating expertise and asset management capabilities, we aim to support Vietnam’s ambition to become an international financial and investment hub.”
Keppel entered Vietnam around four decades ago and has established a strong presence across real estate and infrastructure. It has grown to become one of the country’s largest foreign real estate investors, with 30 projects and a total registered capital of over S$5 billion. Through the years, Keppel has contributed to Vietnam’s urbanisation journey through high-quality and sustainability-related solutions that enrich people and communities.
By Ngoc Tung, Vietnam Business Forum
