Established in 2015, PVI AM was entrusted with managing the investment portfolios of companies within the PVI system, with the mission of optimizing financial efficiency and ensuring sustainable growth. Over the past decade, PVI AM has successfully fulfilled the mandate, working alongside PVI Insurance—Vietnam’s leading non-life insurer—and Hanoi Re—Vietnam’s top domestic reinsurer—to contribute significantly to the robust development of PVI Holdings.

During the time of fulfilling the mandate from the parent company, PVI AM has recognized the evolving landscape and growth potential of Vietnam’s financial market. This presents an opportunity for PVI AM to transform and seize new prospects by expanding the target customer base beyond entities within the PVI system.

With the participation, collaboration, and comprehensive support of international strategic shareholders—HDI Global and Ampega, the asset management unit of Talanx Group, the third-largest financial services group in Germany— PVI AM has benefited from the transfer of knowledge and expertise in investment and risk management. This has enabled PVI AM to continuously enhance asset management capabilities, refine the risk governance framework, and adopt international investment standards, establishing a solid foundation for expansion and confidently stepping onto the global stage.

At the beginning, PVI AM managed a total advisory and asset under management (AUM) of approximately VND 1,000 billion, with the flagship fund being the PVI Opportunity Fund (POF). As expertise, talent, and experience converged, PVI AM steadily built trust among clients and expanded the scale over the past decade. As of today, the total advisory and AUM has exceeded VND 16,000 billion, growing more than tenfold since establishment, with an average annual return of approximately 10%. In addition, PVI AM has researched, developed, and introduced various investment solutions, most notably the PVI Infrastructure Fund (PIF). This growth reflects PVI AM’s strong adaptability to market demands and a commitment to sustainable development.

On the evening of March 19, the Connecting Success event was held in a formal yet welcoming atmosphere, marking the 10th anniversary of PVI AM. The event gathered over 100 distinguished guests, including executives from PVI’s strategic shareholders, PVI AM’s business partners, clients, and leading financial institutions in Vietnam’s economic and financial markets. More than just a celebration of the company’s decade of achievements, the event also provided an opportunity for partners to connect, exchange insights, and explore future investment collaborations.

“We take great pride in what we have achieved over the past ten years. With strategic direction from the Board of Directors and strong support from our strategic shareholders, PVI AM has built a solid foundation in human resources, technology, investment strategies, and operational models, positioning the company for a new phase of growth”, shared Ms. Trịnh Quỳnh Giao, CEO of PVI AM, at the 10th anniversary celebration.

2025 – A TRANSFORMATIONAL MILESTONE

The year 2025 marks a significant milestone for PVI AM—celebrating a decade of development while ushering in a new phase in the business strategy. Having focused on asset management within the PVI system, the company is now set to expand services to external clients, targeting financial institutions, corporations, and individual investors. 

To deliver effective investment solutions, PVI AM has made significant investments over the past three years (2022–2024) in three key areas: Human Resources, Technology, and Investment Strategy.

In Human Resources, PVI AM has continuously strengthened the team attracting experienced financial investment professionals from both domestic and international markets. With a vision focused on sustainable returns, the combination of deep expertise and a rigorous risk management approach enables the team to optimize portfolios, balance risk and return, and create long-term value for clients.

In Technology, PVI AM has upgraded the technological infrastructure with insights from international strategic shareholders, ensuring efficient and transparent investment operations.

In Investment strategy, PVI AM has continuously refined its approach, developing a diverse product portfolio to meet the evolving needs of various client segments.

“We have meticulously prepared to expand our services, delivering professional and effective investment solutions to institutional and individual investors. This is a significant step toward establishing PVI AM as a leading asset management company in Vietnam, dedicated to managing investment portfolios safely and efficiently”, emphasized Ms. Trịnh Quỳnh Giao on PVI AM’s mission.

COMMITTED SUPPORT FROM STRATEGIC SHAREHOLDERS

In this new phase of development, PVI AM continues to receive strong support from strategic shareholders, providing a solid foundation for business expansion and enhanced asset management capabilities.

HDI Global and Ampega—both subsidiaries of Talanx Group—will provide strategic direction, support investment product development, and transfer expertise in investment and risk management through the parent company, Talanx. This collaboration strengthens asset management capabilities and expands international partnership opportunities. The engagement of these strategic partners enables PVI AM to adopt advanced governance standards, enhance collaboration prospects, and increase competitiveness in the regional financial market.

Additionally, PVI Holdings continues to play a crucial role in supporting PVI AM’s expansion and strengthening connections with strategic partners in the financial market.

Chairman of the Board of Directors of PVI, Mr. Jens Holger Wohlthat, affirmed: “As the Chairman of the Board of Directors of both PVI AM and PVI Holdings, and as a representative of major shareholder HDI Global, I am committed to ensuring that HDI, PVI, and Ampega will continue to strongly support PVI AM in enhancing capabilities, expanding business scale, and positioning the company as one of the leading asset management firms in Vietnam.”

FUTURE VISION – CONNECTING SUCCESS, CREATING VALUE 

Expanding the business model has highlighted PVI AM’s significant responsibilities toward clients, the digital economy, and society in this transformative era

Looking ahead, PVI AM will leverage strengths to expand and integrate more deeply into Vietnam’s financial ecosystem, supporting institutional and individual investors in optimizing portfolios, increasing asset value, ensuring transparency, and achieving an optimal balance between returns and risks.

With an expanded product portfolio—including flexible bond funds, real estate investment solutions, and diversified asset management—PVI AM will continue to driving capital flows, support the private sector, and contribute to the sustainable development of Vietnam’s economy.

“We see a significant opportunity to contribute to Vietnam’s long-term prosperity by facilitating capital flows, supporting business growth, and delivering optimal investment solutions. As we enter this new phase, PVI AM remains committed to innovation, enhancing service quality, and expanding partnerships to maximize investor benefits while playing a role in promoting a sustainable green economy,” affirmed Ms. Trịnh Quỳnh Giao, CEO of PVI AM.

“Connecting Success, Creating Value”—PVI AM is ready to enter a phase of dynamic growth, leveraging solid internal strengths, deep market insights, and openness to collaborative opportunities. With a commitment to sustainable values, the company aims to deliver effective investment solutions, strengthen customer trust, and contribute to the advancement of the economy.

PVI AM sincerely appreciates the presence and participation of all guests, which made this event truly meaningful and paved the way for promising and long-term collaborations!

Here are some additional images from the 10th Anniversary Celebration event: