This document gives you brief introduction of VIPC Corp, functions, activities and some investment advices.

1. VIPC Capital Management: Viet Investment Power Updated at: Wednesday, July 14, 2010 2:31:34 PM <br />VIPC general director Nguyen Xuan Tung (middle) <br />(VEN) - Operating in the field of investment fund management, VIPC has gradually built up its reputation on the marketplace. Vietnam Economic News' Minh Kiet spoke with Nguyen Xuan Tung, the general director of VIPC, about its achievements and difficulties. <br /> <br />Could you give a brief introduction on VIPC?<br />VIPC, known as VIPC Capital Management Corporation or VIPC Fund Management Joint Stock Company, is an independent investment fund management company, which operates based on teamwork management principles and trustworthy relationships with investors. VIPC manages securities investment funds, securities investment companies and investment portfolios. VIPC has the VIP F1 Investment Fund and a real estate investment fund. It provides services in the field of private wealth management and institute asset management. VIPC is also a professional advisor. The company has a professional, dynamic and experienced staff. They have good management skills and seriously abide by the law. The company has the experience of working with famous domestic and foreign financial groups.<br />Could you describe the company's functions?<br />VIPC has two functions. First, it manages the investment portfolios of domestic and foreign individual investors. In fact, many investors from China, Singapore and other countries want very much to invest in Vietnam but they know almost nothing about the market and regulations in Vietnam. Therefore, VIPC will help them manage their investment capital by taking 50 percent or 100 percent of the right to make investment decisions for them. So VIPC can expand its operations overseas. Presently, VIPC is preparing to open its representative office in Hong Kong, China and will present the investment portfolios of financial companies so that they can attract customers for VIPC. Second, VIPC manages investment funds for member funds, public funds and foreign funds. <br />What difficulties are facing VIPC?<br />Reality shows that whenever businesses begin a new activity, they will face problems related to State management. Therefore, State regulations must be clear so that they can facilitate healthy operations of investment funds. The Government has improved the legal corridor, allowing investment funds to operate. The State should allow the opening of other funds such as real estate deposit funds in order to create new investment channels for investors. Investment funds expect that the State will create a favorable legal framework for them to operate effectively.<br />Do you have any advice for investors?<br />Investors should not be too sensitive to market changes. They should get update information about the market everyday and make wise decisions. If they can, small investors should invest in investment funds to be provided with consultancy related to interest rates, risks and investment duration. Small investors can also ask investment funds to invest on their behalf in the fields that can bring investors the highest benefits.<br />VIPC believes that with its professional working style, the company can show domestic and foreign investors that Vietnam is one of the most attractive developing markets in the world, and that Vietnam is really a good destination for investors. Vietnamese people are capable to operate and manage investment portfolios in order to create new values for any investment project. However, when the domestic market opens, foreign investment funds will be present in Vietnam, leading to fiercer competition. Therefore VIPC is aware that right now the company has to improve its capability and strengthen its reputation by helping investors succeed, thus enhancing its competitiveness./.<br />