Kirin Capital recently hosted its annual review event in Vietnam, welcoming nearly 80 partners, investors, and businesses from China and Vietnam, alongside the entire staff from companies within its ecosystem. This milestone celebration signifies a remarkable leap forward for Kirin Capital as it solidifies a dynamic and interconnected ecosystem—one designed to foster synergy, unlock new opportunities, and propel its investment and business ventures in Vietnam to greater heights.
The event also served as a moment to reflect on past achievements while reigniting motivation for the entire company as it looks toward the future. Stepping into 2025, Kirin Capital is set to further expand its collaborations—both domestically and internationally—broaden its operational scale, and relentlessly strive toward its ambitious goals.
During the annual review, Mr. Wang Wei Ya, Co-Founder of Kirin Capital, shared that the company is now in its third year of operations in Vietnam. Since 2022, Kirin Capital has remained steadfast in its guiding principle: “Know Vietnam, Long Vietnam”. Established in Vietnam in 2022, the company has spent 2023 and 2024 strengthening its presence and solidifying its position as a pioneering force in channeling capital from China and other Asian markets into Vietnam.
“The year 2024 was one of challenges, but also of resilience and remarkable achievements for the Kirin Capital team. Amid market fluctuations, we persevered, adapted, and made significant strides across multiple domains. From private equity investments to secondary market management, from media innovation to financial support, each of our member companies has forged ahead with confidence. These milestones are not just individual successes—they are the result of collective dedication, a testament to the intelligence, passion, and unwavering commitment of our entire team,” Mr. Wang shared.
Attending as a guest, Mr. Hoang Viet Tien, Deputy Secretary General of the Vietnam Digital Communications Association, highly commended Kirin Capital’s achievements. “This success is not only the result of a well-crafted strategy but also the dedication and collective effort of each individual. It is truly inspiring,” Mr. Tien affirmed.
In 2024, despite facing numerous economic challenges, Vietnam’s growth trajectory continued to shine, marked by significant milestones. One of the most remarkable highlights was the country’s potential to surpass $400 billion in trade surplus, breaking previous records. With key export sectors—including electronics, machinery, textiles, and footwear—maintaining strong momentum in major markets such as the USA (29%), China (15%), and the EU (13%), Kirin Capital remains highly optimistic about Vietnam’s future trade performance.
Moreover, FDI (Foreign Direct Investment) inflows have expanded across nearly all sectors of Vietnam’s economy, covering 18 out of 21 industries in the past year. The manufacturing and processing sector led the way, attracting a total investment of $20.2 billion, accounting for 64.4% of total registered capital. Meanwhile, real estate ranked second, drawing in nearly $5.63 billion (17.9%), further fueling expectations for transformative shifts in Vietnam’s industrial landscape and economic structure in 2025.
Against this backdrop, Kirin Capital remains steadfast in its commitment to investing in key strategic sectors, including New Energy, Technology, Healthcare, Consumer Goods, and Financial Services. Among these, the Vietnamese stock market is of particular interest. With significant progress and ongoing market upgrades driven by regulatory bodies, Kirin Capital sees an exciting opportunity for Vietnam’s secondary market in 2025.
Mr. David Chen, Investment Manager of Kirin Capital, elaborated on the firm’s stock investment achievements and outlined its long-term strategies in this domain. In 2024, Kirin Capital’s secondary market team successfully managed a total stock asset portfolio worth VND 730.546 trillion, encompassing a diverse range of products, from low-risk to high-yield investments. Notably, 96% of this total investment came from Kirin Capital’s own funds. “This not only reflects our strong confidence in our strategy and the market but also reaffirms our long-term, optimistic vision for Vietnam’s capital markets,” Mr. Chen emphasized.
The year 2024 has been a landmark year for Kirin Capital in Vietnam, serving as both a milestone of achievement and a springboard for future growth. It has provided the foundation for Kirin Capital to solidify its capabilities and craft strategic business plans built upon its successes.
These achievements would not have been possible without the dedication and relentless efforts of the entire team. In recognition of their outstanding contributions, Kirin Capital and its ecosystem companies honored exceptional employees who have demonstrated remarkable performance and played a vital role in the company’s growth.
The three-hour celebration was filled with dynamic side activities, all designed to honor and recognize the invaluable contributions of every member within Kirin Capital’s ecosystem. More than just a moment of recognition, the event served as a powerful source of motivation, inspiring each individual to continue striving and maximizing their potential in 2025.
As the ceremony came to a close, it left behind beautiful moments and lasting impressions, encapsulating not only the hard work and achievements of the past year but also the commitments and ambitious visions that will shape the future of Kirin Capital and its member companies.
Additional highlights from the event:
