About Us
About Us
VC Partners (VCP) is a private equity real estate fund manangement and development platform founded by Mr. Kiet The Truong.
Our company’s purpose is to help increase the value for our stakeholders and indirectly contribute to the improvement of the livelihood’s of the Vietnamese people.
Our vision is to become a leading private equity real estate fund manager and developer in Vietnam by developing unique real estate products that would benefit our customers.
The Group’s track record in real estate spans industrial/logistics, cold storage, residential, and hotel/resort projects.
For all the joint venture deals with our investors, VCP will act as investment manager and development project manager. VCP maintains an experienced in-house investment and engineering team that will work closely with our partners and operators in industrial factories, logistics warehouses, and cold storage developments.
VCP strives to be an ESG leader in Vietnam by adopting best practices and implementing programs in environmental, social, and governance fields
Mr. Truong The Kiet
Founder and Managing Director
Assets
3PL Warehouses & Industrial Factories
E-Commerce Warehouses
Cold Storage Warehouses
Data Centers
Business Zones
Northern Key Economic Zone (NKEZ)
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The NKEZ is becoming the top choice for manufacturers with bases in China looking to diversifying their production due to its close proximity
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The NKEZ attracts major high-tech manufacturers of computers and electronics
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Major infrastructure includes highways that connect Hanoi to China and to seaports in Hai Phong
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Some of our projects and potential investments are located in NKEZ
Southern Key Economic Zone (SKEZ)
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The SKEZ is the economic center of Vietnam with a diverse economy with a large population and a large collection of manufacturers.
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The region is responsible for the majority of domestic consumption and exports of agricultural products
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The region benefits from rising tech/e-commerce investments
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Major infrastructure developments include Long Thanh International Airport, Cai Mep deep seaport
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Most of our projects are located in SKEZ
Future plan
Goals
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Maximize Return: Generate stable long-term cash flows from tenants
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Minimize Risk: Investments secured by land and assets on land; minimize development and tenancy risks.
Extensive, Unique Network
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Our officers have worked and invested in Vietnam for over 40 years combined. They have developed relationships with operators and investors across a variety of industries and have established reputations as trusted partners for companies that currently operate in Vietnam or are looking to enter the market.
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Push And Pull Forces For Industrial & Logistics Real Estate
Push Forces
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US - China Trade War : Companies are increasingly looking to other manufacturing bases in the region as the U.S.-China trade and diplomatic relationship remains tense and uncertain
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COVID-19/ Diversification froim China :In the wake of the COVID-19 pandemic and the resulting supply chain disruptions, firms are looking to diversify their exposure away from China
Pull Forces
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Low-Cost Labor Force : In 2020, Vietnam’s average wage per hour, US$2.99, was 46% that of China, US$6.50. These economics are attractive for labor-intensive manufacturing activities
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FTAs: Vietnam signed 15 FTAs involving 50 partners globally, reducing tariffs and attracting FDI into the country
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Domestic Consumption And Urbanization: With emergence of a middle class and rising urbanization rate present a huge opportunity for modern trade and thus growing demand for warehouse distribution and e-Commerce
There are 4 main key drivers in the industrial and logistics real estate
Urbanization
Vietnam’s export and import volumes
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Manufacturing Labor Costs
Fast-growing FMCG/F&B markets
ESG
Environmental
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We pledge to seek Edge certification for all of the buildings and construction projects in our portfolio.
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Through this program, we will reduce our water usage, energy consumption, and embodied energy in materials by 20% in each area
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Working with our partner, Phoenix Clean Power, we will install solar power systems on the rooftops of our cold storage and e-commerce logistics assets, which we estimate will generate 15 MW of solar power
Social
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Leveraging our expertise in construction and materials, we aim to fund the construction of schools, focused primarily on rural areas for orphans
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Through our partnership with education non-profit AMA, we will fund scholarships for students
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School construction and scholarships will be focused on supporting the workers who work on our projects. We will also direct support to their families and home communities
Governance
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Our governance is structured so that our investment processes, internal practices, and employee policies are safeguarded by controls and oversight.
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100% of our employees will be held by a code of ethics.
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We will engage third party auditors that ensure our financials are accurate, comprehensive, and honest.
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We will engage third party auditors that ensure our financials are accurate, comprehensive, and hones