Investment Banking
M&A advisory, capital raising and transaction structuring that connects international capital with Vietnamese projects.
Project preparation todayLearn more →Global Gateway to Vietnam
International capital. Investment-ready Vietnam.
IBBC Capital prepares Vietnamese projects to the standards international lenders and investors apply, and gives global funds evidence they can underwrite. Our work builds the deal flow the Vietnam International Financial Centre needs.
Research, project preparation and financial modelling are provided today. Investment advisory and capital introduction will be offered only after the licensing application now in progress is approved. Regulatory status
Six lines of business
One institution. Six lines of business.
IBBC Capital is building an integrated platform across the six disciplines of global finance. Each blade of our hexagon is one line of business; its current status is stated below.
Asset Management
Portfolio construction and risk management for institutional and private capital invested in Vietnam.
Planned · subject to licence
Private Equity
Long-term equity in Vietnamese growth companies and infrastructure, with active governance.
Planned · subject to licence
Hedge Fund
Multi-strategy, risk-controlled exposure to Vietnamese and regional markets.
Planned · subject to licence
Trading
Market access and execution across equities, fixed income and foreign exchange.
Planned · subject to licence
Quant
Data, models and core financial technology: DSCR engines, valuation and risk analytics.
Research & models todayLearn more →Lines marked “planned” are not offered today and will open only after the relevant licences are granted. Regulatory status
Who we serve
Global investors
Funds, banks, development finance institutions and corporates assessing Vietnam.
- Market-entry memos with sourced evidence and licensing questions
- Screening of projects against your mandate, with a DSCR test
- Due-diligence coordination and post-investment monitoring
Vietnamese project owners
Sponsors in infrastructure, energy, logistics, industry and real assets.
- A lender-ready dossier and financial model in 3–4 weeks
- Debt structuring tested against DSCR and LLCR covenants
- Gap review against international E&S and governance standards
Vietnam at a glance
Capital is arriving. Bankable projects are the constraint.
Foreign investment is at multi-year highs and the international financial centre is now operating. What international capital still needs is projects prepared to its standards.
2 · 8VIFC locations (Ho Chi Minh City, Da Nang) and implementing decreesResolution 222/2025/QH15; Decrees 323–330/2025 [4]
Figures as published by the cited sources; IBBC Capital has not audited them.
What we do
Four capabilities, one standard of evidence.
Every deliverable states its sources, assumptions and limits, and is signed by a named reviewer.
Research & market entry
Sector evidence, licensing questions and VIFC scoping for institutions entering Vietnam.
Market entry →Project preparation
A structured dossier and evidence-gap list against lender checklists.
Bankability →Financial modelling & debt structuring
FCFF, debt schedule, DSCR, LLCR and equity returns, delivered as a live Excel model.
Try the model →Monitoring & reporting
Monthly milestones, cost variance and covenant tracking for sponsors and funders.
Monitoring →How we work
Prepared to the standards international capital applies.
IFC Performance StandardsEnvironmental and social risk framework used by development finance institutions.
Equator PrinciplesRisk framework adopted by project-finance banks for E&S due diligence.
IFRS and VASFinancial statements read and reconciled on the basis the investor reports in.
Lender cover ratiosDSCR and LLCR tested against the covenant set by the lender, in every scenario.
Scope
Decision, deliverables and fee agreed in writing.
Evidence
Documents received under NDA; every assumption tied to a source.
Model
Cash flows, debt and scenarios in a reconciled model.
Review
A second qualified reviewer checks and signs.
Deliver
Bilingual report, live Excel model and acceptance note.
Flagship service
Project Passport
A lender-ready project file in 3–4 weeks: bilingual dossier, financial model with debt schedule, DSCR, LLCR and three scenarios, and a named reviewer.
| Package | Delivery | From |
|---|---|---|
| Project Readiness Check (S03 Lite) | 5 working days | VND 25m |
| Project Passport (S03 + S04) | 3–4 weeks | VND 120m |
| International Standards Gap Review | 2–3 weeks | VND 60m |
| Opportunity Screening for funds (up to 5 projects) | 3 weeks | USD 6,000 |
| Project Monitoring (S10) | Monthly | VND 25m / month |
Vietnam International Financial Centre
Building the deal flow the centre needs.
With the Executive Council, two Operating Authorities and a common Supervisory Authority in place, the centre is moving to substantive operations, with energy, infrastructure, logistics and green-transition projects among the stated priorities.[5]
IBBC Capital’s contribution is practical: projects prepared to international standards, and evidence packs that let member banks, funds and asset managers decide faster. IBBC Capital is not a VIFC authority and does not act on its behalf.
VIFC gateway →
Leadership & governance
Accountable people, stated limits.
IBBC Capital is led by Dr. Richard Khiem Tran, Chief Executive Officer. Our governance framework covers conflicts of interest, independent review, data protection under Vietnam’s Law on Personal Data Protection, and client due diligence.
Insights & tools
See the method before you engage.
Sample Project Passport
USD 15m cold-storage case: requested loan vs. recommended structure.
Read →DSCR & debt model
Test a project with senior debt and download the Excel model.
Open →Vietnam research
Sector and sovereign-curve research with sources and dates.
Browse →Liquidity readiness
LCR/NSFR data-readiness prototype for bank treasury teams.
View →More IBBC Capital platforms, including the Finance Academy and project workspaces, are on the platform overview.
Start with a 30-minute scoping call
Tell us the decision you are preparing for. We reply within one working day.
Sources
- Viet Nam News — Viet Nam records 8.02% GDP growth in 2025 (Jan 2026, National Statistics Office)
- Vietstock — FDI inflows reach $38.42 billion in 2025; disbursed $27.62 billion (7 Jan 2026, Foreign Investment Agency)
- Vietnam Investment Review — Vietnam's registered FDI surpasses $50 billion in nine months (7 Oct 2026, National Statistics Office)
- Tilleke & Gibbins — Eight new decrees shaping the architecture of Vietnam's international financial centers (5 Jan 2026)
- Vietstock — VIFC moves from institution-building to substantive operations (8 Sep 2026)