Project owners
Infrastructure, energy, logistics, industrial and real-asset sponsors.
Project owner gateway →About IBBC Capital
Making Vietnamese projects investable, and Vietnam legible to international capital.
IBBC Capital is an independent research and project-preparation firm. We work for project owners preparing to raise capital and for investors assessing Vietnam, on one standard: sourced evidence, stated limits and a named reviewer.
Profile
What we do, and for whom
We prepare projects to the standards international lenders and investors apply, and give investors evidence they can underwrite. Our work supports the pipeline the Vietnam International Financial Centre is building.
Investors
Funds, banks, development finance institutions and corporates.
Investor gateway →Public sector
Public project teams, state-owned enterprises and PPP sponsors.
Public finance →
Leadership
Dr. Richard Khiem Tran
Chief Executive Officer. Doctorate in finance; focus on public and infrastructure finance, capital structures, credit analysis and banking risk management.
Full profile →Status transparency
What we do not claim
Institutions verify. We state each claim only with the evidence that would support it.
| Topic | Public status | Evidence before any claim |
|---|---|---|
| ISO 27001 / SOC 2 | Not certified | Certificate or independent report, with scope and date |
| Institutional clients | None named | Signed contract and written permission to name |
| Investor or project database | None claimed | Licensed, dated, rights-cleared source |
| Offices and licences | Only documented items | Registration certificate, lease or regulator letter |
| AI-assisted analysis | Drafts under human review | Test report and review log |
Standards
Nine standards we hold ourselves to
| Standard | What it means | Status |
|---|---|---|
| Data integrity | Source, date, usage rights, version and verification status recorded for every figure. | Applied in deliverables |
| Institutional reporting | Consistent structure, cited sources, stated method and limits, named reviewer. | Applied in deliverables |
| Model reconciliation | Excel models carry a checks sheet reconciled to the calculation engine. | Applied in deliverables |
| Conflicts of interest | Conflict check before every engagement; no acting for both sides. | Policy stated |
| Data protection | Processing under Law 91/2025/QH15; NDA before documents; no uploads via public forms. | Policy stated |
| Client due diligence | Identify client, beneficial owners and project origin before engagement. | Policy stated |
| Regulatory licensing | Investment advisory and capital introduction only after approval. | In progress |
| Information security | MFA, encryption, access audit, recovery tests; ISO 27001 and SOC 2 to be evaluated. Not certified today. | Roadmap |
| AI governance | AI used only for drafting under human review; NIST AI RMF and ISO/IEC 42001 as reference frameworks. | Roadmap |
Platform
Five systems in development
Trust Centre
Security and privacy policies, data controls and incident process.
Institutional data room
Per-organisation workspace, multi-factor access and per-document rights.
AI-assisted due diligence
Extraction, cross-checking and page citations, approved by an expert.
Project workspace
Financial model, debt and DSCR analysis, scenarios and Excel export.
Open →Research terminal
Licensed data, source tracking, update alerts and report export.
Roadmap
Targets, not commitments
| Horizon | Main work | Evidence of completion |
|---|---|---|
| 0–3 months | First paid engagements; licensing application; published policies | Signed contracts, acceptance notes, submitted application |
| 3–6 months | Institutional data room; independent security test | Penetration-test report; restore test |
| 6–18 months | Evaluate ISO 27001 and SOC 2; expand specialist network | Independent assessment; signed specialist agreements |
| 18–36 months | Licensed services, if approved; selected international contracts | Licence, recurring revenue, client retention |
Vendor due diligence
What a bank or fund reviews before engaging us
Entity & contracts
Registration records, scope, terms, liability and conflict management.
Security & privacy
Policies, data-processing terms and AI-vendor risk assessment.
Continuity
Backup, recovery and incident response.
Research quality
Method, sources, error control, citations and expert sign-off.
Methodology →Strategy
Building a trusted institution in stages
Research and project preparation
Prove quality and willingness to pay with fixed-fee engagements.
Advisory and capital introduction
Added one line at a time, each with team, mandate and legal basis in place.
Verified opportunities and investment
Only through permitted structures, with separate risk governance and conflict controls.