In previous disclosures, the role of Eastspring Vietnam’s representative was undertaken by CEO Ngo The Trieu, who has over 15 years of experience with the company.
According to Eastspring Vietnam’s website, Vice President Nguyen Quoc Dung and CEO Ngo The Trieu are the two members of the company’s management board. Mr. Dung is responsible for operations, business development, and strategy formulation.
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Mr. Dung has over 24 years of experience in financial consulting, investment banking, and Vietnam’s stock market. Prior to joining Eastspring Vietnam in April 2025, he spent over 17 years with Vietcap Securities, mainly in the Investment Banking and Institutional Sales Trading divisions. He has also held senior roles in accounting and auditing at Gannon Group, Vietnam Brewery, KPMG Vietnam, and Arthur Andersen Vietnam.
Mr. Dung holds a Master of Business Administration from the French-Vietnamese program (CFVG) and a Bachelor of Corporate Finance from the University of Economics in Ho Chi Minh City. He also possesses a fund management practitioner certificate issued by the State Securities Commission.
In 2024, Eastspring Vietnam’s leadership underwent changes, with the dismissal of non-executive chairman Faizal Gaffoor on August 28, 2024, despite his appointment only a few months prior on April 28, 2023. Soon after, Terence Lim Ming Wan was appointed as his replacement on September 13, 2024.
Eastspring Investments Limited was established in 2005 with a chartered capital of VND 25 billion, fully contributed by Prudential Vietnam Assurance Private Ltd. – a 100% foreign-invested enterprise. The company was initially named Prudential Vietnam Fund Management Company Limited and was renamed on December 9, 2011.
Eastspring Vietnam is headquartered on the 23rd floor of the Saigon Trade Center, 37 Ton Duc Thang, Ben Nghe Ward, District 1, Ho Chi Minh City. The company’s main activities include establishing and managing securities investment funds, portfolio management, financial consulting, and securities investment consulting.
In the first quarter of 2025, the company generated over VND 92 billion in revenue, ranking third in the fund management industry. This marked a 13% increase compared to the same period last year.
Breakdown of the revenue structure: Investment portfolio management activities (including investment solutions and asset allocation services) contributed the most, generating nearly VND 80 billion, while the remaining came from securities investment fund management, operating bonus fees, and other activities.
Finally, the company posted a net profit of nearly VND 48 billion, ranking third in the industry, although this figure represented a 4% decrease compared to the previous year.
As of March 31, 2025, the company’s total assets amounted to nearly VND 586 billion, a 10% increase from the beginning of the year. Notably, the entrusted investment portfolio reached nearly VND 159,000 billion, ranking second in the industry, a slight increase of 2%, and 271 times the total assets.
In the entrusted investment portfolio, the company allocated over 59% to bonds, over 30% to long-term deposits, and more than 10% to stocks.
– 15:02 05/06/2025
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