Entrusted Funds Management

Reputation Drives Success

HFIC receives and manages capital entrusted for investment, investment lending, debt recovery, and the allocation of capital for projects and works from the City Budget, as well as from domestic and foreign organizations and individuals.

In the past period, HFIC effectively managed and utilized entrusted budget capital for its intended purposes. Typical projects include: The Price Stabilization Program for essential goods, the renovation of the power grid within the City, Investment in the Kenh Dong Water Supply Network, the Construction of the City Asset Auction Service Center headquarters, the Science and Technology Information Center, Loans to socio-political organizations (HCMC Farmers' Association, HCMC Women's Union, HCMC Youth Union, HCMC Veterans Association, and HCMC Federation of Labor), and the Phu My Investment and Construction Project.

Key entrusted funding sources include:

  • Ho Chi Minh City Budget Funds
  • Ho Chi Minh City Science and Technology Development Fund
  • Power Grid Rehabilitation Projects within Ho Chi Minh City
  • Ho Chi Minh City IT Human Resource Development Support Fund
  • Entrusted funds from socio-political organizations such as the Women’s Union, Veterans’ Association, Youth Union, and the City Labor Federation.

Other areas of operation

Lending Activities

Lending Activities

Providing concessional loans and entrusted lending for essential socio-economic infrastructure proje...

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Capital Mobilization

Capital Mobilization

Mobilizes medium- and long-term capital from both domestic and international sources to finance the...

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Investment

Investment

Directly invests in the City’s key sectors, acting as a strategic and pioneering investor to attract...

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State Capital Management in Enterprises

State Capital Management in Enterprises

Performs the rights and responsibilities of a State capital representative in enterprises, ensuring...

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Local Government Bond Issuance

Local Government Bond Issuance

Authorized by the Ho Chi Minh City People’s Committee to issue local government bonds, mobilizing me...

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