TOKYO — BIDV Securities JSC (BSC), a member of BIDV and Amova Asset Management (AMOVA), a member of Sumitomo Mitsui Trust Group (SMTG) on Monday signed the Joint Venture Cooperation Agreement for the establishment of BIDV–AMOVA Fund Management Company.

The signing was under the Việt Nam–Japan Public–Private Forum on Economic, Scientific and Technological Cooperation, themed “Co-creating Technology, Shaping Future Value Chains” was jointly organised by ministries and government agencies from both countries. The forum brought together nearly 1,000 delegates and guests, representing major economic groups, enterprises and financial institutions from Việt Nam and Japan.

The move strengthens cooperation between BIDV and SMTG in asset management and investment. Once operational, BIDV-AMOVA Fund Management Company is expected to draw on both partners’ expertise to diversify investment products, attract international capital and support the development of Việt Nam’s capital market.

Also on November 9, BIDV joined nearly 50 leading corporations and enterprises from Việt Nam and Japan at a high-level roundtable hosted by the Japan Business Federation (Keidanren). The roundtable provided an opportunity for BIDV to strengthen ties and foster further collaboration with its strategic Japanese partners.

Through its engagements in Japan, BIDV has strengthened its role in connecting businesses and investors from both countries and supporting bilateral trade and investment cooperation.

Speaking at the forum, BIDV Chairman Lê Ngọc Lâm said the bank had expanded partnerships with Japanese counterparts, turning strategic commitments into practical projects. These include its partnership with SMTG to establish BIDV–SuMi TRUST Leasing Company, which provides additional financing solutions for small and medium-sized enterprises (SMEs). — BIZHUB