Standing Deputy PM hosts Head of Asia for Blackstone Private Equity

Pham reiterated that Viet Nam highly values Blackstone's global expertise in mobilizing and managing long-term capital, investing in business development, enhancing corporate governance, and creating sustainable value.

The Southeast Asian nation hopes to strengthen cooperation with Blackstone in priority sectors, including infrastructure, financial services, healthcare, technology, innovation, advanced industry and manufacturing, logistics, real estate, and other high value-added industries, said the Deputy Prime Minister.

He urged Blackstone to play a greater role in the development of its corporate sector through equity investments, share acquisitions, mergers and acquisitions (M&A), and strategic partnerships with high-potential enterprises.

The host called on Blackstone to support Vietnamese businesses in strengthening corporate governance, expanding into new markets, meeting international standards, and enhancing their competitiveness in regional and global markets.

In addition, he expected that Blackstone would explore cooperation opportunities in developing the country's capital market, the international financial center, modern investment instruments, long-term investment funds, and growth funds in line with Vietnamese regulations.

Dixit, for his part, said that Blackstone currently manages approximately US$1.3 trillion in assets and is a publicly listed company on the New York Stock Exchange, operating with transparency and strong corporate governance. The firm has invested in numerous markets, including Viet Nam, where around 11,000 employees work within companies across its business ecosystem.

Blackstone is keen to expand its investments in Viet Nam, particularly in high-potential sectors such as infrastructure, real estate, healthcare, and other high value-added industries, he noted.

Across Asia, Blackstone has mobilized substantial capital for investment activities and stands ready to join in infrastructure development projects in Viet Nam, he shared.

According to Amit Dixit, Viet Nam's development orientation, including its ambition to achieve high economic growth and to strengthen the competitiveness of its economy, is well aligned with Blackstone's long-term investment strategy.

Blackstone hopes to support Viet Nam not only through capital investment but also by sharing its expertise in corporate governance, enterprise development, and its global network of industry experts, stated the guest./.