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SSIAM Asset Management Co., Ltd. (SSIAM), CCI CrossBorder (CCIX) and Daiwa Corporate Investment (DCI) have signed a Cooperation Agreement to establish a strategic cooperation framework, aimed at creating and expanding opportunities for joint investment and capital funding between Japanese financial institutions and Vietnamese enterprises. Under a model of equal partnership, the three organizations with complementary strengths in finance and investment in Vietnam and Japan will jointly build a practical cooperation framework. Leveraging each party's expertise, networks, and resources, SSIAM, CCIX and DCI will proactively seek, structure and implement mid- to long-term investment and funding opportunities, contributing to sustainable growth for Vietnamese enterprises and the economy. In addition to CCIX's investments via the Vietnam Growth Fund DAIWA-SSIAM 4 co-managed by DCI and SSIAM, the new cooperation mechanism will broaden to CCIX's capital solutions, including credit and other intermediary financing forms. With a multi-tier funding framework, i.e., a mechanism for allocating capital across a range of diverse financial instruments, the three parties aim to support the sustainable development of Vietnamese enterprises through activities: (1) Jointly deploying investment and funding opportunities in Vietnam, building mechanisms to meet diverse capital needs of enterprises. (2) Supporting connections and expanding networks between Vietnamese enterprises and stakeholders. (3) Sharing information and perspectives on market trends, sector developments and the legal and institutional environment. This cooperation mechanism also marks a step forward in Japanese financial institutions coordinating with leading investment platforms in Vietnam to provide financing for the real economy (manufacturing and business sectors). Accordingly, the parties expect to further clarify the role of Japanese financial institutions in high-growth markets, with practical approaches and concrete implementation directions in Vietnam. In the time ahead, the three parties will continue to promote exchanges and implement cooperative activities to deepen this financial model and contribute to the sustainable development of Vietnam's market. SSIAM is among the largest fund management companies in Vietnam and is a subsidiary of SSI. SSIAM currently manages assets over USD 1 billion with a diverse range of products from open-end funds, ETFs, private equity funds and asset management. CCIX is the international business arm of CCI Group (formerly Hokkoku Financial Holdings) – a leading regional banking group headquartered in Japan, operating globally with activities including banking services, leasing, advisory and digital services. DCI is the investment arm of Daiwa Securities Group, one of Japan's largest financial-investment groups. DCI focuses on supporting startups and growing companies through private equity investments. DCI has co-managed the Vietnam Growth Fund with SSIAM since 2009."
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