Vietnam’s private capital market shifts from growth-at-all-costs to patient capital

Share:

At VIPC Summit 2026, Nguyen Thanh Thao, CEO of Thien Viet Securities (TVS), said Vietnam’s private capital market is entering a more disciplined phase, as investors increasingly prioritise “patient capital” - long-term capital focused on governance, operational resilience, and sustainable growth rather than aggressive expansion and short-term valuation gains.