With an initial capital of VND1 trillion, BVIF has become one of the largest local funds.

Dau Minh Lam, general director of Baoviet Fund, said that it plans to introduce an open-ended bond fund as well as various investment products in the coming time.

Baoviet Fund is a unit of Bao Viet Holdings (BVH) and has total assets of nearly VND28 trillion. It currently manages Baoviet Equity Dynamic Open-ended Fund (BVFED), Baoviet securities investment fund (BVF1) and various entrusted portfolios.