Vietnamese companies may soon have more ways to obtain medium‑ and long‑term financing, thanks to a new partnership between a local asset manager and a Japanese investor. The agreement could also open doors to Japanese business networks.

SSI Asset Management Company (SSIAM) and Daiwa Corporate Investment (DCI) signed a memorandum of understanding in Tokyo to promote investment cooperation. The MoU also seeks to link Vietnamese businesses with more than twenty Japanese regional banks and credit‑rating agencies.

Under the agreement, the two parties will jointly manage the Daiwa‑SSIAM Vietnam Growth Fund IV, which is intended to mobilise medium‑ and long‑term capital with Japanese regional banks acting as investors. The fund will create financing options such as direct lending, mezzanine financing and co‑financing for Vietnamese firms.

SSIAM expects to disburse funds for two to three transactions in the fourth quarter of 2026, gradually turning the plan into real financing for companies that need growth capital. This timeline gives Vietnamese firms a clear horizon for accessing new sources of money.

Japan’s Rating and Investment Information recently upgraded Vietnam’s foreign‑currency issuer rating to BBB‑, the first investment‑grade rating for the country. The upgrade is likely to make Japanese investors more comfortable allocating capital to Vietnamese projects.

Because Japanese regional banks are facing slower credit demand at home, they are looking for new markets and will use this partnership to connect with Vietnamese companies. In practice, the collaboration could widen funding choices and create cross‑border business opportunities for Vietnam’s growing firms.