Vinpearl announced that it has secured a $255 million strategic investment from SeaTown Private Credit Fund III, Oman Investment Authority, and Vietnam Oman Investment.
SeaTown Private Credit Fund III is managed by SeaTown Holdings International. Vietnam Oman Investment serves as Oman Investment Authority’s dedicated investment platform and asset manager in Vietnam.
The investment was made in the form of convertible dividend preference shares issued by Vinpearl. Jefferies acted as the exclusive financial advisor to Vinpearl on the transaction.
Vinpearl said the investment reflects confidence from international financial institutions in the company’s position, growth potential, and long-term development strategy. The transaction also reflects investor confidence in Vietnam’s tourism and hospitality sector.
Founded in 2003, Vinpearl is a major Vietnamese tourism, hospitality, entertainment, and experiences brand. The company operates 60 facilities across 20 provinces and cities.
Vinpearl’s ecosystem includes 5-star hotels and resorts with more than 17,500 rooms, 16 VinWonders theme parks, 6 golf courses, and 3 international-standard convention and performing arts centers under the VinPalace brand.
The company also operates 2 semi-wildlife conservation parks, an equestrian academy, and large-scale live entertainment shows in destinations including Nha Trang and Phu Quoc.
Vinpearl said the new investment will provide additional resources for its long-term development plans. The company plans to continue enhancing its products and services while contributing to the development of Vietnam’s tourism industry and the wider region.
SeaTown is an Asia-focused alternative investment firm headquartered in Singapore. The firm is owned by Seviora Holdings, Temasek’s asset management group, and invests across private and public markets.
Oman Investment Authority is the sovereign wealth fund of the Sultanate of Oman. In Vietnam, it invests through Vietnam Oman Investment, which serves as a capital bridge between Oman, the wider GCC region, and Vietnam.
KEY QUOTES:
“Vietnam’s tourism and hospitality sector continues to demonstrate long-term growth potential, driven by rising domestic demand and growing international arrivals. As experienced, long-term investors in Vietnam, we are committed to supporting the market’s next phase of development, and view Vinpearl as a well-positioned partner in this dynamic sector.”
Representative of SeaTown
“As a capital bridge between Oman, the wider GCC and Vietnam, VOI has been an active investor in Vietnam for many years, with investments across a range of sectors and companies. We see Vietnam as one of the most dynamic economies in the region, with substantial long-term growth potential. Based on that conviction, we are broadening our investment focus into new high-growth areas, and Vinpearl is a flagship example of this strategy. As one of Vietnam’s leading hospitality and tourism platforms, Vinpearl is well-positioned to benefit from rising domestic consumption, growing international arrivals and continued sector expansion.”
Representative of Vietnam Oman Investment
“We are pleased to welcome SeaTown, OIA and VOI as strategic partners of Vinpearl. This investment not only provides additional resources for our long-term development plans, but also represents recognition from international institutions of Vinpearl’s operational capabilities, strategic vision, and growth potential. With the support of reputable global investors, we will continue to enhance our products and services, and contribute positively to the development of Vietnam’s tourism industry and the wider region.”
Representative of Vinpearl