HANOI,
Vietnam, July 22, 2024 /PRNewswire/ -- Mox
Capital, an alternative investment private hedge fund based in
Vietnam and Singapore, is revolutionizing the investment
landscape with its diverse portfolio and dedication to preserving
cultural heritage. With Assets Under Management (AUM) of
USD1.4 billion, Mox Capital invests
in a range of opportunities beyond traditional investments,
including equity, stocks, physical art, automobiles, watches, and
gems, with a recent focus on art and culture. This innovative
approach merges traditional values with modern business models,
driving economic value while preserving cultural
heritage.
"We have invested in projects that reflect our vision, from a
USD29 million media company to
various small high-luxury businesses in the F&B sector and
services related to local traditional cultures," said
Nguyen Dinh Giang, Chief
Operating Officer and co-founding partner at Mox Capital.
Born in Hanoi during
Vietnam's significant transition
post-Soviet Union and 'Doi Moi'
reforms, Giang was deeply influenced by his grandfather, a polyglot
and former deputy finance minister. Their shared love for
Vietnamese history and debates sparked Giang's passion for his
roots. Dong Nguyen, a Vietnamese
historian and co-author of Loi Dong Tinh
Phi, attests to Giang's impact, saying, "In this era of
rapid globalization, it is inspiring to see an entrepreneur who
deeply understands Vietnamese culture and history and uses that
knowledge to make a lasting impact. Giang's vision and efforts make
him an extraordinary individual who truly stands out."
As globalization accelerates, preserving cultural values becomes
increasingly crucial. Vietnam,
like many countries, has faced numerous challenges over the
centuries, including attempts by foreign powers to erase its
culture. Traditional values such as solidarity, community,
patience, humility, politeness, integrity, respect for hierarchy,
and family are deeply ingrained in the Vietnamese identity. Giang
aims to ensure these values remain strong amidst globalizations.
"Invasions may not always take the form of armed conflict but can
occur through cultural imposition. Our responsibility now is to
safeguard our cultural roots and use them to make meaningful
advancements in contemporary markets," Giang asserted.
Recognizing Vietnam as an
emerging market attracting significant Foreign Direct Investment
(FDI), Giang believes in looking beyond the minutiae of business to
the macro situation. Vietnamese culture has begun to influence
global trends through platforms like TikTok and cuisine movements
towards fresh, organic, and low-sodium food. Giang believes Mox
Capital can be early adopters of the Viet-wave - the next cultural
phenomenon similar to Japan,
China, and Korea.
"At Mox Capital, we seek to elevate those who are as creative as
they are courageous. We don't follow the traditional incubation
model but seek young, passionate entrepreneurs who align with our
rapid pace and alternative investment focus," Giang elaborates. His
vision extends beyond financial returns, emphasizing that
preserving and promoting niches, especially those rooted in
Vietnamese heritage, will lead to sustainable success.
Mox Capital aims to cultivate startups that embrace their
heritage while addressing global market demands. "Great things
start small but grow exponentially," Giang observes. "We support
businesses that align with our values and can grow to create
significant impacts, locally or globally." This approach emphasizes
a strong foundation respecting and building upon traditional
values. By supporting niche entrepreneurs, Mox Capital seeks to
integrate local cultures into the modern economy, shaping the
future of entrepreneurship and cultural preservation. Giang's
commitment to innovation and traditional values ensures that
Vietnam's cultural heritage
remains strong and relevant.
For more information about Mox Capital's unique investment
strategies, visit https://mox.capital/
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SOURCE Mox Capital