Công ty Đầu tư Tài chính nhà nước TP.HCM
Business overview
Company backgroundHFIC is a 100% state-owned enterprise under the People's Committee of Ho Chi Minh City, established by reorganizing the Urban Development Investment Fund of Ho Chi Minh City (HIFU).
HFIC acts as the main public financial institution of Ho Chi Minh City, mobilizing capital domestically and internationally, lending and investing in key projects, managing state capital in enterprises, and implementing interest support policies. HFIC manages a portfolio of 30 investments valued at approximately 6,545.9 billion VND, including stakes in major companies such as CII, Cholimex, HSC, REE, KENHDONG, HDBank, and Eximbank.
HFIC was established by Decision No. 576/QĐ-UBND dated February 2, 2010, reorganizing HIFU and expanding its functions to represent state capital ownership in companies transferred by the Ho Chi Minh City People's Committee.
HFIC has a charter capital of 7,612 billion VND as of 2025 and has been involved in financing and investing in major infrastructure projects in Ho Chi Minh City such as Phu My Bridge, Saigon Bridge 2, and the expansion of Hanoi Highway. HFIC has issued convertible bonds related to CII and has attempted to sell rights to purchase these bonds, indicating active financial operations in the capital market.
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