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Pinault forms Vietnam fund

Artemis, the holding company of French billionaire Francois-Henri Pinault’s family, said it had set up a new fund to invest in Vietnam, whose growing economy has attracted many overseas investors.Artemis said on Monday that it had set up the Red River Holding fund with Openasia Capital. Red River Holding has $225 million available to invest mainly in Vietnamese companies that are not quoted on the stock market.

read the rest published by Reuters here:

http://www.reuters.com/article/rbssConsumerGoodsAndRetailNews/idUSL0320011720080303