ABOUT
Bridging Belgium and Vietnam
through impactful investment
5I2 Capital is an investment firm connecting global expertise and capital to transformative opportunities in Vietnam, focused on long-term growth, sustainability, and measurable social impact.
OUR STORY
It started with a site visit. In 2016, members of the founding team visited an Agent Orange victims shelter, linked to their work on a solar park. What they saw, families still living with a 60-year-old toxic legacy, largely forgotten by the world, stayed with them.
What followed was years of building something that had never existed before: forging partnerships, securing exclusive access to the only proven remediation technology in Vietnam (validated at over 99% efficacy in 2022) and designing an investment model from scratch. Along the way, Belgium became the first country in the world to adopt a parliamentary resolution supporting Vietnamese AO victims, cementing the bilateral foundation on which AIFI stands.
The three-pillar model that emerged (remediation, Eco-Industrial Parks, and An Vui Mart) is one of a kind. In February 2026, the Vietnamese Prime Minister gave it his full endorsement, assigning ministries to make it happen.
Aquitara Impact Fund I is the first investment model of its kind. Endorsed at the highest level of the Vietnamese government.
WHAT 5I2 MEANS
5I2 refers to the coordinates that connect our two home countries — 51°N for Belgium, 21°N for Vietnam. Two countries, one mission.
51°N
Belgium
21°N
Vietnam
OUR FUNDS
Aquitara Impact Fund I
€100M fund · remediates AO-contaminated land, develops solar-powered Eco-Industrial Parks, and launches An Vui Mart micro-stores for AO-affected families in Vietnam.
Aquitara Philanthropic Fund
Supports and expands the An Vui Mart network beyond the fund's lifetime · managed by the King Baudouin Foundation.
OUR THREE-PILLAR APPROACH
A three-pillar model built to turn remediation into returns, and returns into lasting impact
Every dollar invested in Agent Orange remediation unlocks land rights at incentivised prices, which are then developed into Eco-Industrial Parks powered by renewable energy. The third pillar ensures the communities most affected by Agent Orange benefit directly and lastingly.
01 — Remediation
Agent Orange land remediation
Funding thermal desorption remediation of TCDD (dioxin)-contaminated land in designated provinces, in exclusive partnership with Haemers Technologies, the only company with a validated proof of concept in Vietnam, achieving over 99% efficacy and no waste.
02 — EIP development
Eco-Industrial Park development
Developing solar-powered Eco-Industrial Parks in the Northern Part of Vietnam, in one the country's fastest-growing industrial corridors, delivering investment-ready land to factory and warehouse developers.
03 — Social enterprise
An Vui Mart - Micro Convience Stores
Donating micro-convenience stores to Agent Orange-affected families, in collaboration with VAVA. Three pilot stores operational since July 2025, providing families a path to self-sufficiency and economic dignity.
KEY MILESTONES
From a site visit to a state-level endorsement
A decade of groundwork, proving the technology, building the partnerships, and earning the political validation to make it happen.
2016
The visit that started it all
Members of the founding team visit an Agent Orange victims shelter during their work on a solar park, a moment that set the course for everything that followed.
2022
Proof of concept validated
Haemers Technologies completes the first and only successful Agent Orange remediation proof of concept in Vietnam, at Bien Hoa Airbase, achieving >99% efficacy with zero waste. AIFI holds exclusive access to this technology.
2023
Belgian Parliament resolution: a world first
Belgium becomes the first (and today still only) country in the world to adopt a parliamentary resolution supporting Vietnamese Agent Orange victims and remediation, cementing the bilateral foundation on which AIFI stands.
2024 -2025
Strategic partnerships established
Trusted partnerships built with leading Vietnamese players across finance, construction, real estate, and social impact, each bringing execution capacity, market access, and local credibility.
Haemers Technologies
King Baudouin Foundation
VAVA
MB Bank
Viettel Construction
Savills
April 2025
Belgian Royal State Visit: Elevated to state level
MoU signed with VAVA at the Presidential Palace in the presence of King Philippe and President Luong Cuong. Agent Orange remediation confirmed as the key Belgium-Vietnam cooperation priority.
Aug 2025
VAVA Friendship Award & first An Vui Mart stores
AIFI receives the VAVA Friendship Prize on national television, recognising the An Vui Mart concept. First 3 pilot stores launched in Dong Nai province, all operational and generating income for AO-affected families.
Jan 2026
From bilateral priority to European commitment
When Vietnam and the EU signed their Comprehensive Strategic Partnership on 29 January 2026, which includes cooperation on war legacy issues, the work that AIFI had been building for years quietly became part of a much larger story. What started as a Belgian initiative now sits within the broader framework of Europe's relationship with Vietnam
Feb 2026
Full Prime Minister endorsement
Prime Minister of Vietnam gives full endorsement of the AIFI three-pillar model, the first and only investment model of its kind to receive Vietnamese government validation. Relevant ministries assigned to coordinate implementation.
KEY OPERATIONAL PARTNERS
Built on trusted partnerships
Our investment model relies on a carefully selected group of partners, each bringing execution capacity, market access, and deep sector expertise in their respective fields. These relationships have been built over years of sustained engagement and are central to the fund's credibility and operational delivery.
REMEDIATION TECHNOLOGY
Haemers Technologies
Haemers Technologies is a Belgian company specialising in the permanent elimination of soil contamination. In 2022 they completed the first successful Agent Orange remediation trial in Vietnam, with results independently verified across all soil types found at contaminated sites. 5I2 Capital works with Haemers Technologies through an exclusive partnership for Agent Orange remediation in Vietnam.
CONSTRUCTION & INFRASTRUCTURE
Viettel Construction Corporation
One of Vietnam's leading infrastructure and construction companies, part of the Viettel Group, with nearly 11,000 employees and a strong track record across large-scale industrial and infrastructure projects. Partners with 5I2 Capital on EIP construction, local procurement, and workforce development.
INDUSTRIAL
PROPERTY
Savills Vietnam
One of the world's leading real estate advisory firms, with deep expertise in Vietnam's industrial property market. For AIFI, Savills Vietnam provides independent market intelligence, land valuation, and sales support for our Eco-Industrial Park developments.
BANKING &
FINANCE
MB Bank
One of Vietnam's largest and most trusted financial institutions, offering a full range of corporate and retail banking services and recognised for its strong capital base and extensive national network. MB Bank is a valued partner in supporting the AIFI investment model in Vietnam.
SOCIAL AND PHILANTHROPIC PARTNERS
Supporting communities, sustaining impact
Our social and philanthropic partnerships are built on shared values and long-term commitment. Each partner brings deep community trust, local knowledge, and the operational capacity to ensure our work reaches those who need it most and creates lasting change beyond the fund's lifetime.
SOCIAL IMPACT
VAVA
The Vietnam Association for Victims of Agent Orange/Dioxin is one of Vietnam's most influential civil society organisations, representing hundreds of thousands of families still living with the consequences of Agent Orange. VAVA works tirelessly to support victims through advocacy, care programmes, and community initiatives across the country. VAVA is our key partner in the An Vui Mart programme, supporting family selection, community engagement, and impact monitoring on the ground. AIFI is proud to be VAVA's first official international sponsor.
PHILANTHROPHY
King Baudouin Foundation
The Aquitara Philanthropic Fund is managed by the King Baudouin Foundation (KBF), one of Europe’s most respected public-benefit foundations known for its strong governance and transparent management of philanthropic initiatives. Through this partnership, all contributions are handled with the highest standards of accountability and care.
They manage the Aquitara Philanthropic Fund, our dedicated philanthropic initiative committed to restoring dignity, opportunity, and sustainable livelihoods for families affected by Agent Orange.
