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The reason behind such positive sentiment was the high percentage of Japanese firms in Vietnam reporting a profit, reaching 65.3%, up 0.2 percentage point year-on-year.

Key Tronic would invest in manufacturing facility worth US$70 million to produce 100 million car lights for export, while Universal Alloy Corporation Asia Pte (UAC Group) a US$170 million factory manufacturing aircraft components and parts.

Vietnam’s food delivery market is valued at US$33 million and is forecast to reach US$38 million in 2020.

Profit generated from the group’s previous projects in Vietnam would be utilized for the race-track complex project.

The facility is expected to cover an area of 20 – 30 hectares for computer parts production, which would later be exported to the US worth US$3 billion.

At the current market price of VND93,000 (US$4.03) apiece, Taisho may spend about VND86 billion ($3.7 million) to buy the share amount in subject.

As stated by Vietnam Securities Depository (VSD), VOF Investment Limited, a wholly-owned subsidiary of VinaCapital, has transferred 3.05 million FPT shares to Australia’s Macquarie Bank and 500,000 to Florida Retirement System.

For a share price of VND128,500 (US$5.52) apiece, the company’s valuation is set at VND217.8 trillion (US$9.4 billion).

State-run Vietnam Bank for Agriculture and Rural Development (Agribank) and Vietnam Posts and Telecommunications Group (VNPT) have been essential in the government’s initiatives for sustainable development.

The Hanoi-based hi-tech park expects to attract quality projects creating high spill-over effects to the city and surrounding provinces.

The funds generated will be used to pursue other opportunities in Vietnam.

By acquiring the investment, Cinnamon is expected to accelerate the growth through the expansion of customer network to the US, while building strong organizations to provide cutting-edge AI technologies and quality customer services in Japan, Vietnam, and Taiwan (China).

While Hon Hai did not indicate the move was related to orders for Apple, in a separate filing the Taiwanese manufacturer said it was selling on the Vietnamese land rights to a unit of Hong Kong-listed FIT Hon Teng, an iPhone cable and connector maker Foxconn controls.

Allianz is expected to bring its digital insurance products and services into Vietnam – a key emerging market and one of the fastest growing economies in Asia, said the group’s executive.

More than half of the funding came from domestic investment funds, indicating a growing interest from the domestic investors for start-ups and their willingness to invest, local media reported.

Once completed, the center would be IKEA’s main supply hub for its Southeast Asian market, Vnexpress reported.

No industrial zones are deep inland and the key ones are tied with seaports, underpinned by increasing investment in infrastructure.

Samsung is stepping up investment activities in Vietnam, including the construction of a research & development (R&D) center. Part of the process would be the transfer of Samsung’s cutting-edge technologies to the center, said a Samsung executive.

Vietnam Stock Exchange, which would be headquartered in Hanoi, is 100% owned by the Ministry of Finance.

Vietnam has become an important market for Asahi Group, especially in nutritional products for children, said the group’s executive.