News

The vibrant mergers and acquisitions (M&A) market in Vietnam is expected to witness more successful M&A deals and new state divestments, which is a big opportunity for domestic and international investors.

The Chan May - Lang Co Economic Zone in the central Thua Thien – Hue province attracted 43 projects with total investment of nearly VNĐ40 trillion (US$1.76 billion) in the first ten months of the year.

Under the theme “Viet Nam: We Mean Business!”, Vietnam Business Summit is held on 7th November at Ariyana Convention Centre (ACC).

The strategy stipulates government’s intervention to support enterprises to compete fair and square on a same playground.

Foreign direct investment (FDI) capital registered in Vietnam reached a record US$28.24 billion in the first ten months of this year, up 37.4 percent year-on-year.

The People’s Committee of the southern Binh Duong Province has recently announced the list of 20 projects that it will give top priorities to calling for investment in the phase of 2017-2020.

Speaking at the opening ceremony at the conference “Gateway to Vietnam” with theme “Capital Market – A new driver for Vietnam’s Economic Growth” held at Ho Chi Minh city on October 25, the Deputy Prime Minister Truong Hoa Binh said Vietnam has put priority on developing capital market.

Japanese investors have so far poured more than US$5.2 billion in 249 projects in the southern Binh Duong Province, Nguyen Thanh Truc, Director of the province’s Planning and Investment Department, said on October 25.

Mergers & Acquisitions (M&A) activities within the Vietnam real estate market continued to witness strong momentum in the third Quarter of 2017 with an increased number of transactions in commercial and residential sectors.

As Vietnam is entering a new phase of development, the government focuses on new strategy in FDI attraction, with more attention to quality instead of quantity, as such, FDI enterprises should contribute more to the human resources training and technology transfer.

SCIC is expected to announce the initial price for sale of more than 3% of shares of Vinamilk, which is expected to receive $280m in return.

Vincom Retail, the Vietnamese mall operator – a subsidiary of the Vingroup Corporation, launched on October 16 a domestic initial public offering (IPO) that could potentially become the country’s biggest-ever share sale from the private sector, with the estimated revenue of 713 million USD.

Central Da Nang City is calling for investment in a metro line project to connect it with its neighboring city of Quang Nam Province’s Hoi An.

Ho Chi Minh City, Vietnam’s biggest economic hub, on Wednesday called for investment in 133 projects at an investment promotion conference.

Foreign capital registered to invest in Vietnam will reach roughly US$28 billion this year, the Ministry of Planning and Investment (MPI) estimates.

With the advantage of participating in free trade agreements, Vietnam is becoming an attractive destination for foreign investors, especially world leading corporations such as Samsung, Microsoft, LG with plans to move their factories to the country. This has played a big part in expanding Vietnam’s export, and also increases demands for transportation.

The Ministry of Planning and Investment (MPI) has drafted an economic-socio development plan for 2018 with a GDP growth target of 6.5 per cent.

Vietnam`s Ministry of Industry and Trade decided to cut business and investment red tape in half in an effort to simplify the administrative process, especially for private, small and medium enterprises.

According to experts in real estate, investors with understandings of the market and not so large investment at the beginning, investors can still make a sizeable profit with condotel right at the center of Hanoi with advantage of economic viability.

On September 27, the Ministry of Industry & Trade, along with the Embassy of Germany in Vietnam and Siemens have jointly held the conference “Smart cities”.