Opportunities

The recent withdrawal of Vietnamese groups from billion-dollar oil refinery projects is paving the way for potential foreign investors, especially those from Thailand and China, to jump in the industry.

IFC`s 8% stake in VietinBank is now valued at nearly US$350 million.

Vietnam is speeding up the equitization process, which is an opportunity for foreign investors, including Carlsberg, according to Prime Minister Nguyen Xuan Phuc.

Vietnam`s new wind power push is forecast to create an investment wave in the industry as seen in the solar power industry previously, dubbing a landmark for the country’s renewable energy outlook.

The said share amount will be offered in private placement and will not be transferable in one year.

Deputy Prime Minister Vuong Dinh Hue stated that Vietnam will provide incentive commensurate with environmentally-friendly products, the government portal reported.

By the end of 2018, state-run Vietnam Bank for Agriculture and Rural Development, known as Agribank, will complete the corporate valuation process, said the bank`s chair.

Instead of divesting at PV Gas, state-run Vietnam Oil and Gas Group (PetroVietnam) will focus on divesting stake at other subsidiaries.

The project is expected to have an investment of US$500 million, according to the head of Saigon Hi-tech Park (SHTP).

Petrolimex, Vietnam`s largest petroleum distributor, has suggested postponing the further sale of its shares until the 2019 - 2020 period, citing unfavorable market conditions in 2018 as reason.

The move is in line with the plan for comprehensive restructuring of PetroVietnam in the 2017 - 2025 period.

With rapidly growing consumer demands for food and beverage (F&B) products, Vietnam - a market of more than 95 million people with rising income - is offering ample space for global franchisors to expand in the sector.

Foreign investors have been accelerating the share acquisition or capital contribution in Vietnamese firms, helping the country’s M&A heat up and improve the firms’ transparency significantly.

Vietnam`s capital city of Hanoi has undergone remarkable changes over the past ten years since the expansion of its administrative boundaries.

Vietnamese companies have remained in the taste of foreign investment funds despite a rising trend of capital withdrawal from emerging and frontier markets.

Mass immigration has caused Hanoi to face a number of environmental problems, including air pollution and traffic jam.

A number of foreign companies are showing interest in becoming major shareholders of debt-laden Vietnam National Shipping Lines (Vinalines).

The processing and manufacturing sector continued to attract the major share of foreign direct investment (FDI) in Vietnam in the first half of 2018, with US$7.91 billion.

The government should reconsider the technology transfer target of foreign direct investment (FDI) firms as the technology employed by the businesses isn’t as modern as expectation.

Hanoi has taken numerous measures to improve its business environment in a bid to lure more both domestic and foreign investors. Hanoitimes talks to Mr. Nicolas Audier, EuroCham Co-Chairman regarding what Hanoi can do better to meet this goal.