Opportunities

Hanoi must keep following the international development trend, to catch up with the new technology and science to avoid making Hanoi`s investment environment obsolete.

Ho Chi Minh City is present on the list of Asia’s most enterprising cities and is home to large clusters of services, engineering, finance and retail firms, and strong creative industries, according to JLL, a leading firm that specializes in real estate and investment management.

16 companies from India introduced their outstanding research studies in suggestion for bilateral partnerships during the fourth Vietnam – India defense industry business meeting in Hanoi on June 13.

Buyers from Germany, Japan, India and beyond are kicking the tires on Vietnam`s great state asset sale, said Bloomberg.

The Belgian Vietnamese Alliance (BVA) and the Flanders Investment and Trade (FIT) held a meeting on May 3 with a delegation of Belgian businesses ahead of the delegation’s visit to Vietnam from May 13-18 to explore cooperation opportunities.

Deputy Transport Minister Nguyen Ngoc Dong has pledged to create the most favorable conditions for calling international investment capital in the eastern North-South expressway.

The development of Phu Quoc, Van Don, and Northern Van Phong needs an innovative, outstanding business environment and institutions, experts said.

Quang Ninh province leaders on April 25 have had a meeting with potential investors for the implementation of three super projects with value ranging from US$10 - 15 billion in Van Don special economic zone.

Many Japanese investors are keen on investing in the Mekong Delta, Japanese Ambassador to Vietnam Umeda Kunio affirmed at a conference in Can Tho city on April 18.

A representative of the Indian Consulate General in Ho Chi Minh City recommended Vietnamese companies look for investment opportunity in the Indian market of 1.3 billion people, particularly in garment and textiles.

Techcombank launched on Friday the nation`s biggest IPO that aims to raise as much as US$922 million and has attracted global funds as cornerstone investors, stated in a Reuters report.

The Ministry of Finance (MoF) said in its appraisal report that the necessary capital investment to set up 3 economic zones to be at VND1.570 trillion (US$69 billion).

Vinhomes, the luxury villa and serviced apartment development arm of Vietnam`s biggest property developer Vingroup (VIC), has registered to list nearly 2.7 billion shares on Ho Chi Minh City Stock Exchange (HoSE).

2018 is expected to be an active year in the Hanoi retail market with a total of 157,000 sqm coming from eight under-development projects.

Vietnam will create favourable conditions for enterprises from the South Korea to invest in Vietnam, Minister of Labour, War Invalids and Social Affairs Dao Ngoc Dung told Kyung Shik Sohn, Chairman of the Korea Employers Federation, in Hanoi on March 23.

TPBank is expected to list its shares on the Ho Chi Minh Stock Exchange (HoSE) on the second quarter of 2018, announced the latter on March 23.

Taekwang Corporation has expressed its interest to invest in PetroVietnam Power (PV Power) in a deal that could potentially rise up to VND12 trillion (US$525.6 million), according to the latter`s recent statement.

FPT Retail sent IPO registration to the Ho Chi Minh City Stock Exchange with 40 million shares, equivalent to a chartered capital of VND400 billion (US$16 million).

Deputy PM Vuong Dinh Hue on March 17 requested the Steering Committee for Enterprise Innovation and Development to finalize legal frameworks to continue the restructuring process of state-owned enterprises (SOEs).

TPBank will fix the list of securities holders as a basis to list shares on the Ho Chi Minh Stock Exchange, the bank announced on its website on March 15.