Investment

The Vietnamese leadership seems to have been inspired by Singapore and the Nordic countries which would ensure more sustainable and equitable growth.

The project will improve the road connectivity between the Noi Bai-Lao Cai Expressway and northwestern provinces of Vietnam, enhancing economic opportunities for some of the poorest people in the project area.

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.

With continuous improvement in the investment environment to facilitate investors and businesses, the revised law will also create good conditions for foreign investors to join the Vietnamese market

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.

The event will help enhance ties with the US, which will pay the way for Vietnam, especially Hanoi, to lure more American investors, whose investment in Vietnam remains modest.

Vietnam cannot meet the target even with costly investment promotion programs to attract FDI capital in case the global investment capital flow is tightened.

This wave of relocation would help develop Vietnam’s supporting industry.

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.

With the current context, the experts believed Vietnam has a golden opportunity to streamline its laws and policies to make a leap.

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.

While most Asian economies are vulnerable to the ongoing trade dispute between China and the US, Vietnam is a possible exception, as it may attract parts of the global value chain that currently run through China.

Chinese enterprises are forecast to shift their investment strategies by pouring more capital into building plants in Vietnam to take advantage of its integration commitments within ASEAN and other free trade deals, which will contribute to pushing up M&A activities.

The figure somewhat showed results from the Vietnamese government’s privatization progress.

"The challenge for both businesses and government is to redouble our efforts to get the EVFTA ratified and implemented as soon as possible.”

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.