Investment

Vietnam should further promote the transparency if it wants to attract more FDI inflow from the world’s leading investors, especially those from the US and EU, into high-tech and modern services sectors, experts suggested.

After a long time making merger and acquisition (M&A) deals to set foothold in Vietnamese market, foreign retailers are ramping up their expansion plans to gain more market share here.

The cooperation with Aeon was supposed to boost efficiency in Fivimart`s corporate governance, promoting brand and expanding the network, but reality didn`t meet expectations.

More Hong Hong (China) investors are eyeing Vietnam as it is a good destination to seize huge opportunities of the ASEAN-Hong Kong Free Trade Agreement (AHKFTA), which will enter into force early next year.

A new generation of European investors, including those from Francophone countries, will enter Vietnam when the EU-Vietnam Free Trade Agreement (EVFTA) is approved.

With the offering price of VND61,000 (US$2.61) per share, PAN Group booked proceeds of VND820 billion (US$35.13 million) from the deal.

Some regulations on privatization of state-owned enterprises (SOEs) are causing difficulties for the businesses to find strategic investors in their state divestment, industry insiders said.

Once completed, the plant is expected to supply around 80 million kWh of electricity for the national power grid annually.

The registration period of purchasing the said amount share is scheduled from September 20 to September 30, 2018.

The project covers an area of 60 hectares in My Thanh Bac commune, Duc Hue district and is scheduled to be put into operation by June 2019.

After concluding the transaction, Macquarie Bank increases its shareholding at Yeah 1 from 1.55 million shares or 4.96% to 1.58 million shares or 5.06%.

Vietnam`s consumption of construction steel was expected to continue growing, and the market was attractive to investors.

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

With the starting price of VND15,000 (US$0.64) per share, Viettel Global would be valued at around VND33.65 trillion (US$1.45 billion).

With the completion of this divestment, all of the investments in Mekong Capital`s first three funds have been fully exited, making Mekong Capital one of the first private equity funds in Asia to have fully divested three funds.

The acquisition would make SK Group the largest foreign shareholder in Masan, which is now valued at about US$5 billion.

FPT sets the target of turning into the world-class DT service provider, stated Truong Gia Binh, FPT`s chairman.

Preferential policies in the renewable energy industry have helped Vietnam lure more foreign investors to enter the industry rapidly through mergers and acquisitions (M&As) with local peers.

The transport ministry has completed the feasible study of the project`s eastern section with length of 654 kilometers and investment capital of VND118.71 trillion (US$5.07 billion).

The project is the first solar power plant in Mekong Delta province of Long An.