Investment

Vietnam`s National Assembly, the country`s supreme legislative body, has decided to delay the voting on a draft law on special administrative-economic zone (SEZ), which had been scheduled for June 15.

Positive policy changes and improved bad debt resolution are making Vietnam’s banking industry become more attractive to foreign investors, experts have said.

Vietnam is considered as one of the most attractive destinations for mergers and acquisitions (M&A) activities in ASEAN, in which Thai investors are showing a higher appetite than most.

The Government will propose shortening the maximum land leasing tenure of 99 years at special administrative economic zones (SEZs), said Prime Minister Nguyen Xuan Phuc.

The establishment of special administrative - economic zones (SEZs) will have no impact on investment and development policies of Hanoi and Ho Chi Minh City, Deputy Prime Minister Vuong Dinh Hue has affirmed.

Despite the slowdown of FDI inflows in the first five months of this year, projects approved in the rest of the year will get the capital source back on track, officials forecast.

Minister of Planning and Investment Nguyen Chi Dung said many people are deliberately distorting the nature of the draft law for special economic zones (SEZs), which contains no word about China.

Ho Chi Minh City Securities Corporation (HSC) has completed the purchase of 7.2 million shares, equivalent to 10.6% charter capital in taxi firm Vinasun, according to the Ho Chi Minh Stock Exchange (HoSE).

Many foreign firms are exploring investment opportunities in Vietnam’s agriculture, fueled by the country’s innovation desire and commitments to streamline red tape in the sector.

For special administrative - economic zones (SEZs), the important issue would be to create favorable business environment, Prime Minister Nguyen Xuan Phuc has been quoted by local media as saying.

Hanoi-based Techcombank made a debut on the Ho Chi Minh City Stock Exchange (HoSE) with shares traded at VND102,400 (US$4.49) on June 4 at the close, down 20% from their reference price of VND128,000 ($5.62) apiece.

Mekong Enterprise Fund III (MEF III), a private equity fund of Mekong Capital has completed an investment in mattress and bedding solution provider Vua Nem, announced the fund on June 4.

The main hurdle in the divestment process of Hanoi Beer Alcohol and Beverage (Habeco) is its existing contract with Carlsberg, said Vice Minister of Industry & Trade Do Thang Hai.

Vietnam National Shipping Lines (Vinalines) expected to hold its initial public offering (IPO) in August and the first general shareholders meeting in September, informed the Group.

Tax incentives and land leasing policies at special administrative-economic zones (SAEZs) have generated mixed opinions among experts, especially with regard to the duration of the incentives on offer.

Vietnam’s foreign direct investment (FDI) disbursement continued a positive trend in the first five months of 2018 while there was a reduction in the registered FDI capital.

After three decades of attracting foreign direct investment (FDI), it is high time for the government to come up with a new strategy to lure and optimize the capital inflow.

The country retains its position as Vietnam’s leading source of foreign direct investment (FDI), during the first five months of this year.

Deputy PM Trinh Dinh Dung has ordered the Ministry of Transport and Communication to conduct the pre-feasibility study report of the North - South high-speed railway project in order to submit to the National assembly.

Eighteen state-owned enterprises (SOEs) poured US$7 billion in 110 overseas investment projects as of December 31, 2016, according to a recent report delivered to the National Assembly (NA).