Equitisation of State owned enterprises (SOEs) has progressed well in 2011-2016 and the first eight months of 2017 thanks to various ministries and sectors, economic groups and localities getting onboard, said an official from the Ministry of Finance.
The Vietnam Prosperity Joint Stock Commercial Bank (VPBank) started listing 1.3 billion shares on the Ho Chi Minh Stock Exchange on August 17, while having received US$1.2 billion worth of purchasing offers from foreign investors.
More foreign investors are looking to enter Vietnam’s food and beverage market, especially via mergers and acquisitions.
Along with licensed projects, foreign investors, especially Tata Power and ACWA Power, found new opportunities in the renewable energy sector in Vietnam.
The State Capital Investment Corporation (SCIC) will sell 48.33 million shares or 3.33 percent of its stake in the Vietnam Dairy Products JSC (Vinamilk) in October, SCIC Chairman Nguyen Duc Chi said.
Domestic and foreign businesses are rushing to invest in infrastructure projects in Hanoi to cash in on the growing local demand.
An increasing number of foreign investors are eager to invest in metro projects in Vietnam to cash in on the country's growing public transportation demands.
JX Nippon Oil & Energy is receiving close to $15 million in the first year after acquiring Petrolimex shares. This, coupled with the fact that there are 29 petroleum import-export distributors in Vietnam, makes the petroleum retail market especially lucrative.
Vietnam will lift restrictions in areas including services, telecommunications, financing and banking among others, facilitating foreign investors’ engagement and raising their ownership stakes in domestic firms, said Prime Minister Nguyen Xuan Phuc.
The northern province of Quang Ninh drew in more than US$47 million in foreign direct investment (FDI) in the first six months of 2017.
The Vietnamese real estate market continues to attract capital from regional foreign investors, mostly through mergers and acquisitions.
The country's resort sector is looking like an attractive proposition as tourist numbers continue to climb.
The northern mountainous province of Ha Giang rolls out the red carpet for foreign investors, including those from Japan, to seek investment opportunities, Chairman of the provincial People’s Committee Nguyen Van Son has said.
Experts claim that despite the 2014 policy permitting non-Vietnamese citizens to purchase houses in Vietnam, variations in the interpretations of the policy leave investors sceptical and unsure about how to calculate risk.
Foreign investors are upbeat about opportunities in Vietnamese private equity, but remain concerned about the small market size and low levels of liquidity.
The Vietnam National Petrolimex Group (Petrolimex) has sold 14.4 million shares at VND750 billion (US$32.9 million) to foreign investors since the group listed its shares coded PLX on the Ho Chi Minh Stock Exchange (HoSE) on April 21.
The Vietnamese Government’s decision on providing incentives for solar energy projects in Vietnam has attracted foreign investors to the field, including those from Taiwan.
The newly established five modal (rail/road/air/river/sea) infrastructure network has brought a great deal of investment to the Red River Delta, especially Haiphong, delegates told a recent seminar held in Ho Chi Minh City.
Foreign investors have poured US$10.95 billion into new and operational FDI projects and to buy stakes in local companies in the first four months of 2017, up 40.5 % from the same period last year, according to the Foreign Investment Agency (FIA).
The Vietnamese stock market has reached nine year peak with the strong purchase from foreign sector, who has posted the net purchase of VND3,478 billion (US$153 million) on two bourses in the first quarter.