Singaporean investors are continuing to pour capital into e-logistics firms to tap into the fast-growing market in Vietnam.
Dragon Capital signed a strategic agreement with the Institute of Strategy and Policy on Natural Resources and Environment (ISPONRE) on environmental protection and biodiversity for the next three years.
Though the current legal regulations allow foreign investors to fully own a local firm, it still prevents the investors from pouring funds into some conditional business lines, such as banking and aviation sectors with foreign ownership cap limited at 30 percent.
The Ho Chi Minh City Stock Exchange (HoSE) is reviewing two new products for the market, including restricted shares and non-voting depository receipt (NVDR), aiming to facilitate the accessibility to Vietnam’s capital market for foreign investors.
Dragon Capital, a Ho Chi Minh City-based fund management company, has become a major shareholder in Vietnam’s three biggest securities firms.
The Global Reporting Initiative (GRI), Hanoi Stock Exchange and Ho Chi Minh Stock Exchange held a seminar in Hanoi on June 18 to discuss sustainability reporting for listed Vietnamese companies.
Two large foreign investment funds managed by VinaCapital and Dragon Capital have spent $21 million buying a 25 per cent stake in Century Land JSC (CenLand).
Foreign investors have poured trillions of dong into shares of large infrastructure companies which promise modest but stable profits.
Following initial success, some Vietnamese businessmen have made daring decisions pouring trillions of dong into huge projects, vowing to turn their conglomerates into businesses of international stature.
Unions between Korean financial institutions and Vietnamese securities or asset management firms are on trend, with visible upsides for both parties.
Along with investing $17 billion in high-tech complexes in Thai Nguyen and Bac Ninh provinces, Samsung plans to encroach on other sectors in Vietnam.
Aiming to accelerate inroads into the Vietnamese stock market to keep pace with compatriot competition who are already present in Vietnam, Samsung Securities decided to acquire stakes in local asset management companies, one of which is Dragon Capital.
Information and communication technology group FPT Corporation has sold six million shares or 30% of its stake in FPT Digital Retail JSC to funds managed by and associated with Dragon Capital and VinaCapital.
Dragon Capital and VinaCapital have completed the purchase of a 30 per cent stake, equaling six million shares, in FPT Retail, aiming to plunge deeper in the retail sector in general and the mobile retail sector in particular.
Solar power field is still a lucrative field as evidenced by a growing number of foreign investors expressing intentions to pour capital into new projects.
The Dragon Capital Management Limited of the US discussed its plan to build a solar energy plant with authorities of the Mekong Delta city of Can Tho at a working session on July 25.
VOV.VN - International Finance Corporation, a member of the World Bank Group, has agreed to provide VPBank of Vietnam with a US$57 million convertible loan, Deal Street Asia has reported.
Vietnam’s mergers-and-acquisitions market has the potential to draw more Asian investors to a growing pool, as they search for opportunities away from slowing domestic markets. However, there need to be more high-quality share offerings if Vietnam wants to spur them into action.
To ensure sufficient electricity for the coming decades, the Vietnamese government is implementing the National Green Growth Strategy with a stress laid on developing various types of energy, including coal-fired and renewable sources.
Dragon Capital Group (DCG) announced that it has offset all of its annual carbon emissions by purchasing Voluntary Emission Reduction (VER) certificate from a Vietnamese rural biogas project.