The funds managed by Alp Asia Finance have become a shareholder of Asia Commercial Bank (ACB) since May 7, holding a 10% stake of the bank. Whistler Investments Limited and Sather Gate Investments Limited both have 102.2 million ACB shares, each of which holds 51.1 million.

Finance technology solutions are growing rapidly in Asia Pacific. In Vietnam, all conditions are favorable to pave the way for the fintech market to boom.

The FMCG sector in Vietnam is predicted to continue to have a growth rate of 20% per annum until 2025.

Foreign investors have been net sellers over a couple of weeks, but this does not mean they are leaving Vietnam, experts say. 

New World, Diamond Plaza and other imposing construction works are considered symbols of a dynamic Ho Chi Minh City. 

Besides quality of products, distribution networks determine who will win the competition in the FMCG (fast-moving consumer goods) market.

Online sellers now are not fighting for profit but for market share, analysts say.

Just within one year, the Ministry of Finance (MOF) proposed raising a series of taxes, citing international practices and the goal of increasing tax collections for the state.  

Le Hong Viet, technology director of FPT, the Vietnamese largest information technology firm, said AI (artificial intelligence) has had an extremely big impact on the economy and society. 

Analysts have found similarity between foreign investors’ net sales in Vietnam and global capital flow trends.