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Wave of M&As forecast for Vietnam
With a raft of free trade agreements on the way, a checklist of equitisations, and new legislation in place to support foreign investment, a new wave of M&As are forecast to sweep across Vietnam.
Doors open for foreign homebuyers
Hoa Binh Group has become the first local developer to capitalise on the amended Residential Housing Law to sell apartments to foreigners.
Canon Vietnam deploys planting forest cooperation project
Canon Vietnam has successfully organised the planting forest start ceremony “For a green Vietnam” in 2015 at Ben En National Park in Nhu Thanh district in the north-central province of Thanh Hoa.
PetroVietnam feels concerned for impending FTAs
Vietnam’s oil giant PetroVietnam has just raised concerns over the country’s impending implementation of free trade agreements, claiming this could negatively affect budget contribution of the country’s first oil refinery at Dung Quat and the profitability of the group.
Japan pushes eco-urban area growth partnership
The Japanese government will help Vietnam develop and operate its eco-urban areas through the use of new technologies, credit and provision of training and sharing of experiences, according to Japanese experts in a recent meeting in Hanoi.
VinaCapital partners-up on new South Hoi An deal
After over two years of searching, Vietnam-focused asset management firm VinaCapital has finally found prestigious partners including Macau-based SunCity Group and Hong Kong-based Chow Tai Fook Enterprises Ltd to replace Malaysia’s Genting Group for their proposed US$4 billion integrated casino resort in Quang Nam province.
Compal chooses phones in Vietnam return plan
The world’s second largest computer notebook contractor Compal will resume production at its Vietnam factory, after years of closing due to global economic recession.
Law offers real estate breakthrough
The recent resurgence in the country’s residential real estate segment has partially been attributed to the changes in legislation that are set to take effect from July 2015 according to industry insiders.
Nha Trang attracts more developers
Already famous as one of Vietnam’s leading holiday destinations, the central province of Khanh Hoa’s Nha Trang city continues to attract foreign invested hospitality and housing projects.
Vietnam lays ground for power sector coal imports
Vietnam will stop exporting coal dust as of this year as part of efforts to secure coal supplies for the country’s thermal power production demands which are forecast to increase in the future.