Inspired by many Republic of Korea (RoK)'s businesses and investors making a splash in Vietnam, many RoK's financial institutions are seeking to further invest or shore up their operations here. And it is not only RoK's businesses, but local ones too that such investors are aiming at.
With their home only a two-hour flight away, investors of luxury apartments from Hong Kong are now looking to the emerging city of Hanoi, where accommodation is cheaper than elsewhere in the region.
A large number of Vietnamese businesses are in distress after ransomware GandCrab attacked their computers, demanding a ransom of US$400-1,000.
The overload at the country’s airports is expected to be reduced as a wave of large investors are seeking investment opportunities in the aviation infrastructure segment.
While trending toward investment expansion in Vietnam, US investors are seeking the government’s support to solve their policy concerns regarding the renewable energy, mechanical engineering, beverage, and IT sectors.
The list of renewable energy projects registered by foreign investors in Vietnam has been lengthened by projects from Thai and Spanish investors.
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).
BASF jointly organised a technical seminar in Nha Trang in cooperation with the Khanh Hoa Department of Construction to introduce its concrete admixture solutions MasterEase to help concrete producers and constructors in this region to create durable, high quality concrete structures faster and easier.
Thai-based Kasikornbank (KBank) in conjunction with the Ministry of Planning and Investment held the co-organising seminar titled "Holistic empowerment of SMEs: How public and private sectors can join hands to develop SME landscape" on March 30.
Foreign investors at state-owned firms are looking to increase their holdings via M&A deals to solidify their footholds in Vietnam.