Vietnamese lender Techcombank will list its shares on the Ho Chi Minh Stock Exchange next month, the bank said on May 23, making it the country’s seventh biggest firm by market value.
Thai investors are expected to increase their presence in Vietnam through capital contribution and M&A deals, analysts say. This will pose a challenge for Vietnamese goods.
More than VND116 trillion (US$5.11 billion) is needed to build Long Thanh airport and upgrade Noi Bai and Tan Son Nhat airports for the 2018-2021 period, with a vision to 2025, according to the State-owned Airports Corporation of Vietnam (ACV) investment plan.
Hoa Lac Hi-tech Park granted investment certificates to four projects worth nearly VND11 trillion (US$484 million) combined in the first four months of this year, the park’s management board said on May 22.
Ho Chi Minh City is calling for investment in waterway and seaport projects.
The PetroVietnam Oil Corporation (PVOIL), an subsidiary of the Vietnam Oil and Gas Group (PetroVietnam), has selected four investors who are qualified to become strategic shareholders of the firm, PVOIL General Director Cao Hoai Duong said at a meeting with its shareholders on May 22.
Foreign investors’ proposal to increase the minimum investment capital of universities to VND1 trillion (US$43.9 million) is expected to create a fair playground for both local and foreign investors in the education sector. But will it really?
Ho Chi Minh City is giving the priority to luring new-generation foreign direct invest (FDI) in the fields of high technology and urban development, along with FDI attraction in the four main industries and two traditional sectors.
The Republic of Korea (RoK) poured US$2.32 billion in Vietnam in the first four months of 2018, making up nearly 30% of the inflow of investment in the Southeast Asian country.
The real estate sector in the northern coastal province of Quang Ninh, which is a pillar of the economic triangle of Hanoi-Hai Phong-Quang Ninh, has become more attractive to investors thanks to the robust development of local infrastructure, according to Vice Chairman of the provincial People’s Committee Vu Van Dien.