This year’s merger-and-acquisition movement is coming to a somewhat quiet close in terms the fourth quarter of completions, but deals that have been stuck in due diligence or with approvals are finally moving forward.
FLC Group plans to invest US$1.5 billion in hi-tech agriculture in Vietnam in the 2018-20 period.
The Diamond Lotus Riverside Complex in District 8, Ho Chi Minh City will be built in accordance with green construction standards with US$30 million in investment from the Japanese Mitsubishi Group.
Vietnam has remained an attractive destination for foreign investors in 2017 with total FDI capital registered in the country hitting a record high of US$35.88 billion, up 44.4% against last year.
Work started construction of a 11.7 hectare hi-tech animal feed production plant on December 24 at Phuoc Tien Industrial Complex in Phuoc Tien commune, Bac Ai district, the southern central coastal province of Ninh Thuan.
In 2017, Vietnam saw soaring foreign investment capital inflows totalling at $35.6 billion, up 44.2 per cent compared to 2016.
The Vietnamese stock market has recently been showing signs of a revival in the market of bank stocks, with rising stock weight, growing trading volumes, and soaring degree of relative liquidity (DRL), whilst foreign investors and active shareholders flock to purchase huge amounts of bank stocks.
Out of 19 sectors invested in by foreign firms, processing and manufacturing made up the highest proportion, with US$186.1 billion of registered capital, equivalent to 58.4% of US$318.72 billion of total investment capital accumulated until the end of 2017.
VOV.VN - A rise in the number of investors in the Central Highland provinces this year has helped spur their socio-economic development, according to the Steering Committee of the Central Highlands.
The southern province of Dong Nai attracted over US$1.3 billion in foreign direct investment (FDI) this year, US$300 million higher than the set target.