Foreign investors in Vietnam disbursed a total of US$9.85 billion from begining of this year to July 20, up 8.8% from a year earlier, the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment said.
Vietnam’s property market was attractive to foreign investors in the first two quarters of this year, with bustling merge and acquisition (M&A) activities, according to real estate firm Savills Vietnam.
With a two-digit growth rate in many years, Vietnam’s pharmaceutical market has boosted foreign drug firms to continue merger and acquisition (M&A) deals with their Vietnamese counterparts in a move to get higher revenue from the potential market.
Retail, consumer goods, and real estate are forecasted to lead the Vietnamese mergers and acquisitions (M&A) market in 2018. In addition, the value of the M&A market is forecast to stay above $6 billion.
The southern province of Dong Nai attracted nearly US$980 million of foreign investment so far this year, equal to 97% of its target for the whole year, according to the provincial Department of Planning and Investment.
The government’s refusal to extend the deadline to look for strategic investors closes the gates for foreign investors looking for a strategic stake in Vietnam Oil Corporation (PV Oil).
The stock market is still seeing foreign investors pour money into bank shares, analysts say.
Japan overcame 86 countries and territories to become the largest foreign investor in Vietnam in the first six months of this year, with US$6.47 billion, or 31.8% of the total registered capital.
The manufacturing-processing sector continued to attract the major share of foreign direct investment (FDI) in Vietnam in the first half of 2018, with US$7.91 billion, accounting for 38.9% of the total registered capital.
Many foreign enterprises have expressed interest in becoming strategic investors in Vietnam National Shipping Lines (Vinalines) following the Prime Minister’s approval of the firm’s equitization plan.
Capital contribution and share purchases by foreign investors via mergers and acquisitions (M&As) in HCMC amounted to some US$2.5 billion during the year up to late May, 3.6 times higher than the value of foreign direct investments, according to the HCMC Department of Planning and Investment.
Healthy domestic banks should focus on improving the transparency in their audited financial statements to attract foreign investors as some banks have recently succeeded with the strategy, experts suggested.
Nam Long Group, one of the leading housing developers in Vietnam, will put 40 million shares on sale to whip up money for its key projects, one of which is the $341 million Akari City in Binh Tan district, Ho Chi Minh City.
VOV.VN - Vietnam’s hotel market has followed an upward trend recently with an increasing number of projects bearing foreign brands with foreign managers.
The Republic of Korea (RoK) has been the biggest investor among 86 countries and territories investing Vietnam so far this year, with total investment of US$2.63 billion, accounting for 26.5% of total foreign direct investment (FDI) the country has attracted in the reviewed period.
The processing and manufacturing industry has been the most attractive sector for foreign investors this year, according to the Foreign Investment Agency under the Ministry of Planning and Investment.
Vietnam's gross domestic product (GDP) is expected to grow 6.6 per cent in 2018, down slightly from 6.8 per cent last year.
Ho Chi Minh City recorded expanding foreign direct investment (FDI) in the first five months of 2018 thanks to effective trade and investment promotion activities, said the municipal Department of Planning and Investment.
Vietnam is regarded by foreign investors as a top ASEAN destination to explore investment opportunities via mergers and acquisitions (M&A), heard a recent seminar on ASEAN M&A in Ho Chi Minh City.
The Vietnamese Government always creates favourable conditions for foreign businesses, including those from the Republic of Korea (RoK), to invest and expand operation in the country, said Minister and Chairman of the Office of the Government Mai Tien Dung.