The real estate sector in the central province of Quang Ngai has strong potential to grow, thanks to its geographic attributes but still-low property prices that appeal to investors.
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.
Financial institutes all report that foreign investors keep pouring capital into the Vietnamese stock market to take over Vietnamese profitable businesses.
VOV.VN - Vietnamese businesses have poured US$238.33 million in 81 new ventures abroad and an additional US$41.3 million into 21 existing overseas projects during the first seven months of this year, according to the Foreign Investment Agency under the Ministry of Planning and Investment.
Japan poured US$6.88 billion, 30% of the total foreign direct investment (FDI), into Vietnam in the first seven months of 2018, the biggest figure among 96 countries and territories investing here.
Prime Minister Nguyen Xuan Phuc hosted a reception in Hanoi on July 25 for investors who are planning to pour capital into a liquefied natural gas (LNG)-fueled power project in the Mekong Delta province of Bac Lieu.
Ho Chi Minh City is leading the country in the number of foreign travelers, amounting to 50% of the total to Vietnam. However, it lags behind other localities in the development of hotels.
A host of investment opportunities awaits developers in Ho Chi Minh City where authorities plan to develop underground spaces.
Despite recent drops in the VN-Index, Vietnam is still seen as a major destination for mergers and acquisitions in Asia.
The Ministry of Industry and Trade has granted 206 franchise licences for foreign brands in Vietnam since 2007, reports from the ministry showed.
The People’s Committee of the northern province of Hai Duong recently granted approval for the investment of a waste-to-electricity plant in Luong Dien commune, Cam Giang district.
Japanese real estate investors are moving towards an increasing presence in a range of large-scale projects in Vietnam.
Vemanti Group, Inc., a technology-driven holding company, has entered into a definitive agreement to take 20% equity interest in eLoan JSC (eLoan), a Ho Chi Minh City-based fintech company. The deal’s value has yet to be disclosed.
Vietnam’s attraction of next generation of foreign direct investment in high value-added sectors should be proactively, rather than retroactively, sourced to sustain the nation’s socioeconomic development and competitiveness.
The southern province of Binh Duong has called for more investment for the construction of a provincial wharf which will help to facilitate operations in local industrial and processing zones, said Chairman of the provincial People’s Committee Tran Thanh Liem.
Vina-Japan Shirogane Logistics Company Ltd on July 19 broke ground for a US$5.4 million logistics centre at the Phu My 3 Specialised Industrial Park in the southern province of Ba Ria–Vung Tau.
More than 30 businesses from Vietnam and Japan were brought together at an event in the northern port city of Hai Phong on July 19 to seek stronger investment links.
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.
Several major domestic and foreign groups will be committing to projects in the Mekong Delta city of Can Tho after signing memoranda of understanding on investment next month.