ExxonMobil has pledged 80,000 USD to help improve child healthcare in central Vietnam, contributing 50,000 USD to VinaCapital Foundation’s Survive to Thrive programme and 30,000 USD to Operation Smile Vietnam.
Vietnam is among the few ASEAN member countries to consistently improve its attractiveness to foreign investors due to its growing economy and improving business climate, according to experts.
A project called “Zone Startups Vietnam” was officially launched in Ho Chi Minh City on November 20, aiming to helping Vietnamese entrepreneurs access North America markets.
The eighth Scar of Life program will be held at the residence and garden of the French Consul General in HCMC on November 29 to raise awareness and funds for operations for disadvantaged children with congenital heart defects (CHD).
The Vietnam Opportunity Fund (VOF), managed by VinaCapital Group, on August 31 announced its US$25 million investment in the Tam Tri Medical Group, which owns four private hospitals in Da Nang, Nha Trang city, Ho Chi Minh City and Dong Thap province.
VinaCapital - the leading investment management group in Vietnam - on August 30 announced the establishment of VinaCapital venture capital fund at a scale of US$10 million, aiming to continue its investment strategies in technology startups.
Vietnam has been receiving big investments from Japan, Singapore and the Republic of Korea, and new capital from China.
VinaCapital has invested US$32.5 million in Ba Huan, a poultry egg producer, while Kido plans to join forces with a Thai partner to make bottled milk tea and herbal drinks.
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).
An increasing number of investors are looking to crack Vietnam’s egg market to meet rising demand and explore export opportunities.
Repeated warnings have been given in the last two years about the growing tendency of Vietnamese registering businesses in other countries such as Singapore and Thailand, though their production and sale activities are mostly carried out in Vietnam.
Huge investments have been flowing into the agriculture sector in recent years, making it increasingly competitive.
More and more Vietnamese manufacturers are calling for foreign investment to implement their business expansion plans.
A meeting was held in Hanoi on February 27 to review Vu A Dinh Scholarship Fund’s activities in 2017 and embark on its working programme for this year.
The closed-end VinaCapital Vietnam Opportunity Fund (VOF) has spent US$45 million to purchase shares of Binh Son Refining and Petrochemical Company (BSR) and PetroVietnam Power Corporation (PV Power) at their initial public offerings (IPO).
Asian real estate developers have increased their presence in Vietnam, while European and American investors have remained indifferent to the market.
Many Vietnamese famous brands, one after another, are being bought by foreigners.
Real estate stocks are expected to return to the spotlight in 2018, as the sector recovers from its chronic issues and firms gear up for major merger and acquisition deals.
During the last 10 months, Vietnam continued to see strong interest from developers for large-scale, mixed-use projects with residential components in major cities.
The Vietnam Opportunity Fund (VOF), managed by VinaCapital Group, invested US$11 million in the Orient Commercial Bank (OCB), owning nearly 5% stake in the bank.
