Vietnam is committed to opening door for foreign investors, especially in the field of services, according to the roadmap in signed bilateral and multilateral free trade agreements.
Politburo member and Chairman of the Party Central Committee’s Economic Commission Nguyen Van Binh received President of Warburg Pincus Timothy Geithner and Vice President of Nike Chris Helzer in Hanoi on December 17.
The large market and great potential of the non-cash payment sector in Vietnam explain why investors keep pouring money into payment technology firms, though the firms continue making losses.
Vietnam's growing tourism industry and thriving economy have drawn interest in the country's hotel and resort market from investors across the region, making Vietnam one of the most talked about markets in Asia Pacific.
Foreign investors are actively seeking investment opportunities with higher returns in Vietnam via operating hotel assets with in-place cash flow.
Vietnam's start-up sector is closing the gap with regional leaders Indonesia and Singapore with new investment, according to a Nikkei Asian Review article.
Prime Minister Nguyen Xuan Phuc hosted a reception in Hanoi on May 7 for Timothy Geithner, former Secretary of Treasury of the US and now President of Warburg Pincus, during which he appreciated the US firm’s investment in several projects in Vietnam.
Prime Minister Nguyen Xuan Phuc received Phil Falcone, Senior Managing Director of Harbinger Capital, and Timothy Geithner, Director of Warburg Pincus, in New York on September 27.
Sansiri Group, one of the leading real estate companies in Thailand, officially entered the Vietnamese market and announced a strategic partnership with real estate distributor Denzell.
VOV.VN -Vietnam desires to cooperate with developed countries, including Australia on climate change response, head of the Party Central Committee’s Economic Commission Nguyen Van Binh said while receiving Australian Ambassador for the Environment Patrick Suckling in Hanoi on August 16.
Vietnam’s industrial real estate market has been becoming a magnet for foreign direct investment (FDI) enterprises thanks to robust growth of macro-economy.
The funds managed by Alp Asia Finance have become a shareholder of Asia Commercial Bank (ACB) since May 7, holding a 10% stake of the bank. Whistler Investments Limited and Sather Gate Investments Limited both have 102.2 million ACB shares, each of which holds 51.1 million.
Two separate legal entities managed by Warburg Pincus would invest over US$370 million in the Vietnam Technological and Commercial Joint Stock Bank (Techcombank), announced the bank on March 12.
The People’s Committee of the southern province of Binh Duong on March 12 granted investment certificates to 19 projects.
The American firm is backing rising imports and exports to drive Vietnam’s logistics sector.
VOV.VN - Prime Minister Nguyen Xuan Phuc has underlined Vietnam’s appreciation for the role of foreign investors, who want to partner with the country during the process of equitization of State-owned enterprises.
Warburg Pincus, a leading global private equity firm, and asset management firm VinaCapital has announced the establishment of a joint venture spanning over development, acquisitions, and operation in the hospitality industry across Southeast Asia.
Vietnam's leading property firm Vingroup said on June 29 its retail unit, Vincom Retail, has received additional funding of around US$100 million from a consortium led by an affiliate of US private equity firm Warburg Pincus.
(VOV) - Vietnam will create the best possible conditions for foreign investors, including those from the US, to establish long-term partnerships and operate efficiently in the country.