Chủ đề: invest

Speaking at the 13th Asia-Europe Meeting (ASEM) Summit held online on November 25 and 26 and chaired by Cambodian Prime Minister Hun Sen, Prime Minister Pham Minh Chinh presented four proposals to strengthen cooperation between Asia and Europe and said Vietnam will organize the “ASEM Roundtable on the Digital Economy” in 2022.

October the eighth consecutive month the number of new individual accounts surpassed 100,000.

While real estate is considered a secure sector to invest in, investors still weigh up the pros and cons when deciding which segment to invest in.

With low-interest rates on savings deposits reducing the financial income of insurance companies they are increasingly focusing on investing in stocks such as PVI, PGI, PTI, BIC, and BMI.

The positive signs in pandemic control and the widespread vaccination campaign in Vietnam have made investors more prepared to invest in its real estate market. According to experts, the country’s real estate sector is still considered one of the two safest investment channels, joining securities.

Economic zone in central Quang Ngai province to become a national center of petrochemical refining and energy, and develop shipbuilding and other industries associated with the exploitation of deep-water ports.

The US remained Vietnam’s largest export market in the first eight months of 2021, and direct and indirect investment capital from the US into Vietnam increased sharply in the period. BIDV Securities believes that the steel industry will be the leading beneficiary of growing Vietnam - US trade ties, followed by the textile and garment industry, seaports, fisheries, real estate, and industrial park real estate.

The Ministry of Transport (MoT) has submitted Report No. 7066/TTr-GTVT requesting the Prime Minister approve road network planning for the 2021-2030 period and vision to 2050. It proposes 25 key national projects and priority projects in the 2021-2025 period, which were identified according to the ability to allocate resources for the transport sector and the ability to mobilize capital.

Northern Thai Nguyen province is to build an industrial park (IP) costing VND793 billion ($34.71 million). Expected to come into operation in 2024, the IP will cover an area of 74.8 ha and aims to attract businesses in the fields of manufacturing technology, electronic components, supporting industries, apparel, handicrafts, and other industries.

Investment capital from the State budget to develop inland waterway infrastructure has remained quite low over the last five years, at just 1.5-2.5 per cent of the total for the endeavor.

Fintech companies and e-wallet providers in Vietnam are locked in hot competition in the fields of payments, retail lending, and consumer lending.

The Ministry of Transport has forwarded a document to the Prime Minister requesting that five southern localities - Ho Chi Minh City and Ba Ria-Vung Tau, Dong Nai, Binh Duong, and Long An provinces - be assigned to implement the Belt Road No. 4 project in the southern city under the PPP (public-private partnership) model. The ring road has a total length of 197.6km, with total investment estimated at VND100 trillion ($4.35 billion). Completion is expected prior to 2025.

The My Thuan Project Management Board has asked the Ministry of Transport (MoT) to review a proposal to build the Can Tho - Ca Mau Highway, which has total investment of VND41.9 trillion ($1.82 billion). The highway will stretch 124.8 km and pass through six provinces. Construction will be completed in two phases, between now and 2025.

The Danish corporation Orsted has proposed to invest into an offshore wind farm project in Hai Phong. Hai Phong authorities welcome the corporation's plan and will create favorable conditions for the investor.

Software automation testing provider Katalon has received an investment of $27 million from US fund Elephant Partners

In cooperation with An Phat Holdings, English fund Actis will invest $20 million into An Phat industrial park (IP) and $250 million into an infrastructure and warehouse project.

In the first 5 months of 2021, the Vietnamese market has witnessed many successes of M&A activities from domestic and foreign businesses, which in turn helped to develop many real estate projects in provinces and cities across the country. Many new projects are expected to be implemented soon in the provinces including Hai Duong, Nam Dinh, Nghe An, Quang Nam, Thua Thien Hue, and Vinh Long.