While foreign investors continue selling in the share market, they have been buying more than selling in the bond market since early 2019.
The number of investors opening new accounts in 2019 fell from the previous year, according to the Vietnam Securities Depository (VSD).
In 2019, foreign investors bought in shares worth VND3.7 trillion (US$159.67 million), but offloaded over US$4.4 trillion (US$189.88 million).
Foreign investors have poured around 36.4 billion USD into the Vietnamese stock market by the end of 2019, a rise of 11.6 percent from a year earlier, according to the State Securities Commission (SSC).
The Vietnamese stock market is very promising in the eyes of foreign investors. However, the barriers in liquidity and transaction fees have discouraged them.
Foreign, as well as overseas Vietnamese doctors providing health check-up and treatment services in Vietnam, will be required to speak fluent Vietnamese, according to a draft amended law on medical examination and treatment.
The management boards of the North-South Expressway’s sub-projects have received applications from 32 domestic investors and joint ventures.
The limit for foreign investors’ ownership in Vietnamese air transport businesses will be increased to 34 per cent from the current 30 per cent, according to a prime minister’s decree signed last week.
Legislature discusses visa-free policy for foreigners entering certain coastal economic zones.
The National Assembly’s Foreign Affairs Committee has pointed out the main obstacles to investment by foreign investors in Vietnam and the Government’s management of foreign-invested firms.
Vietnam’s machinery and equipment market has achieved solid growth in recent years and the momentum is expected to continue, making the country increasingly attractive to foreign investors, experts have said.
Many foreign investors have expressed interest in the Vietnamese market but poor infrastructure and logistics have made them hesitant to do business here in the country.
Some small banks in Vietnam are seeking investors from Asia such as South Korea, China and Japan.
Positive business performance and the divestment of State capital from enterprises has helped firms in the water supply and drainage sector draw attention from investors.