Latest News about foreign investors
Some small banks in Vietnam are seeking investors from Asia such as South Korea, China and Japan.
The logistics market has become more vibrant in recent times with large merger and acquisition (M&A) deals between Vietnamese businesses and foreign investors, especially those from Japan and the Republic of Korea.
The Vietnam Securities Depository (VSD) granted licences to 464 foreign investors in July, including 58 institutional investors.
Vietnam’s industrial zones have been attracting attention from foreign investors thanks to its robust economic growth, abundant workforce, and the signing of various free trade deals which are expected to form a more favourable business climate.
icon SCI-TECH & ENVIRONMENNT
Vietnam’s telecommunication market is becoming more attractive to foreign investors as it has returned to the growth path in the first half of 2019 after a long period of saturation.
In alignment with improvements in investment policies, both domestic and foreign investors are expected to approach the most comprehensive legal consultancy services on investment in Vietnam.
Foreign companies account for 80% of Vietnam`s logistics market, which is likely to be valued at US$87 billion by 2022.
Foreign investors have been encouraged to take advantage of the double benefits Viet Nam is offering through its commitments in the many trade pacts signed with other countries.
The State Securities Commission (SSC) is working with relevant ministries and agencies to issue specific guidance to facilitate foreign direct investment (FDI) firms in listing on the Vietnamese stock market.
According to the Vietnam Logistics Business Association, Vietnam’s logistics market has grown by about 12-14 percent annually in recent years.
Hong Kong topped the list of 95 countries and territories investing in Vietnam in the January-June period, with a total investment of $5.3 billion, making up 28.7 percent of the new FDI inflow into the country.
Foreign investors registered to pour US$1.73 billion into Viet Nam in June, bringing the total amount of foreign direct investment (FDI) committed to the country in the first six months of the year to $18.47 billion, down 9.2 per cent year on year.
Chinese investors are pouring money ino Vietnam as a shelter from the US-China trade war.
The ongoing revision of Vietnam’s securities law is expected to remove restriction for foreign ownership limit at local companies.
The country plans to need about US$480 billion for infrastructure investment by 2020, with additional projects in the pipeline including about 1,380 km of highway and around eleven power plants.
The new policies will simplify procedures, explaining that instead of 95 laws and ordinances, investors only have to relate to two legal documents regulating planning.
Foreign banks have been expressing eagerness to jump on the mergers and acquisitions (M&A) bandwagon in the banking sector.