DFJ VinaCapital Venture Investment has announced that it divested its entire 4.87% stake in Yeah1 Group Corporation (YEG).
Experts say Vietnam has the opportunity to attract more foreign portfolio investment as central banks are launching $6 trillion in quantitative easing programs in 2020.
Vietnam needs effective changes and reforms to attract more foreign portfolio investment, Andy Ho, chief investment officer of investment fund VinaCapital, has said.
While COVID-19 will have a negative impact on Vietnam's economic growth in 2020, it will boost the relocation of manufacturing facilities from China to Vietnam.
Many foreign businesses have come to explore the investment opportunities in Vietnam recently with the intention of investing or expanding operation in the country, according to the Ministry of Industry and Trade.
On his Twitter, Philipp Rösler showed a photo taken in front of a Hanoi fashion store with an attached note, ‘My friend said this store is like me: Made in Vietnam’.