INVESTMENT

The Hanoitimes - UK-based research firm BMI forecasts that healthcare spending will grow to US$22.7 billion in 2021, recording a compound annual growth rate (CAGR) of approximately 12.5 percent from 2017 to 2021. Hanoi beats 2018 health insurance coverage target Vietnam’s health sector names nine outstanding events in 2018 Vietnam’s rising healthcare spending is inevitable trend The Vietnamese health-care market is forecast to heat up in the coming time when more big investors are showing interest in the sector while private hospitals are promoting high-quality services to enlarge the share.   Vingroup has seven hospitals across the country After the investment of the country’s largest private company Vingroup in the health-care services sector with the establishment of Vinmec hospitals in seven cities and province across the country, the local market has recently continued to see FLC Group, a resort conglomerate, begin the construction of a … [Read more...] about Big players ignite new race in Vietnam’s health-care market

The Hanoitimes - Vietnam’s food delivery market is valued at US$33 million and is forecast to reach US$38 million in 2020. Vietnam's food delivery market heats up with new players South Korea’s new unicorn Woowa Brothers, operator of the country’s leading food delivery platforms Baedal Minjok, has acquired Vietnam’s food delivery company Vietnammm, Deal Street Asia reported.    Illustrative photo. In 2015, Vietnammm acquired Foodpanda’s Vietnam operations from Rocket Internet.  Vietnammm, which received investment from the Netherlands’ global leading online delivery market place  Takeaway.com, is one of the first food delivery companies to start operations in Vietnam. However, the local market has now been dominated by newcomers, including Now by Foody, and GrabFood.  The potential of this segment remains strong for more startups to grow, according a recent study on food delivery by local market research firm … [Read more...] about South Korea’s unicorn Woowa Brothers acquires Vietnam’s food delivery Vietnammm

(VEN) - Improvements in Vietnam’s business environment and investment attraction are paving the way for Vietnam to attract more investment in 2019. Many domestic and foreign businesses plan to expand investment in the country. Successful year The number of newly founded domestic and foreign businesses posted a record high in 2018, foreign direct investment (FDI) was stable and disbursed FDI capital also recorded highs. Last year, 131,300 new enterprises totaling more than VND1,478 trillion in registered capital were established nationwide, up 3.5 percent in quantity and 14.1 percent in value from 2017, with average capital per enterprise reaching VND11.3 billion, up 10.2 percent compared to the previous year. Meanwhile, existing businesses increased their capital by almost VND2,409 trillion, taking the total to almost VND3,887 trillion in 2018. Also last year, 34,000 enterprises became operational again, up 28.6 percent from 2017 and taking the total number of newly … [Read more...] about Vietnam expects foreign investment surge in 2019

The Hanoitimes - With the current context, the experts believed Vietnam has a golden opportunity to streamline its laws and policies to make a leap. Vietnam encourages private investment in energy sector: PM Law overlaps hamper Vietnam’s investment attraction Foreign investment keeps flowing to Vietnam amid US-Sino trade spat New overseas policies trigger fresh investment wave in Vietnam Property investment lending in Vietnam set to be tightened from 2019 Vietnam is having golden opportunities to lure foreign investors in the wake of the new trade deal adoption, but the government should streamline regulatory conditions further for the investment inflow to leverage the chances, expert suggested.   FDI in Vietnam is expected to increase in high-tech industries According to Manfred Otto from global law firm Duane Morris Vietnam LLC, there is a window of opportunity for the country to bolster its position as an attractive investment destination because the … [Read more...] about Vietnam urged to fine-tune foreign investment policies to seize golden chances

The Hanoitimes - As stated by Vietnam Securities Depository (VSD), VOF Investment Limited, a wholly-owned subsidiary of VinaCapital, has transferred 3.05 million FPT shares to Australia’s Macquarie Bank and 500,000 to Florida Retirement System. Australia Macquarie Bank returns as Yeah1's major shareholder Vietnam FPT acquires 90% stake in US consulting firm Intellinet Vietnam FPT becomes Carlsberg's technology partner Vietnam’s leading asset management firm VinaCapital, through VOF Investment Limited, has offloaded nearly 3.9 million shares of leading IT firm FPT Corporation to Australia’s Macquarie Bank and Florida Retirement System in a deal worth VND170 billion (US$7.34 million), local media reported.   Illustrative photo. According to the Vietnam Securities Depository (VSD), VOF Investment Limited has transferred 3.05 million FPT shares to Macquarie Bank and 500,000 to Florida Retirement System.  Macquarie Bank also acquired another … [Read more...] about VinaCapital offloads Vietnam’s FPT stake worth over US$7 million to foreign investors