(VEN) - The Vietnam Private Equity Investment Outlook 2019 released by Grant Thornton Vietnam reports that private investors are seeking new investment opportunities in Southeast Asia, especially Vietnam. Vietnam has become a manufacturing center in Southeast Asia Vietnam is among the most attractive investment destinations in ASEAN (the Association of Southeast Asian Nations) for private equity investment, according to the annual survey-based report by the international accounting and consulting network. The authors attribute this to official policies boosting the private economy, especially strongly growing startups that they forecast will be one of the four driving forces for Vietnam’s economic growth in 2019. Vietnam’s startup ecosystem attracted a total investment of US$889 million in 2018, triple that in the same period of 2017. “As the US-China Trade War threatens to shake up the established global value chain, private equity investors … [Read more...] about Foreign businesses seek investment opportunities in Vietnam
Singapore venture capital and private equity association
BUSINESS NEWS IN BRIEF 16/10
Vietnam’s Macroeconomic Policies-Third Quarter 2018 under scrutiny HCM City Securities Corp tops derivatives market share HCM City Securities Corporation (HSC) had the biggest market share on the derivatives market in the third quarter of 2018, according to the Ha Noi Stock Exchange. Of the 11 securities companies that are allowed to operate in the derivatives market, HSC held a 25.35 per cent market share. HSC was followed by VNDirect Securities JSC (23.98 per cent), MB Securities JSC (15.88 per cent) and Saigon Securities Inc (15.40 per cent). Other securities firms with less than 10 per cent market share included VPBank Securities JSC (9.87 per cent), BIDV Securities JSC (4.65 per cent) and Viet Capital Securities Co (2.84 per cent). The three new securities companies whose operation on the derivatives market had been accepted earlier by the HNX were Viet Dragon Securities JSC, KIS Vietnam Securities Co and Vietcombank Securities Co Ltd. Those three … [Read more...] about BUSINESS NEWS IN BRIEF 16/10
BUSINESS NEWS IN BRIEF 2/8
Can Tho invites investors to investment promotion conferenceThe Mekong Delta city of Can Tho will hold an investment promotion conference on August 10, inviting investors for 54 projects worth nearly 124 trillion VND (5.44 billion USD). At a press conference on the conference on August 1, Chairman of the municipal People’s Committee Vo Thanh Thong said investors have already expressed interest in 44 out of the 54 projects on offer, and some are ready to start work immediately on 22 projects. He added that some projects attracted two or more investors, so the city will set criteria to select the best among them. Among the 54 projects, 21 are in real estate, 9 in culture-sports and tourism, 9 in agricultural and industrial infrastructure, 8 in transport, 4 in logistics and power, 2 in cultural-sport and health care infrastructure and 1 in information technology. Prime Minister Nguyen Xuan Phuc is expected to deliver a keynote speech and chair the conference, … [Read more...] about BUSINESS NEWS IN BRIEF 2/8
Golden time for logistics M&A deals to spur in Vietnam
Vietnam has integrated deeper into the world economy and the country has become an emerging manufacturing hub and an appealing foreign direct investment destination, according to Country Director for the World Bank in Vietnam Ousmane Dione. E-commerce giants like Alibaba, Amazon and Tencent are gaining footholds in the Vietnamese market. Armstrong and Associates, a US supply chain market researcher, estimated that e-commerce will account for about 7.2 – 7.5 percent of total logistics turnover in Vietnam by 2020. Photo for illustration Vietnam is also seen as a “gateway” for international firms to penetrate ASEAN, a market of 640 million people. Hence, logistics will be key to promoting exports and imports in Vietnam and ASEAN at large. According to the research team of the Vietnam M&A Forum, the country is developing a policy to call for private sector investment to develop logistics infrastructure, including airports and seaports. One option … [Read more...] about Golden time for logistics M&A deals to spur in Vietnam
Golden time for logistics M&A deals in Vietnam
Illustrative image. (Photo: VNA) Hanoi (VNA) – Vietnam’s location with a network of cargo ports, alongside a large domestic market, leaves room for both domestic and foreign logistics firms to expand business and enter logistics merger and acquisition (M&A) deals. Vietnam has integrated deeper into the world economy and the country has become an emerging manufacturing hub and an appealing foreign direct investment destination, according to Country Director for the World Bank in Vietnam Ousmane Dione. E-commerce giants like Alibaba, Amazon and Tencent are gaining footholds in the Vietnamese market. Armstrong and Associates, a US supply chain market researcher, estimated that e-commerce will account for about 7.2 – 7.5 percent of total logistics turnover in Vietnam by 2020. Vietnam is also seen as a “gateway” for international firms to penetrate ASEAN, a market of 640 million people. Hence, logistics will be key to promoting exports and imports in … [Read more...] about Golden time for logistics M&A deals in Vietnam