The merger and acquisition (M&A) scene in Vietnam has become increasingly active with more domestic firms setting up ties with global partners so their brands can reach global customers and develop domestically.
Vietnam has become a favoured destination for merger and acquisition (M&A) deals for foreign investors, particularly those from the Republic of Korea (RoK), China’s Hong Kong, Singapore and Japan as the Asian multinationals see the benefits of having presence in one of the region’s fastest-growing economies.
With the aim of attracting more investment for much-needed infrastructure, Ho Chi Minh City is touting its efforts to become a digital- and knowledge-based economy with a highly skilled workforce.
Chairman of the Ho Chi Minh City People’s Committee Nguyen Thanh Phong expressed his appreciation for Singapore’s Keppel Corporation projects while receiving its CEO Loh Chin Hua on April 5.
Amid widespread expectations that the central bank will continue to pursue its tight credit policy, especially to risky areas like real estate, in 2019 property developers are looking at other sources for funds.
Chairman of the Ho Chi Minh City People’s Committee Nguyen Thanh Phong discussed cooperation in smart city building with Loh Chin Hua, Executive Chairman of the Singapore-based Keppel Land Limited on April 4.
Next year is likely to be a fiercely competitive one for real-estate companies in Ho Chi Minh City since scores of new projects are set to hit the market, analysts said.
Vietnam’s real estate sector recorded several merger and acquisition deals involving foreign capital in the first six months of 2017, according to Dau Tu (Investment) newspaper.
Singapore-based Keppel Land, through its subsidiary Krystal Investment Pte Ltd, has spent almost 846 billion VND (37.1 million USD) to acquire an additional 16 percent stake in Keppel Land WATCO I to V, the joint venture entities to develop the mixed-use Saigon Centre complex in HCM City.
New developments have brought opportunities for Merger and Acquisition deals made between foreign investors and Vietnamese firms, according to speakers at the M&A Forum Vietnam 2016 held on August 18.
Investment from Singapore into Vietnamese real estate is increasing with the presence of seasoned investors, according to Dau Tu (Investment) newspaper.
Singaporean property developer Keppel Land has concluded a purchase of 22.4 million USD in convertible bonds from Nam Long Investment Company, which builds affordable houses and departments in Vietnam
The 5th Asia-Singapore Infrastructure Roundtable hosted by the International Enterprise Singapore in Singapore has stressed the necessity to promote links in infrastructure development in Asia.
Industrial parks (IPs) have great potential for development in the domestic property market in the coming time, Savills Vietnam's recent report on industry zones said.
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