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.
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.
The HCM City-based Nha Mo (Dream Home) Corporation has announced it recently signed a comprehensive cooperation contract with The Global Group, a Japanese real estate developer.
The property market in Vietnam has seen an influx of Japanese capital recently, with many projects carried out under partnerships between the countries’ enterprises.