Vietnamplus

The e-magazine “Doanh nhan Vietnam” (Vietnam Entrepreneur) held a forum in Hanoi on July 23 to discuss business restructuring amid challenges caused by COVID-19.

Vietnamese e-wallets have lured hefty sums from diverse partners over the past time, turning the segment into one of the investment hotspots.

The National Pension Service of Korea recently launched a 860 million USD corporate partnership fund with SK Group of the Republic of Korea that will allow the latter to increase investment in Vietnamese firms Masan Group and Vingroup, according to the Korean Investors news outlet.

China approved investment projects and merger & acquisition deals worth 2.45 billion USD in the first seven months of this year, ranking third among foreign investors in Vietnam, said a Chinese official.

The real estate market has slowed in the first months of 2019, which experts attributed to limited bank credit sources for the market.

The real estate sector saw 840 new enterprises established in the first two months of this year, 5.3 percent of the country’s total new firms during the period.

Vietnam has emerged as a promising market in the hospitality sector among ASEAN-member countries, especially for luxury hotels and resorts, speakers said at a hotel and resort conference held on September 24 in Ho Chi Minh City.

The Vietnamese market has drawn many Thai enterprises who are engaging in the market through different methods, which has put pressure on local firms.

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.

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.