Japan is replacing South Korea to become the most active investor in Danang real estate market.
The Hanoi summit brought more for Vietnam tourism and hospitality than a perfectly designed media campaign.
Danang will grant investment licenses to three foreign-invested projects worth nearly $350 million during a meeting with investors this morning.
The Hanoi-based developer is set to invest $132 milllion in a tourism complex in the central province of Thua Thien Hue.
As the stock markets of Thailand, Malaysia, Philippines or Indonesia recorded net-selling activities from foreign investors, Vietnam’s market has still shown positive signs.
By September 20, 2018, foreign direct investment (FDI) disbursed $13.25 billion, up 6 per cent over the same period of 2017.
Mekong Capital has become one of the first private equity funds in Asia to have fully divested three funds.
Japan based Samurai Power, Inc. has recently finalized its $31 million strategic investment deal in IDS Equity Holdings, a local capital investment firm specializing in the acquisitions of small-to-medium-sized businesses.
Korea Infrastructure Company Limited has just announced that it would invest $3.2 billion in Paradise golf and beach resort in Ba Ria - Vung Tau province if the company is accepted to be the investor.
Spending over $5.1 million to buy Vietnamese online retailer Tiki's shares, VNG now holds a 29 per cent stake, eight per cent higher than that of the second shareholder JD.com.
Publication permit No. 348/GP-BTTTT dated July 19, 2017, granted by the Ministry of Information and Communications of the Socialist Republic of Vietnam
Editor-in-Chief: Nguyen Cao Cuong
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