Phuc Sinh’s expansion underscores Vietnam’s growing role in sustainable agriculture and its increasing appeal to global investors
Against a backdrop of economic turbulence, Vietnam's real estate market is witnessing a tentative revival, buoyed by promising developments and cautious investor optimism.
The primary concern of any investor lies in the energy reliability and immediate access to renewable energy.
Despite the impacts of the Terra Luna collapse and billions of crypto stolen by hackers this year, the growth of responsible innovation in the crypto industry is unlikely to be stopped, said Joshua Foo, Regional Director of Chainalysis ASEAN and Central Asia.
As Vietnam accelerates economic recovery amid Covid-19, IFC, LeapFrog Investments, and DEG have invested $165 million in convertible Tier 2 bonds issued by HDBank, a leading Vietnamese private retail and SME bank.
Capital-raising and hotel sales highlight investor optimism for the sector’s recovery.
Chinese e-commerce giant Alibaba Group and Baring Private Equity Asia have paid $400 million to buy 5.5 per cent stake in The CrownX, retail unit of Vietnamese conglomerate Masan.
Though it has been a difficult year so far, effective Covid-19 containment and the recently ratified EU Vietnam Free Trade Agreement (EVFTA) has bolstered global industrial investor confidence in Vietnam. The property segment most resilient to Covid-19 has further significant growth potential.
The Covid-19 pandemic has resulted in an accelerated shift towards omnichannel purchasing behaviours, as e-commerce channels are increasingly used as a substitute for physical shopping activities.
The corona virus outbreak will have a global impact, and Vietnam’s real estate market is not the exception, especially in hospitality and retail segment, says Troy Griffiths, Deputy Managing Director, Savills Vietnam.
Vietnam is a still young retail market and has lots of development potential.
Trade tensions between the U.S. and China are driving increased real-estate investor interest to Southeast Asian countries, with Vietnam’s industrial sector a key focal point, according to JLL.
Commercial podiums cannot always take advantage of the fast-moving and dynamic retail sector in Vietnam if no proper strategy is employed.
The consortium led by the Singaporean sovereign wealth fund has collectively invested $500 million (VND11.6 trillion) for a minority stake in VCM Services and Trading Development JSC, a consumer retail arm of Vingroup.
