Apple moved around one third of its production of wireless headphones to Vietnam. Meanwhile, Google and Microsoft have accelerated their plans to relocate part of their hardware production to the country. As for Samsung, Vietnam has been an important production location for years as more than half of its phones are made in factories in the country, the article said. … [Read more...] about German newspaper highlights Vietnam as attractive investment destination
Private investment funds
Hanoi retailers told to increase stocks threefold amid pandemic Retailers in Hanoi were told to increase stocks of essential goods by three-fold over average levels to ensure price stability amid the complex development of the COVID-19 pandemic. … [Read more...] about Why do private investors want to take over Saigon Co-op?
Interest will be paid half-yearly at a rate of 10 per cent for the first year and reference rate plus 4 per cent from the second year. The reference rate refers to the average of 12-month deposit interest rates paid to individuals by Agribank, Vietcombank, VietinBank, and BIDV. … [Read more...] about Masan to issue bonds worth $345.4m to augment working capital, pay debts
However, investments made via Singapore are mainly sovereign wealth funds into sectors such as last-mile delivery, commercial real estate, financial services, and e-payments. “In the last two years, some notable deals with values exceeding $100 million are GIC’s stake acquisition in Vietcombank, VNPay, and VinMart, Temasek’s participation in Scommerce, and Stark Corporation’s stake in Thinh Phat Real Estate Cables JSC,” Hooi said. … [Read more...] about Southeast Asian M&As gathering momentum
Analysts had attributed the positive stock market performance to other investment channels such as gold and deposit interest losing their lustre and to "dead" money from investors unable to otherwise spend or invest in ordinary businesses activities in areas where the government has imposed lockdown measures. … [Read more...] about VN-Index slumps, ending recovery streak