State-owned economic groups had registered 114 outward investment projects as of the end of 2019 with registered capital of $13.8 billion, according to the MInistry of Public Investment. The total investment capital transferred abroad reached $3.8 billion and the profit $270 million. … [Read more...] about How are SOEs’ outward investment projects performing?
Ciputra Group (Indonesia) has been implementing many projects in Vietnam, including Nam Thang Long Urban Area Ciputra Hanoi (1996) - the first large-scale real estate project in Vietnam. It’s considered as one of the most modern closed urban areas in Hanoi, with an initial registered investment capital of 2.1 billion USD. In photo: Prime Minister Nguyen Xuan Phuc receives President of Ciputra Group, Budiarsa Sastrawinata, during the Prime Minister’s visit to Indonesia, October 12, 2018 (Photo: VNA) … [Read more...] about ASEAN’s investment contributes significantlly to Vietnam’s economic development
Vietnam is positioning itself as an attractive destination for trade and investment. Companies looking to diversify their manufacturing portfolio outside China are attracted to Vietnam thanks to its proximity to China, free trade agreements and the government’s ambition to establish Vietnam as a manufacturing hub for Southeast Asia. … [Read more...] about Vietnam’s pandemic response predicts strong bounce back
Eximbank (EIB), retailer Mobile World Investment (MWG), PetroVietnam Power (POW), aviation firm Vietjet (VJC), Sacombank (STB) and brewer Sabeco (SAB) decreased by 0.7 per cent to 1.8 per cent. … [Read more...] about VN stocks fall on increased selling pressure
CapitaLand meanwhile has been one of the leading property developers here for a quarter of a century. Today, CapitaLand’s residential portfolio in Vietnam comprises close to 8,600 quality homes across 15 residential developments in Hanoi and Ho Chi Minh City. The growth of its portfolio in Vietnam will continue to be driven by CapitaLand’s lodging business unit, The Ascott Limited. In Vietnam, Ascott has close to 7,000 lodging units across 27 properties. … [Read more...] about Singaporean imprint in the Vietnamese property market