Hanoi (VNA) - The number ofmergers and acquisitions (M&A) in Vietnam’s real estate market willcontinue growing this year and beyond, according to Savills Vietnam.
Su Ngoc Khuong Investment Director of Savills Vietnam, said M&A’s byforeign investors continued strong development in 2016 and 2017, especiallyfrom Japan, Hong Kong, the Republic of Korea and Singapore.
For instance, a Japanese investor bought 70 percent of shares of A&B officebuilding in HCM City, and Creed Group cooperated with two domestic investors, PhatDat and An Gia, to develop commercial apartment projects.
Meanwhile, Singaporean investors stepped up their investment into the localproperty market. Keppel Land joined the Empire City project and CapitalLandincreased its shares at The Vista project. Mapletree bought KumhoAsiana Plazain District 1, HCM City.
Strong development of M&A on the market showed high confidence of investorsand a new sustainable development cycle in local property market, Khuong said.With many projects of high potential, M&A would continue to be a popularmodel for investors to join the local market and implement their goals indevelopment of business on local property market.
Khuong said M&A’s would continue to be essential when the market developsfurther and investors would have to prove their skills, experience and class toachieve cooperation opportunities and join deals with large value and potential.
According to a research by Savills Vietnam, since 2014 the market has witnessedthe strategic steps of investors, including mergers and acquisitions anddevelopment cooperation.
For instance, Gaw Capital acquired commercial property from Indochina Land withhigh value, while Gamuda Land bought shares of domestic investors at CeladonCity project in HCM City.
M&A activities have taken place in various segments, such as a jointdevelopment venture of a resort project in Hoi An with a total investment at 4billion USD between Chau Tai Phuc Group and Suncity or Lotte’s acquisition onDiamond Plaza (District 1).
Khuong said that domestic investors also played an important role in M&Aand development cooperation. Van Thinh Phat, VinGroup, Novaland and Sun Groupbecame strategic investors when they have acquired potential projects or land todevelop property products.-VNA
Raising deposit interest rates may affect the real estate market, heard a press conference organised by the Commercial Real Estate Services (CBRE) Vietnam in Hanoi on March 27.
Prime Minister Nguyen XuanPhuc has assessed that the business and investment environment of Vietnam has been effectively supporting the development of enterprises, pointinga high number of startups and profitable firms
Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
Of the total, 107,700 were new firms, with combined registered capital of 928.4 trillion VND (35.4 billion USD), up 10.6% in number and 5.5% in capital compared with the same period last year.
Experts agree that a combination of technology, enforcement, education and cross-border cooperation is essential to protect copyrighted content in Vietnam’s growing digital ecosystem.
Poland is Vietnam’s largest export market in Central and Eastern Europe, with key staples including seafood, textiles, footwear, coffee, and cashew nuts.
Cashless payments are growing at an impressive rate, averaging 30–40% annually. Vietnam’s per capita cashless transaction volume now trails only China, with total value of 295.2 quadrillion VND (11.26 trillion USD), or 26 times of its GDP.
A draft resolution on piloting a digital asset and cryptocurrency market is being developed, aiming to create a broad-enough regulatory sandbox that enables investor participation and provides practical grounds for policy refinement in areas such as risk management and anti-money laundering.
Viettel was ranked third for overall mobile performance with a score of 82.56 just behind UEA’s e& (88.05) and Quatar’s Ooredoo (87.05) and ahead of Singapore’s Singtel (82.53). Vinaphone took second in 5G speed with a score of 78.11, trailing only behind e&.
PM Chinh proposed MUFG work closely with the Ministry of Finance to improve legal frameworks and support the establishment and operation of the international financial centre in Da Nang and Ho Chi Minh City.
The Prime Minister emphasised the significance of maintaining macroeconomic stability, controlling inflation, promoting growth, and improving the harmony between monetary and fiscal policies.
Petrovietnam will step up the development of new products and the expansion of international markets to reduce reliance on the domestic market. It also plans to optimise capital use, manage cash flow and costs, streamline operations, and enhance workforce quality to achieve its 2025 goals.
Vietnam has so far attracted 43,346 valid FDI projects with a total registered capital of 517.14 billion USD. The accumulated disbursed capital is estimated at nearly 331.46 billion USD, accounting for 64.6% of the total registered capital.
More than a product showcase, Vietfood & Beverage – Propack Vietnam 2025 is designed as a comprehensive ecosystem where businesses, experts, and consumers can share knowledge, explore technologies, and connect for collaboration.
Both sides expressed their hope that the outcomes of the discussion will continue to improve the efficiency of customs clearance activities at the customs clearance points and dedicated transport routes of the Huu Nghi – Youyi Guan international border gate pair.
The maximum retail price of E5 RON92 petrol has increased by 207 VND to 19,608 VND (0.75 USD) per litre while that of RON95-III rose by 234 VND to 20,074 VND per litre.
illustrative image (Source: cafef.vn) 
