Vietnam’s real estate sector recorded several merger and acquisition deals involving foreign capital in the first six months of 2017, according to Dau Tu (Investment) newspaper.
Vietnam’s real estate sector recorded several merger and acquisition deals involving foreign capital in the first six months of 2017 (Illustrative image. Source: VNA)
Hanoi (VNA) – Vietnam’s real estatesector recorded several merger and acquisition deals involving foreign capitalin the first six months of 2017, according to Dau Tu (Investment) newspaper.
CapitaLand - a Singapore based real estatecompany – spent nearly 52 million USD acquiring a site in District 1 of Ho ChiMinh City to develop the first A-class international complex in Vietnam, the VRGRiver View.
The company also announced plans to purchase 90percent of shares at the CapitaLand Thanh Nien Co. Ltd., which possesses 8,000square meters in District 2 of HCM City, to build 317 apartments.
Keppel Land, another Singaporean real estateinvestor, spent 846 billion VND (37 million USD) to increase its shares to 16percent in its Saigon Centre project in HCM City.
Hongkong Land of China’s Hong Kong became astrategic partner of the HCM City Infrastructure Investment Joint Stock Companyto implement housing projects in Thu Thiem new urban area.
Additionally, An Gia Investment Group and itsJapanese partner Creed Group acquired five apartment blocks in District 7 ofHCM City worth 910 billion VND (about 40 million USD).
Duong Thuy Dung, Director of the CBRE Researchand Consulting Department, told Dau Tu reporters that the real estate market isexpected to see M&A deals from different segments such as resorts andhotels, mainly in Da Nang, Phu Quoc, and Nha Trang, houses for sales in majorcities of Hanoi and HCM City and industrial parks in Bac Ninh, Binh Duong andDong Nai provinces.
Stephen Wyatt, Country Head of JLL Vietnam, saidbillions of USD from foreign investors from Japan, the Republic of Korea,Singapore and China are expected to enter Vietnam’s real estate market.
M&A deals will develop in different segmentssuch as houses, office for lease, retail, hotels and industrial parks, headded.-VNA
Japanese and Vietnamese enterprises in the areas of agriculture, fisheries and food gathered at a meeting in Hanoi on July 28, with the aim of seeking partners and business opportunities.
Increased merger and acquisition (M&A) activities can spur infrastructure development in Vietnam, a current growth imperative, Planning and Investment Minister Nguyen Chi Dung said on August 10.
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,509 VND/USD and the floor rate 23,985 VND/USD.
All service vessels and out-of-province fishing boats docking at fishing ports in Lam Dong province will undergo 100% inspection to ensure compliance with paperwork, port entry/exit procedures, and fishing log requirements. Their positions and voyages will be tracked around the clock from departure to return via the VMS.
The roadmap to restrict the use of petrol-powered vehicles and encourage green ones in such major cities as Hanoi and Ho Chi Minh City is creating a strong boost to the EV market.
The Ministry of Industry and Trade is drafting a scheme on diversifying imported raw material sources for domestic production, with feedback from industry associations and businesses being incorporated into concrete proposals and support policies.
Notably, the hybrid segment recorded the strongest growth, with 7,112 units sold, a 72% year-on-year increase. The figures reflect a shift in consumer preference towards more environmentally friendly vehicles.
The project rolled out 21 pilot models, from goat and pig farming to coffee cultivation and the adoption of agricultural technology, helping farmers beef up production, spruce up livestock facilities, and improve market linkages.
Vietnam is ready to serve as an important gateway for Korean enterprises to enter the Southeast Asian market. Korean firms with experience and advanced technology to engage in energy transition and national infrastructure modernisation, said Party leader To Lam.
Two-way trade between Vietnam and Cambodia topped 7 billion USD in the first seven months of the year, up 16.3% against the same time last year. Vietnam’s exports to Cambodia hit 3.2 billion USD, rising 5.1%, while imports rose 28.1% to 3.8 billion USD.
The event took place within the Vietnam–RoK Economic Forum which is part of the Vietnamese leader’s state visit to the RoK. The documents span areas including energy, digital infrastructure, manufacturing, logistics, tourism, finance, and high-quality personnel training.
According to the Ministry of Agriculture and Environment, in May, June, and July, the country exported 7,745 batches of fresh durians totaling over 207,000 tonnes, more than 10 times higher than in the first four months of the year, as well as 560 batches of frozen durians weighing nearly 16,000 tonnes, up almost 64.3%.
The global bicycle market is projected to reach 69 billion USD by 2029, growing at 4.2% annually, according to consultancy and market research company Mordor Intelligence.
After a challenging first quarter, during which many companies recorded losses, the Vietnamese cement market has experienced a remarkable recovery, with several firms unexpectedly reporting substantial profits in the second quarter of 2025.
The Party leader said Vietnam is continuing to improve its institutions, enhance the investment and business environment, and address bottlenecks to unlock resources and push ahead with economic restructuring in tandem with renewing the growth model.
Export value to Thailand reached 33 million USD in the first six months, accounting for 10% of Vietnam’s total squid and octopus export revenue and making Thailand the country’s fourth-largest single export market.
Large-scale projects invested by Korean investors in strategic sectors such as semiconductors and energy are poised to give a strong boost to foreign direct investment (FDI) inflows into Vietnam, creating momentum to attract more high-value projects from global investors.
The recent administrative merger offers a unique opportunity to establish a unified and synchronised logistics system, turning the Southeastern Key Economic Region into a high-performing hub for trade, investment, and marine economy.
Vietnam’s real estate sector recorded several merger and acquisition deals involving foreign capital in the first six months of 2017 (Illustrative image. Source: VNA)
