Topic: investor

Far Eastern Vietnam Co. to invest additional $250mln in production.

Investors sought for urban area and tourism complex in south-central province.

Addressing the Conference of Representatives of the State Capital Investment Corporation (SCIC)’s capital at enterprises on October 21, SCIC Deputy General Director Le Thanh Tuan said the total capital owned by the SCIC currently accounts for nearly 2 per cent of total State capital in enterprises. The SCIC will strive to improve the efficiency of representatives of State capital in enterprises and be a strategic investor of the government.

Though newly-registered FDI is still to recover to pre-pandemic levels, additional capital and capital contributions and share purchases continued to increase in the first nine months of 2022.

Positive inner-strength will be a driving force supporting the stock market in September, according to Rong Viet Securities (VDSC). It said that Vietnam’s macro data is stronger than expected and regulators are implementing measures to boost transactions in the stock market. In the short term, investors should pay attention to oil and gas stocks and others in industries such as banking, food & beverages, and retail.

Analysts at a recent talkshow discussed the impact on the real estate market of changes to the legal framework and offered opinions on the prospects for real estate stocks.

According to the Ministry of Transport, the Civil Aviation Authority of Vietnam has been assigned as investor of a project to upgrade Con Dao Airport and is now completing procedures to select contractors to carry out landmark planting work, which is expected to be done in the third quarter of this year.

VinaCapital addressed Vietnam’s growth and inflation prospects in the second half of 2022 in a recent report.

Real estate prices in Ho Chi Minh City have continually increased since 2018 while supply has fallen, making it difficult to buy a home in the city. To quench their thirst for real estate, investors have been looking at new products in nearby Binh Duong province, especially in Thuan An city, which is a bright spot in investment and may develop into a civilized urban center.