The Hanoitimes - Vietnam remains huge opportunities for foreign investors, while Jardine Matheson would continue to explore investment options in the country’s priority sectors, said the UK-based conglomerate’s executive. Hanoi targets priority markets for trade and investment promotion Real estate sector makes up 34% of corporate bond investment in Vietnam Investors expect positive changes in Vietnam’s PPP investment law Vietnam Politburo requests foreign investments to ensure national security Vietnam’s disbursement of public investment sluggish in recent years Majority of Chinese firms consider Vietnam preferred investment destination UK-based Jardine Matheson is committed to expanding investments in Vietnam, which has been maintaining high economic growth in recent years, according to Ben Keswick, chairman and managing director of Jardine Matheson. Overview of the meeting. Source: VGP. Vietnam remains huge opportunities for … [Read more...] about Jardine Matheson plans investment expansion in Vietnam
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Launching the long-term Jardine Cycle & Carriage Scholarship programme in celebration of its 120th anniversary in 2019 will help students and advance educational institutions in Southeast Asia. Alex Newbigging, managing director of Jardine C&C Group On July 30, Jardine Cycle & Carriage (Jardine C&C), a leading group with long-term diversified interests in market-leading businesses across Southeast Asia, announced the Jardine Cycle & Carriage Scholarship, which partner six established universities to support about 70 students. Reaffirming its commitment to grow alongside Southeast Asia, Jardine C&C established university scholarship programmes to sponsor the tuition of students in six countries in Southeast Asia, including Vietnam. Through a series of endowments and donations that are long-term in nature, Jardine C&C’s support for the partner education institutions will run in perpetuity or for a sustained period of 8-12 years. In the next … [Read more...] about Jardine C&C launches regional university scholarship programmes
Ho Chi Minh City, illustration photo In 2015, Emaar Properties from Dubai decided to co-develop a mammoth $1.42 billion urban area in Binh Quoi-Thanh Da of Ho Chi Minh City with domestic Bitexco Group. Despite having the requisite financial and technical capacity, Emaar Properties, however, had to withdraw from the project in 2017, after the compensation and land clearance was not completed in two years. Also impacted by the sluggish compensation and land clearance, Hongkong Land, a company under Jardine Matheson Vietnam, in 2016 had to quit from a project on a golden land plot in the city centre. Alain Cany, country chairman of Jardine Matheson Group, previously told VIR that despite the company’s tight co-operation with the city authorities, it was difficult to manage the delays caused by land clearance and compensation which also increased costs. According to Nguyen Thanh Phong, Chairman of the Ho Chi Minh City People’s Committee, improving the … [Read more...] about Ho Chi Minh City calls for investors in 210 projects
The lauching of The Marq - a luxury residential high-rise building will offer customers an ideal selection with stunning views of Ho Chi Minh City and a true luxury lifestyle. The Marq offering stunning views of Ho Chi Minh city and a true luxury lifestyle for discerning investors Hongkong Land and Hoa Lam Corporation announced the launch of The Marq, which will be openned for sale in the first half of 2019. Located in the heart of District 1, the development will provide 515 opulent residences comprising one- to four-bedroom condominiums and penthouses. The Marq is Hongkong Land’s second residential development in Vietnam, located in a prime location in District 1. Hoa Lam Corporation has been a major player in various industries including banking, healthcare, and real estate since 1988. Phan Viet Hung, chief finance officer of Hoa Lam Corporation, said, “Hoa Lam is honoured to enter into this strategic partnership with such a highly regarded property developer. … [Read more...] about The Marq – Vietnam’s ultimate luxury residential destination to be launched
Vinamilk has lost its appeal to foreign investment funds, with many beginning to sell down their holdings. Or are they just making space for the two largest foreign shareholders, Platinum Victory and F&N? Foreign funds take less of a shine to Vinamilk than before Vinamilk: out of the top 10 investments of Dragon Capital According to the latest report of Vietnam Enterprise Investments Limited (VEIL) published in December 2018, Vinamilk’s stock is no longer one of its top 10 biggest investments. VEIL is a closed-end fund trading on the Main Market of the London Stock Exchange. Vinamilk (HSX: VNM) has always been one of the top 10. Previously, in 2011-2015, Vinamilk made up over 20 per cent of VEIL’s portfolio, peaking at 27 per cent in 2012. VNM has been one of the favourite stocks in the Vietnamese stock market so far and has accounted for a large proportion of the portfolios of investment funds. However, during the last year, many big investment funds have … [Read more...] about Vinamilk no longer attracts foreign funds?