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Foreign investors maintain interest in Vietnam 16:43 | 07/05/2021
Despite a year-on-year slip in foreign direct investment (FDI) to Vietnam in the first four months of the year, foreign investors still signed major deals in the country and confirmed its ongoing investment appeal.
Japanâs Sumitomo Mitsui Finance Group (SMFG) outlaid 1.37 billion USD for 49 percent of FE Credit. Illustrative image
Hanoi - Despite a year-on-year slip in foreign direct investment (FDI) to Vietnam in the first four months of the year, foreign investors still signed major deals in the country and confirmed its ongoing investment appeal.
In early April, the SK Group of the Republic of Korea announced the signing of an agreement with the Masan Group Corporation to acquire a 16.26 percent stake in VinCommerce, a Masan subsidiary, for a cash consideration of 410 million USD.
Hanoi
Han-i
Vietnam
Republic-of
Hai-phong
Hi-phòvm
Vietnamese
John-rockhold
Nakajima-takeo
Nguyen-hai-minh
Masan-group-corporation
Japan-sumitomo-mitsui-finance-group
Friday, 17:38, 07/05/2021
VOV.VN - Despite the nation suffering an annual drop in foreign direct investment (FDI) during the four months of the year, foreign investors still signed major deals in the country and confirmed its ongoing investment appeal.
Early April saw the SK Group of the Republic of Korea announce the signing of an agreement with the Masan Group Corporation in order to acquire a 16.26% stake in VinCommerce, a Masan subsidiary, for a cash consideration of US$410 million.
Elsewhere, Sumitomo Mitsui Finance Group (SMFG) of Japan spent US$1.37 billion on 49% of FE Credit.
The two deals served to warm up the Vietnamese merger and acquisition (M&A) market, indicating that it remains attractive to investors, with foreign financiers still seeking to conduct valuable deals.
Hanoi
Han-i
Vietnam
Republic-of
Japan
Hai-phong
Hi-phòvm
Vietnamese
John-rockhold
Nakajima-takeo
Nguyen-hai-minh
Masan-group-corporation
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