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News Release

Vietnam

JLL | Market Watch week, Aug 28, 2017

by JLL


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1. JLL: Real estate M&As more virbrant
Vietnam’s vibrant real estate market will elevate the number of merger and acquisition (M&A) deals to a new record this year, according to Mr. Stephen Wyatt, Regional Director of JLL. “Growth in M&As in Vietnam is accelerating partly because of its continued global integration, socio-political and macroeconomic stability, as well as structural reform in banking and finance, public investment, and State-owned enterprises,” he said. 
Foreign investment in real estate ranked fifth in the first half of the year, with total investment capital of $700 million, up 16 per cent year-on-year, with 39 newly-registered projects worth $500 million.

2.  CII sells stake to quench capital thirst
Notably, CII will sell 123.12 million shares at the price of 15,000 VND for its existing shareholders. CII expected to divest at least 50 per cent worth VND923.4 billion via the sale. After the sale, CII plans to sell 17.71 million individual shares to South Korean Rhinos Asset Management Co., Ltd. at the price of 26,040 VND apiece.
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3. APEC promotes investment climate reforms
At the meeting of the Investment Experts’ Group (IEG) in Ho Chi Minh City on August 21, within the framework of the third APEC Senior Officials’ Meeting, delegates also debated the latest domestic investment policy approaches to improving the investment climate. Australia proposed the exchange of experience related to foreign investment with a particular focus on engagement with internal (business, Government, and wider community) and external (investors, foreign governments) stake holders.
4.  Solutions proposed for reducing Cat Lai Port overload
A representative of the HCMC Department of Transport told the Daily on August 22 that they met last Saturday to find ways to ease the enormous pressure on the Cat Lai Port.
The corporation says in a report that cargo throughput at the port has risen fast but traffic infrastructure around the area is not well connected. For instance, the My Thuy Interchange is still under construction, so the road leading to the port has become narrower, affecting traffic there.

5. Vietjet announces HCMC-Jakarta air link
The announcement ceremony was witnessed by senior officials from Vietnam and Indonesia on the occasion of the ongoing Indonesia visit by Nguyen Phu Trong, General Secretary of the Communist Party of Vietnam. The new route will meet increasing demand for travel between the two countries and boost regional trade and economic cooperation. With a flying time of three hours, the new air service will begin operating on a daily basis from December 20.
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6. HCMC provides VND11 billion in aid for 14 startups
The HCMC Department of Science and Technology has unveiled a plan to provide VND11.75 billion in aid for 14 startups across the country through Speedup 2017, a program which is intended to assist startups in developing their innovation and creativity.
Of these startups, 13 come from incubation centers. The 14 startups, active in fields such as healthcare, education, technology, artificial intelligence, and agriculture, will receive aid ranging from VND350 million to around VND1.3 billion each. In return, the department will hold certain stakes in the projects.​
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7. Vietnam Renewable Energy Week kicks off new project
The highlight of the project is the platform to promote ideas called “The smart energy schools,”. This platform will provide valuable knowledge on the efficient use of renewable energy at schools. The project will be piloted in at least 10 schools in the north and then spread to other interested areas. The project will provide a financial support package along with knowledge transfer activities, which will help people in communities to apply sustainable energy models in households and public institutions.
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