Realty stocks attract foreign investment funds
Illustrative image (Photo: ndh.vn)
The securities market is witnessing foreign investment funds like Dragon Capital, VinaCapital and PYN Elite Fund making transactions involving and big investments in real estate stocks.
An Gia Real Estate Investment and Development Corporation has announced a group of foreign investors managed by Dragon Capital have become its major shareholders after a successful purchase of more than 7.8 million stocks from the company.
Meanwhile, realty developer Nam Long Investment Corporation has unveiled information about its issuance of 60 million stocks, whose listed buyers include seven foreign funds such as Dragon Capital and PYN Elite Fund.
A new report by VNDIRECT Securities Corporation showed that the realty market will bounce back when the pandemic is put under control.
VNDIRECT held that real estate supply is gradually recovering thanks to the easing of legal policies. Meanwhile, the demand has been boosted by the recovery of the market on a large scale. Home loan interest rates remain low and the speed of infrastructure development accelerates. It is expected that the market is likely to enter a favorable time from the fourth quarter of this year.
According to Agribank Securities (Agriseco), foreign direct investment (FDI) is projected to grow strongly in the coming time as super corporations are gradually stabilising after their restructuring under the impact of the COVID-19 epidemic. Vietnam is an ideal destination for FDI inflows given the current wave of industrial production shifting. Large corporations such as Apple, Samsung, and Foxconn are expanding factories in the country, generating benefits for real estate businesses involved./.
Related News
Vietnam"s foreign investment plunges 39% in Q1
15:37 | 29/03/2023 Import-Export
Impact and opportunity of global minimum tax
09:40 | 06/03/2023 Finance
Singapore leads foreign investment in Vietnam
17:37 | 01/03/2023 Import-Export
HCM City gets ready for new foreign investment wave
20:06 | 12/02/2023 Import-Export
Latest News
Corporate bonds worth 1.1 billion USD issued in March
13:55 | 06/04/2023 Finance
Tax revenue is estimated at VND 426,922 billion in the first quarter
09:56 | 06/04/2023 Finance
Nearly 400 complaints about insurance distribution through banks on Ministry of Finance hotline
14:47 | 04/04/2023 Finance
Central bank starts huge credit package for social housing projects
14:42 | 04/04/2023 Finance
More News
In Q1, State revenue estimated to rise by 1.3%
13:28 | 04/04/2023 Finance
Consider raising the level of penalties to ensure fairness and transparency in the stock market
13:27 | 04/04/2023 Finance
Central bank cuts policy interest rates to spur growth
17:43 | 02/04/2023 Finance
Ensure policies to attract investment when implementing global minimum tax
10:33 | 02/04/2023 Finance
SBV asks to issue revised decree on foreign ownership cap at Vietnamese banks
20:30 | 01/04/2023 Finance
Solutions to attract FDI when implementing the global minimum CIT
11:38 | 01/04/2023 Finance
Effective implementation of tax incentives as driving force for growth in trade turnover between Vietnam and Cuba
13:43 | 31/03/2023 Finance
Being many "hot" issues at the general meeting of shareholders of banks
09:24 | 30/03/2023 Finance
Bringing the policies on reducing land rent and water surface rent into life
15:41 | 29/03/2023 Finance
Your care
The system has not recorded your reading habits.
Please Login/Register so that the system can provide articles according to your reading needs.
Corporate bonds worth 1.1 billion USD issued in March
13:55 | 06/04/2023 Finance
Tax revenue is estimated at VND 426,922 billion in the first quarter
09:56 | 06/04/2023 Finance
Nearly 400 complaints about insurance distribution through banks on Ministry of Finance hotline
14:47 | 04/04/2023 Finance
Central bank starts huge credit package for social housing projects
14:42 | 04/04/2023 Finance
In Q1, State revenue estimated to rise by 1.3%
13:28 | 04/04/2023 Finance