HCM City to see boom in foreign capital contributions in domestic businessesVietNamNet Bridge - Of $6.19 worth of capital that foreign investors used to contribute capital and buy into Vietnamese enterprises in 2017, 60 percent was injected into M&A deals in HCMC. While the foreign investments through M&A deals only accounted for 17.25 percent of the total foreign investment committed in 2017, the proportion was 57.7 percent in HCMC. If counting the Sabeco deal, the total foreign investment capital through M&A would be $11 billion in Vietnam and $8.48 billion in HCMC. He said he can see breakthroughs in the legal framework, and once foreign investors find legal policies predictable, they will make investments. The law says that foreign investors do not have to register their capital contribution and stake purchase deals as they have to do with foreign direct investment projects.

Source: VietNamNet News January 15, 2018 05:03 UTC