Premia MSCI Viet Nam ETF tracks the MSCI Viet Nam Index, which aims to capture leading large and mid-cap Viet Nam-based companies that represent 85 per cent of market capitalisation in Viet Nam. — Photo cafef.vn Hong Kong-based investment firm Premia Partners, one of the top 8 exchange trade fund (ETF) issuers in Hong Kong, has announced the listing of Premia MSCI Viet Nam ETF to seek investment opportunities in Viet Nam. Premia MSCI Viet Nam ETF tracks the MSCI Viet Nam Index, which aims to capture leading large and mid-cap Viet Nam-based companies that represent 85 per cent of market capitalisation in Viet Nam. The index is dominated by the real estate (45.5 per cent) and consumer staples (30.2 per cent) sectors and comprises 16 constituents, most notably property developer Vingroup (22.0 per cent) and Vinhomes (12.7 per cent), and dairy producer Vinamilk (17.8 per cent). Compared to other ETFs currently operating in Viet Nam’s stock market, Premia MSCI Viet Nam ETF … [Read more...] about Hong Kong fund introduces MSCI Viet Nam ETF
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Japanese cosmetics and drugstore chain to enter Viet Nam
A Matsumoto Kiyoshi store in Tokyo. — Photo jw-webmagazine.com Japanese cosmetics and drugstore chain Matsumoto Kiyoshi will expand to Viet Nam in the near future, the chain's operator - Matsumoto Kiyoshi Holdings - has announced. The chain recently signed a co-operation deal with Viet Nam’s Lotus Food Group, online newspaper vietnamplus.vn reported. Under the pact, the two firms will set up a joint venture to manage the Matsumoto Kiyoshi cosmetics and drugstore chain in the Southeast Asian country. "Viet Nam is an emerging market, so there's plenty of room to open new stores," Nikkei Asian Review cited a representative of the Japanese company as saying. Established in 1932, Matsumoto Kiyoshiboasts a large selection of goods, including medicine, makeup, cosmetics, oral hygiene products and supplements. Alongside Viet Nam, the Japanese firm is eyeing expanding to Hong Kong, as it has previously entered two Asian markets of Taiwan and Thailand. The company had 33 stores in … [Read more...] about Japanese cosmetics and drugstore chain to enter Viet Nam
Kusto commits to long-term investment in Viet Nam
Kusto invested in Diamond Island, one of the most successful cases in Viet Nam. A company having strong management and good operating systems will drive success in its own business. This is the sharing from Singapore-based investment group Kusto with Viet Nam News recently. “The first factor we look at is whether the company has a strong management that can drive the company strategy. And of course, the fundamentals of the industry in which the company operates,” said Luis Garcia, Chief Operation Officer of Kusto Vietnam. Operating in Vietnam since 2005, while pursuing its commitment to support visionary entrepreneurs and management teams who strive to transform and improve the countrys business landscape, Kusto Vietnam has successfully invested in over 10 companies spread across real estate, construction and building materials, transportation and logistics, retail, and other consumer-driven sectors. “Kusto has been here since the mid-2000s and have witnessed the … [Read more...] about Kusto commits to long-term investment in Viet Nam
Singaporean businesses seek investment in Viet Nam
Singaporean businesses expect to promote co-operation with Viet Nam in the field of smart urban development, the fourth industrial revolution and innovation. The information was released at the meeting between Prime Minister Nguyen Xuan Phuc and a Singaporean business delegation, led by the Singapore Business Federation (SBF) and Enterprise Singapore, in Ha Noi on Monday. SBF President Teo Siong Seng said in recent years, although the world had seen many economic fluctuations, Viet Nam maintained stable growth. Expressing the honour of leading the delegation of 36 Singaporean enterprises to Viet Nam to seek business co-operation opportunities, Seng said Singapore would continue to contribute to Viet Nam’s growth, tightening the relationship between the two countries. Phuc stated that there are many opportunities for Singaporean businesses to invest in Viet Nam. He said the two countries have a strategic partnership, in which economic relations have developed very closely. … [Read more...] about Singaporean businesses seek investment in Viet Nam
Viet Nam-Oman to boost co-operation
Sheikh Sultan Saif Hilal Al-Mahruqi, Ambassador of Oman in Viet Nam and Deputy Minister of Foreign Affairs of Viet Nam Nguyen Phuong Nga at the ceremony. — VNS Photo There are significant opportunities for co-operation between Oman and Viet Nam, heard attendees at the ceremony to celebrate the 48th anniversary of Oman’s National Day. Speaking at the ceremony held in Ha Noi on Monday, Deputy Minister of Foreign Affairs of Viet Nam Nguyen Phuong Nga said that Viet Nam highly appreciated the active movement of Oman investors when investing in infrastructure projects in Viet Nam. "The potential for co-operation between the two countries is great, especially in the field of commerce, investment and labour exchange,” she said. "Thanks to the efforts of the two governments, the bilateral relationship between Oman and Viet Nam has been steadily developing since the two sides established diplomatic relations in 1992. The Viet Nam-Oman Investment Joint Venture (VOI) is … [Read more...] about Viet Nam-Oman to boost co-operation