Foreign investment funds queuing up to enter Vietnam

In the last few years, an investment deal of Mekong Capital was just valued at several hundred thousands dollars, but now the fund has to inject 5-6mil in every deal. The fast developing stock market has made the value of private enterprises skyrocket, and Mekong Capital has to pay high to be eligible to become a strategic shareholder in local companies.

New rules to lift Vietnam market

A draft regulation to allow foreigners to buy homes in Vietnam, when put into effect, is likely to drive up demand and prices on the high-end property market, according to Ngo Tri Long, deputy director of the Institute for Market and Price Research under the Ministry of Finance.

VinaCapital arm gets nod for $11 mln HCMC apartment project

Proforma Asia Limited, a subsidiary of the UK-listed VinaCapital, has announced plans for two residential projects in Ho Chi Minh City.

First US investment fund to be established in Vietnam

The fund will be set up by three companies, Lexington Langha, Vikoa Investment Consultant and Development JVC and Heartland Funds, a famous fund in the US, which was selected as the leading fund of the US in the first quarter of 2007.

Property price hikes limited compared to 1990s land fever

There have been fluctuations in the real estate markets in Hanoi and HCM City recently. However, these price increase have only occurred in high-class apartments and villas, where prices rose by up to 300%.