Important amendments to the Land Law of 2013 are under consideration by the National Assembly. The first drafts give rise to concerns that Vietnam may miss the chance to take advantage of one of its mostsignificant capital resources – its land. The draft Land Law would help to resolve several long-standing issues arising out of the 2013 Land Law, though it does not address vexing issues, such as how to treat fee-free and fee-reduced land use rights for incentivized projects; how to better enable cross-border secured finance; how to clarify the definition of a "foreign-invested enterprise"; or how to mobilize..
By David Jackson CEO Colliers Vietnam Vietnam’s economy is projected to be the 20th largest in the world in the next couple of years, which will also place Vietnam third among Southeast Asia’s top economies. Vietnam has a population of 98 million people and is strategically placed through rising consumer demand and increased disposable income, good government control, better policies as well as advantageous Trade Agreements, all of which is attracting investors. Below is some general advice for investing in Vietnam and other countries: Know your budget Depending on your expenses, savings and financial responsibilities, ask yourself these questions first:..
In the wake of the global Covid-19 pandemic, economies worldwide are struggling to survive, even with strong government support. Vietnam is no exception, and many enterprises are at the end of their rope, unable to continue suffering losses while struggling to find revenue. Bankruptcy law has not been a popular recourse because of the costs, delays, and uncertainties involved. But while M&A deals have served to replace depleted investors with well-capitalized ones, looking forward, it is likely that in some cases, the only way out will be through bankruptcy. According to a survey by the Private Economic Development Research Board..
There are two components with any wealth management strategy; growing your assets and protecting them. Many financial advisors focus on the growth side while ignoring the protection side. But what good is accumulating wealth if you cannot protect it? Protection can be done by: 1) Investment strategy changes – adjust your holdings, diversify and reduce volatility; 2) Insurance: health insurance, life insurance, critical illness insurance. We’ll focus on the second, using critical illness insurance as a key component of your wealth management strategy. WHAT IS IT? Critical illness insurance pays you a lump sum benefit in the event of a..
Vietnam’s economic transformation over the last 20 years has been nothing short of stunning. It has led to an emerging and expanding middle class and increasing numbers of high-net-worth individuals, who are now looking for new ways to increase and diversify their assets. Traditionally, that has meant investing back into their family-run businesses, buying real estate, gold, or parking cash in high-interest bank accounts. The investment opportunities beyond those asset classes have been limited and not grown commensurate with the wealth that has been generated in Vietnam. Restrictions on investing capital outside of Vietnam or accessing global funds have further..
When Vnacapital first partnered with US venture capital firm Draper Fisher Jurvetson, it stood alongside IDG as one of just two venture capital funds in the local market. Things have come a long way since that time, with a market cap standing at more than two hundred billion dollars compared to just less than a billion back then. Head of VinaCapital Ventures Hoang Duc Trung has spent 15 years in the technology-related investment field and witnessed the development of the tech space in Southeast Asia being directly involved in bringing them from startup to IPO. When he first engaged in..
By Michael Tatarski As with many other sectors in Vietnam, the country’s fintech – a portmanteau of finance and technology – market is witnessing rapid growth. IN 2017, THERE WERE JUST 44 domestic fintech startups, a number that hit 118 in 2020, with payment platforms making up the largest share, at 31%. The country is now home to 39 licensed non-bank payment service providers, including household-name e-wallets such as MoMo, Payoo and Moca. Despite this market expansion, as of 2019, the State Bank of Vietnam (SBV) said that there were only 4.2 million e-wallet users nationwide, highlighting the huge expansion..
Many entrepreneurs expressed fears Covid-19 would drag the value of their business down and individual investors approached me to check if their assets would no longer be viewed as an attractive investment. This is a common and fundamental misunderstanding in valuation. In evaluating a business or an investment, I have frequently encountered this confusion, not just during difficult times. The value of a business or an investment is usually not, and should not be, based solely on a single performance or event. This includes unforeseen troubles like Covid-19. Even without such an event, if a business is having a bad..

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