Wealthy Asian investors hunt for Vietnamese stocks

Wealthy Asian investors have been bringing billions of dollars to Vietnam and hunting for big investment opportunities.

The auction of Vinamilk shares, the most expected in 2017, was organized some days ago. A foreign investor paid US$400 million (VND9 trillion) to buy 48.33 million shares, or 3.33% of charter capital.

On the same day, foreign investors spent VND1.5 trillion to buy 8.6 million Vinamilk on the bourse at the price of VND173,800 per share, the ceiling price level of that day. 

Platinum Victory PTE, belonging to Jardine Cycle & Carriage, the leading Singaporean automobile distributor in South East Asia, is a big investor in Vinamilk, according to Nikkei. The investor bought a 5.53% of Vinamilk stake in total, from both SCIC at the auction and on the bourse, worth US$616.6 million.

Some days ago, the Vietnamese stock market witnessed an unprecedented transaction where hundreds of millions of VRE shares of Vincom Retail, worth US$0.7 billion, were transferred to foreign investors within one trading session. 

The value of shares sold was very small compared with demand - US$2 billion, or three times higher than the offered value. The investors which bought shares included Avanda, Dragon Capital, Genesis, GIC Pte, HSBC, Karst Peak, Templeton Investments and TT International.

Analysts commented that the thirst for Vietnamese stocks began in 2016 when a series of share purchase deals were made by Asian investors. These included JX Nippon Oil & Energy which spent VND4 trillion to acquire an 8% Petrolimex stake.

Two foreign investment funds, the Hong Kong-based Magbi Fund Limited and Singapore-based Super Delta Pte Ltd, have spent VND2.4 trillion to buy a 40% stake of Traphaco, the largest Vietnamese pharmacy firm. 

Other pharmacy firms also have foreign investors: Domesco has Abbott, Hau Giang Pharmacy has Taisho Pharmaceutical, while Pymepharco has Stada Service Holding.

In the banking sector, Japanese Shinsei has acquired a 49% stake of Mcredit, a finance company. Another Japanese investor bought half of the finance company belonging to HD Bank.

Analysts said after the divestment from Vinamilk, SCIC would divest Vinaconex shares in 2017. Also, investors will have opportunities to buy into large plastics companies – Binh Minh and Tien Phong.

The information about the SCIC divestments has pushed up prices of the shares. BMP, NTP, VCG and DMC have increased by 3.5-6%.

Huynh Minh Tuan from VnDirect Securities commented that the demand is very high from foreign investors who will buy out all of the shares to be put on sale in the time to come. 

Vietnamnet

Other News

Data-driven land valuation to curb speculation: Experts

Data-driven land valuation to curb speculation: Experts

From a property-market perspective, Do Thi Thu Giang, National Director of Valuation and Advisory at Savills Vietnam, said the orientations under Resolution No. 21-NQ/TW could make the market more transparent and efficient, with property values increasingly tied to actual development and use potential.

Resolution No. 19-NQ/TW sets new growth drivers for Vietnam

Resolution No. 19-NQ/TW sets new growth drivers for Vietnam

Science and technology, innovation, digital transformation and AI must be translated into higher productivity rather than pursued as ends in themselves. At the same time, people should be placed at the centre of development, not merely viewed as a resource but as the ultimate objective of development policies.

Expo to open door for Vietnamese suppliers to enter US market

Expo to open door for Vietnamese suppliers to enter US market

US retail giant Target is seeking Vietnamese suppliers of household goods, home textiles, children’s products, personal care and beauty products, with a focus on companies capable of manufacturing and developing products that meet requirements on quality, design and supply chain management.

2026 Banking Sector Digital Transformation to open in Hanoi

2026 Banking Sector Digital Transformation to open in Hanoi

The annual event, which will be held on August 18-19, 2026, at the ICE International Exhibition Centre, 91 Tran Hung Dao Street, Hanoi, is expected to attract around 324 delegates and feature 21 booths representing credit institutions, payment intermediary service providers, and technology companies.

Vietnam – one of most attractive destinations for leading US semiconductor companies: expert

Vietnam – one of most attractive destinations for leading US semiconductor companies: expert

Vietnam has built a solid semiconductor and electronics industry before joining ITSI, attracting major US semiconductor companies. Intel Products Vietnam is one of Intel's largest assembly and testing facilities worldwide, while chip design companies such as Synopsys, Cadence, Marvell and Qualcomm have established engineering and research centres in the Southeast Asian country.

Vietnam targets higher-quality FDI under Resolution 10

Vietnam targets higher-quality FDI under Resolution 10

During the first seven months of 2026, Vietnam attracted more than 38 billion USD in registered FDI, up nearly 58% year-on-year. More importantly, the increase was driven by large-scale, high-tech projects rather than a surge in the number of new investments, signalling a significant improvement in the quality of capital inflows.

Manufacturing, engineering drive hiring growth in H1: report

Manufacturing, engineering drive hiring growth in H1: report

Manufacturing and engineering posted the strongest recruitment growth, with hiring demand surging 70% year-on-year, driven by production expansion, supply chain restructuring and sustained investment inflows in high-tech manufacturing.

Government proposes special mechanisms to unblock APEC 2027 projects in Phu Quoc

Government proposes special mechanisms to unblock APEC 2027 projects in Phu Quoc

The projects in Phu Quoc have been implemented under tight deadlines. Since May 2025, the Prime Minister has directed preparations for APEC 2027, including accelerated infrastructure development on the special zone. An Giang province and investors have subsequently launched a number of major projects involving complex technical requirements and demanding construction schedules.

Financial market reform plan targets high, sustained growth through 2045

Financial market reform plan targets high, sustained growth through 2045

The plan seeks to develop a balanced and modern financial market that is closely integrated with regional and global markets, strengthens the mobilisation and allocation of domestic and foreign capital, and enhances the market’s role as a key provider of medium- and long-term capital for the economy and as a major driver of sustained high economic growth.

An Giang aims to become leading maritime economic hub

An Giang aims to become leading maritime economic hub

Under the province's master plan for 2021–2030 with a vision to 2050, An Giang will prioritise investment in five strategic sectors: strategic infrastructure; processing industries and clean energy; trade, services, logistics and border-gate economy; high-quality tourism; and high-tech agriculture, ecological development and the circular economy.