Việt Nam needs to effect changes and reforms to attract more foreign portfolio investment, Andy Ho, chief investment officer of investment fund VinaCapital, has said.
Recently, some news outlets reported ThaiBev was planning to sell beer producer Sabeco and the ministry could buy the firm at a price of VNĐ130,000 (US$5.6) per share.
Like many markets in the world hit hard by the COVID-19 pandemic, Vietnamese shares have lost about 20 per cent in value this year
Institutional investors are seeking opportunities to buy shares in large-cap State-owned enterprises when they launch IPOs in 2020.
Professor Trần Anh Tuấn, a member of the Việt Nam National Assembly's Economic Commission, talks to Vietnam Investment Review about how to attract more foreign investment into the country