Coeli Asset Management Fund in Sweden and Asia Frontier Capital Fund in Hong Kong have planned to buy more shares in Vietnam stock market when the foreign direct investment (FDI) is reaching the record high and a series of free trade agreements (FTA) promise to promote outstanding economic growth in the coming period.
Tundra Fonder Fund (Sweden) said it also plans to acquire a number of companies specialising in consumption, industrial goods and construction. Many analyses of foreign investment funds about Vietnam have said that consumer spending and the restructuring process will contribute to the recovery of Vietnam's economy.
Notably, shares of Vietnam Dairy Products JSC (Vinamilk) – one of the largest listed companies in Vietnam rose 13 percent last month. In the construction sector, shares of Petro Capital Infrastructure Investment JSC also increased 36 percent.
Source: ANTD
Keywords: Foreign investment, funds, enter, Vietnam, large number
