Investment funds eye Vietnam
Society – Economy - Ngày đăng : 09:01, 08/11/2024
Kohlberg Kravis Roberts (KKR), a US investment fund with a total asset of around US$47 billion) which has poured more than US$1.5 billion into Vietnam in recent years, expects to increase its investments in the country.
KKR has invested in education services provider EQuest to provide high-quality education solutions, as well as contribute to the development of a skilled workforce in Vietnam. In addition, KKR has invested US$250 million in Masan Group and Massan Nutri-Sicence.
Recently, Abu Dhabi Investment Authority (ADIA) – the fourth largest investment fund in the world, managing US$830 billion worth of assets – said it too is looking to expand investments in Vietnam.
In Vietnam, ADIA has invested in The CrownX through Platinum Orchid company, together with San Francisco-headquartered investment fund TPG and Singapore-based SeaTown Holdings International to acquire stakes at Masan.
The world’s largest investment fund Blackstone, with total assets of more than US$1,000 trillion, also wants to strengthen investments in Vietnam.
The Vietnamese Government is actively calling for investments in the green energy, semiconductor, electronics and agriculture sectors.
The latest updates of the General Statistics Office showed that Vietnam attracted US$27.26 billion worth of foreign investment in the first ten months of this year, an increase of 1.9% over the same period in 2023.
A total of US$19.58 billion has been disbursed in the period, up 8.8%.