Singapore keen to explore investment opportunities in Vietnamese market

VOV| 24/10/2024 18:11

Singapore’s Makara Capital is keen to explore further investment opportunities in Vietnam thanks to its rising market size and attractive investment climate, said Ali Ijaz Ahmad, CEO of Makara Capital, a global financial services company that specialises in fund management.

Ahmad made the statement during his meeting with Tran Sy Thanh, chairman of the Hanoi People's Committee in Hanoi on October 24. Representatives of Makara Capital Partners; Sakae Corporate Advisory; and Newtechco Group Joint Stock Company of Singapore were also present at the event.

He briefed his host on Makala Capital’s operations, saying the company has been implementing projects with a total investment of up to US$23 billion in building airports and seaports across several countries. Recently, it has joined the global trend of expanding operations in green energy fields, including the development of batteries for electric vehicles.

Makara Capital is also seeking further opportunities in public-private partnership (PPP) projects, related to research, startup schemes, building innovation ecosystems, and developing new technologies, he added.

He expressed his desire to gain greater insights into Hanoi’s visions and development goals, especially those related to innovation and intellectual property protection.

For his part, Thanh said that in its proposed development plans until 2045 and 2065, the city's development model will duly be restructured in a sustainable and smart direction.

Introducing Hanoi’s development advantages to the guest, Thanh said the city is home to many universities and academic research centres, generating young and high-quality human resources. It prioritises facilitating commercial activities, developing high technology, and promoting the startup ecosystem.

In particular, Hoa Lac High-Tech Park is calling for high-tech enterprises, including large partners and corporations in the world to invest in emerging fields such as semiconductor and innovation, he noted.

Located in the Red River Delta region, the capital is striving to promote its role as a driving force for growth and development in the northern key economic region and the entire country through various active linkages to facilitate research and development process, Thanh stressed.

He affirmed that startups, the green industry, and new technology are also listed among Hanoi's top development priorities. He welcomed the Makara Capital CEO’s goodwill, and expected that the city would soon receive investments from the company.

Theo vov.vn
https://vov.vn/en/economy/singapore-keen-to-explore-investment-opportunities-in-vietnamese-market-post1130696.vov
Copy Link
https://vov.vn/en/economy/singapore-keen-to-explore-investment-opportunities-in-vietnamese-market-post1130696.vov
    • NA deputy proposes forming a gold trading exchange to ease gold fever
      A National Assembly deputy has proposed the establishment of an official gold trading exchange in an effort to manage and regulate the domestic gold market amid signs of a gold fever with significant price volatility occurring in recent times.
    • Four lives saved thanks to deceased organ donor
      This was the second organ donation from a brain-dead patient at Phú Thọ Provincial General Hospital in 2024, marking significant progress in Phú Thọ’s healthcare sector in contributing to the national organ donation network.
    • A reunion in picture
      The disaster at Làng Nủ Village in Lào Cai Province caused by Typhoon Yagi left many people orphaned and widowed. Honouring the wishes of those who were left behind, the Skyline team is restoring old photos and recreating them into proper family photos.
    • Petrol prices drop further for second consecutive time
      Retail petrol prices were revised down by less than VND100 per litre from 3pm on October 24 following the latest adjustment by the Ministry of Industry and Trade, and the Ministry of Finance.
    • Dangerous bomb found near historic Long Biên Bridge neutralised
      The M-118 bomb, weighing approximately 1.4 tonnes, was found by local fishermen on October 21, about 200 metres downstream from the famous bridge.
    • Botnet threat looms large in Việt Nam
      Since the beginning of 2024, AIS has detected 321 government systems connected to botnets, providing support to block and address these issues.
    Highlighted VietBao
    Don't miss
    Singapore keen to explore investment opportunities in Vietnamese market
    POWERED BY ONECMS - A PRODUCT OF NEKO