SSI Asset Management Co., Ltd., CCI CrossBorder, and Daiwa Corporate Investment have agreed to establish a strategic partnership aimed at expanding joint investment opportunities and strengthening links between Japanese financial institutions and Vietnamese enterprises.
Japanese Daiwa Viet Nam company officially commenced construction of a sports equipment factory in the central city’s Hoa Khanh Industrial Zone on Tuesday with an investment of US$40 million.
SSI Asset Management Co., Ltd and Daiwa Corporate Investment Co., Ltd, its partner and a subsidiary of Daiwa Securities Group, have completed the initial closing of the DAIWA SSIAM Vietnam Growth Fund III.
Viet Nam-based e-commerce enabler OnPoint closed over US$8 million in Series A funding round to accelerate its revenue growth and to develop innovative e-commerce solution for its roster of blue chip clients.
Phu My Hung Development Corporation has recently launched The Peak, the last condominium development at the Phu My Hung Midtown complex, Phu My Hung City Centre in HCM City’s District 7.
SSI Asset Management said a fund it jointly manages with Japan’s Daiwa Corporate Investment Co., Ltd has made a second round of investment in Con Cung, the leading retail chain for maternal and baby products.
Daiwa Securities Group Inc has raised its stake in Saigon Securities Inc (SSI) to 20.39 per cent from 19.66 per cent through a purchase of 3.68 million SSI shares.
Japan’s Jyuichiya Industries Co Ltd, specialising in welding, opened its first overseas factory on Monday in the DEEP C Industrial Zone in the northern Hai Phong Port City.
Daiwa Institute of Research (DIR) and FPT Corporation have signed a memorandum of understanding on joint co-operation for research and development into frontier technology.
Indirect investment from Japan into Viet Nam remain relatively modest compared to the potential of Japan and the ability to absorb investment capital sources of Vietnamese market, finance minister Dinh Tien Dung said.
Japan-based Daiwa House Industry Co., Ltd. announced on Monday it will spend some $72.4 million to build a large hotel in the northern port city of Hai Phong.
Daiwa House Industry plans
to increase the size of rental factories it operates in an industrial
park in southern Vietnam almost fourfold by March 2019, aiming to
capture demand from small and midsize businesses looking to enter the
country.
The SSI Asset Management Company announced on Monday it had raised
US$39.4 million for its DAIWA-SSIAM Vietnam Growth Fund II L.P from both
foreign and local investors.
Daiwa Securities Group
will invest a total of nearly 20 billion yen ($177 million) in a major
Vietnamese securities company and a Malaysian investment bank, ramping
up operations in a region expected to enjoy long-term growth.