Real estate sees a rise of M&A dealsThe Vietnamese real estate market has seen large-scale investments over the year’s first four months, with a surge of substantial merger and acquisition deals and funding into projects. The country’s real estate sector attracted US$455 million between January and April, accounting for 12.8% of the country’s total foreign direct investment (FDI) capital during the period, according to the Ministry of Planning and Investment (MPI). Last week the Republic of Korea’s Daewon Thu Duc House became the latest in a wave of foreign-backed developers investing in the property market. According to reports from MPI, investment in real estate was focused on the southern market, Commercial Real Estate Services reported. The Republic of Korea was the top foreign investor in Vietnam between January and April, followed by Japan.

Source: VietNamNet News May 25, 2018 05:26 UTC