Vietnam and Mexico are forecasted to be the two countries that will most likely benefit from the US-China trade war. In particular, industrial real estate, textile and logistics sectors will be the ones with high growth potential and attract investors’ attention in 2019.
This is an assessment made by Mr. Lu Hui Hung – Head of Analysis and Self-Trading Division, Phu Hung Securities Joint Stock Company (PHS) at the conference “Investment opportunities in 2019” held last weekend in Hanoi.
At the seminar, economic experts also said that Vietnam’s macroeconomic foundation is quite solid and Vietnam’s economy has a great opportunity thanks to its persistence in the policy of reforming the investment environment and extensive integration of the Government in 2019. Especialy, industrial real estate, textile and logistics sectors will be the ones forecasted to continue to grow.
For further analysis of industry groups, Mr. Lu Hui Hung also recommends that this is a good time for investors to accumulate Vietnamese stocks to wait for a bigger opportunity ahead, when Vietnam is upgraded to emerging markets by MSCI.
Attending at the seminar as a promising enterprise in the real estate field, Hai Phat Invest Joint Stock Company (Hai Phat Invest – MCK: HPX) has received much attention from investors. Most of the questions are related to the future development strategy of HPX, especially the shift of HPX to the segment of industrial and resort real estate instead of only focusing strongly on developing housing real estate.
Explaining the strategy of industrial property development of HPX, Mr. Do Quy Hai – Chairman of the Board of Directors of Hai Phat Invest said that, in the complicated development context of the US-China trade war, Vietnam will become the attractive destination for foreign investors. At the same time, with the Government’s incentives to attract investment in the development of economic zones such as tax, labor and land incentives, especially the easier coastal land clearance, it saves cost.
“The key clusters and industrial parks of Vietnam are connected to the seaport. Hai Phat Invest will focus on developing projects in coastal provinces such as Thai Binh, Nam Dinh, Hai Phong, and I believe that in the next few years when traffic is synchronized, these lands will be potential lands, attracting investment. ”- Mr. Hai emphasized.
For resort real estate projects, although it is considered as a new “playground” for Hai Phat Invest, Mr. Doan Hoa Thuan – General Director of Hai Phat Invest confỉmed: “When deciding to invest in a resort real estate project, we evaluate and consider based on 5 factors, namely: Land fund, cost of land fund, location, development strategy of national tourism and young population. With the resort real estate segment, we currently own clean land in prime locations with reasonable cost prices in Nha Trang, Da Nang, Vung Tau and Binh Thuan, and can be fully deployed in year 2019.”
Sharing with investors at the seminar, HPX leaders also said that in 2019, HPX is expected to increase its charter capital from 2,000 to 2,875 billion VND through private offering of shares to investors and pay dividends in stock. Increasing capital not only helps improve financial capacity and efficiency in the implementation of projects, but also brings a surplus value for investors and shareholders of HPX.