"There has been a significant influx of the overseas banking community visiting Vietnam recently. While I can't specify who exactly, they all concur that now is the best time to invest in Vietnam. The older monopoly power is technically gone, the system is being cleaned up, and valuations are more attractive than ever. This foreign community has substantial capital and is eager to build a bigger presence in Vietnam. Their interest extends beyond banking to include sectors like electric vehicles, food and beverage, and manufacturing." - Valerie Vu
"Singapore once led in data center storage, but a moratorium on new capacity was imposed due to power constraints. Despite having relatively cheap power because of its oil and gas throughput, Singapore's net-zero pledge made it expensive to maintain an energy market with the growing data center demand. This moratorium is seen as a loss for Singapore, given its benefits like good quality of life for engineers and robust infrastructure. Consequently, many data centers are now moving to Johor, where building new capacity is more feasible." - Jeremy Au
"Ownership restrictions only apply to certain industries, like banking, which is very sensitive. Korea has similar laws. During the Asian financial crisis in 1997, an American private equity firm bought a Korean financial bank, but the negotiation was painful because Korea didn't want to sacrifice its pride bank with bad debt. We're in the same situation; banking and financial services are highly protected for national security reasons. However, there are no foreign ownership restrictions in sectors like consumption, food, and beverage." - Valerie Vu
In this episode, Jeremy Au speaks on Vietnam: Putin bamboo strategy, data sovereignty, and 49% foreign ownership limit and investment landscape with Valerie Vu.
Keywords: Vietnam, Putin Bamboo Strategy, Data Sovereignty, 49% Foreign Ownership Limit, Investment Landscape, Valerie Vu, Vietnam, VC, Women, Thought Leadership
