FLC group can transfer the project to large japanese investors

Continuing the success of the roadshow and seminar in Singapore, the meting events for investors of FLC Group taken place in Japan this time provided timely information to Japanese investors who are increasingly interested in Vietnam.

On September 7, 2017, the event introducing the potential of Vietnam real estate and investment opportunities in FLC Group was held at the Imperial Hotel, Tokyo, Japan, attracting nearly 400 individual investors, financial institutions, investment funds and real estate enterprises in Japan and Asia.

Within the framework of the program, the FLC management board directly answered many questions asked by the guests regarding procedures to invest in real estate project of FLC for foreigners, the orientation of group in core business line and expended sectors such as financial investment, aviation, construction, technology, agriculture and health.

Importance of Japan’s capital inflows

Speaking at the opening ceremony, Mr. Le Thanh Vinh, General Director of FLC Group affirmed the importance of Japan’s investment flow in Vietnam. In 2016, Japan is the second largest foreign investor, the fourth largest trading partner and the third largest tourism partner of Vietnam.

In addition to the beautiful natural landscape, the cultural similarities and hospitality have formed a natural link between the two countries’ people, making Vietnam and Japan become favorite travel destination for each other.

Looking back the memorable milestones in diplomatic relations between Vietnam and Japan in 2017, Mr. Nguyen Quoc Cuong – Ambassador Extraordinary and Plenipotentiary of Vietnam in Japan, said that this is a suitable for two countries to cooperate more closely.

“It is also my wish when attending the roadshow and seminar of FLC Group today,” he said.

Sharing his observations, the ambassador said that every time he had a chance to return home, he was surprised by the development of real estate enterprises in Vietnam, including the FLC Group.

“Every year, FLC Group launches a number of large-scale, diversified products such as resorts, hotels, golf courses …, which has changed the appearance of the province receiving the project,” commented Ambassador Extraordinary and Plenipotentiary of Vietnam at Japan.

From the viewpoint of consultant of relation of Vietnam- Japan partner, Former Japanese Ambassador Extraordinary and Plenipotentiary in Vietnam Norio Hattori said that Japanese businesses wishing to invest abroad often observe the political, social, economic situation of the host country, cultural similarity, sympathy of host country and Japan.

“ASEAN is now approaching the golden phase of economic integration. Japanese enterprises should consider ASEAN as a strategic market. From the proximity of diplomacy, geographical distance, labor force structure, Vietnam is the best investment and business partner in ASEAN for Japanese investors,” confirmed Mr. Norio Hattori.

Investment procedures are more open

In the framework of the event, many questions about investment procedures in Vietnam were sent by investors to FLC Group and guest speakers.

On response to the ability to buy FLC branded properties of Japanese, Mr. Trinh Van Quyet affirmed that FLC Group has calculated that it will not only sell condotel products or resort villas, but it can also consider transferring the whole project if Japan customers are big investors in demand.

During the transferring procedures of products, questions about the transfer of profits to Japan are also set out. Mrs. Duong Thuy Dung, Senior Director of CBRE Vietnam affirmed the advantage of this procedure: “Japanese investors only need to have valid visa, even without flying to Vietnam, can buy any properties in Vietnam “.

If investors open accounts at certain banks, it may be necessary to provide some information about the source of profits. However, according to CBRE’s experience, many of its customers have succeeded in transferring profits back home with the help of banks.

Following the success of the roadshow and seminar organized by FLC Group in Singapore in June 2017, the event in Japan was highly appreciated by many international experts, providing timely information to Japanese investors who are increasingly interested in Vietnam.

~~>>Update on new information on the real estate news in Vietnam here: Vietnam real estate new

During the business trip to Japan, representatives of FLC Group had several meetings with leaders of Japanese companies to explore opportunities for cooperation in sectors of real estate, construction, aviation…such as Mitsubishi Estate, MC Aviation Partners, Sekkei, Mitsubishi Aircraft Corporation, MC Aviation Partners, Deloitte …

This is also considered as the premise for the series of events to be implemented by FLC Group in the third quarter of 2017 and early 2018, with the next destinations of Hong Kong, Korea, …

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