Vietnam’s real estate developer Hung Thinh Land is seeking a valuation of $2 billion in its 2023 initial public offering, one of the most hotly anticipated stock listings of the year.
Singapore-based Temasek Holdings has reported a net portfolio value of S$403 billion ($289 billion) for FY2022 ending March 31, 2022, up 5.8% from a year earlier.
Swire Coca-Cola Limited, a wholly-owned subsidiary of Swire Pacific Limited has acquired Coca-Cola's subsidiaries with bottling in Vietnam and Cambodia, according to Swire Pacific.
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H.C. Starck Tungsten Powders, a subsidiary of Masan High-Tech Materials has joined hands with Nyobolt to develop high-performing, quick-charging, and eco-friendly Lithium-ion (Li-ion) battery products.
The Vietnamese private conglomerate has signed contracts with foreign credit institutions to borrow $600 million, according to the company’s statement.
Electronics retail giant Mobile World has shut down its AVAFashion business six months after branching out to the new sector in its search for new revenue streams.
Vietnam carmaker VinFast said it has tapped Credit Suisse and Citigroup to raise at least $4 billion to build its planned electric vehicle factory in North Carolina and fund its U.S. expansion.
Central Retail, Thailand’s leading retailer platform, plans to inject THB 30,000 million ($826 million) into the Vietnamese market over the next five years.
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