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Vietnam’s THACO to manufacture “Made in Vietnam” motorbikes

Truong Hai Auto Corporation, known as THACO, one of the leading car manufacturers in Vietnam, plans to manufacture motorbikes by founding a motorcycle manufacturing company.

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Korea Investment Management raises ownership in Military Bank to 1.3%

KIM Vietnam Growth Equity Fund, a member of Korea Investment Management, has raised holding at Military Bank to more than 1.3% after purchasing nearly 24 million shares.

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Central Retail spends over $111mln for full ownership at Nguyen Kim

Central Retail, an arm of Thai giant Central Group raised ownership at electronic retailer Nguyen Kim to 100% from 49% for over $111 million through an indirect subsidiary.