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'Golden Goose' Sabeco seen as Thaibev’s savior for Singapore IPO
Thai Billionaire Charoen Sirivadhanabhakdi is under pressure to increase sales in Vietnam market when he plans Singapore initial public offering for Thai Beverage’s beer sector.
Companies
MoMo serves as an exclusive e-wallet at Saigon Co.op retail system
MoMo e-wallet has been chosen as an exclusive electronic payment platform at over 800 supermarkets, shopping centers, and stores operated by Saigon Co.op nationwide.
Vingroup quits retailing to focus on tech, industrial sectors
Vingroup, Vietnam’s largest private firm by market value, has given up control of its retail unit as it wants to concentrate on the technological and industrial sectors.
Bahamas investor sells off stake in Vietnamese detergent company: VnExpress
America LLC has sold its entire 9.33 percent stake in Vietnamese detergent powder producer NETCO.
- PVI Holdings seeks strategic shareholders for Hanoi Re to forge long-term growth 1
- FPT reports 11-month after-tax profit of VND6,027 billion, up 19% YoY 2
- Bain Capital to invest additional $50 million in Masan Group 3
- Vietnam retail giant Masan says investor tolerance for losses is fading 4
- Masan solves the tough problem of Vietnam's retail sector by using technology 5
- Vietnam Airlines shortens its road to recover 6
Most view
Vietcombank to spend nearly $130 million for 2018 dividends
Vietnam Joint Stock Commercial Bank for Foreign Trade of Vietnam (HoSE: VCB) plans to pay 2018 dividend at the rate of 8%, equivalent to VND800 ($0.03) each share.
Singapore’s Nexif Energy acquires 49MW Song Giang Hydropower
Nexif Energy, Singapore-based independent energy producer, has acquired 94% stake of the Song Giang Hydropower in Khanh Hoa province for an undisclosed investment amount, according to statement.
Mobile World expects $209.5 million profit in 2020, up 34%
Mobile World Investment Corporation (HoSE: MWG) plans 2020 after-tax profit at VND4.83 trillion ($209.5m).
Becamex estimates 2019 after-tax profit at $73.4 million
Vietnamese Industrial park developer reports 2019 after-tax profit for parent company at about VND1,703 billion ($73.4 million) on $250 million revenue.
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Vietnam’s richest man bets $2 billion to sell cars to Americans: ...
The billionaire behind six-month-old Vietnamese auto startup VinFast plans a feat even Toyota Motor Corp. and Hyundai Motor Co. couldn’t pull off during their early days: sell a car in the U.S.
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Vietnam's new private air carrier KiteAir plans to takeoff in June 2020: ...
KiteAir, an airline established by hospitality group Thien Minh, hopes to launch its first flight next June after getting the Prime Minister’s nod.
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Dalat Hasfarm said to have raised $70m from Lombard Investments: ...
International private equity firm Lombard Investments said to have invested $70 million in Vietnamese floriculture company Dalat Hasfarm in lieu of a majority stake.
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FMO mulls $40m trade finance facility for Vietnam-based HDBank: ...
December 4, 2019 Dutch development bank FMO is considering proposals to commit a total of $40 million in trade financing for Vietnamese commercial lender HDBank.
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Bamboo Airways to receive first Dreamliner in December
Receiving first Boeing 787-9 Dreamliner this month, Bamboo Airways will become the first private carrier in Vietnam to operate wide-body aircraft.
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What Vingroup and Masan hope to acquire from their retail merger: ...
Vingroup wants to focus energies on its core sectors, technology and production; the Vinmart network fits right into Masan’s consumer retail expansion plans.
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Vingroup and Masan to merge units to create a consumer retail giant
Vietnamese conglomerates Vingroup and Masan Group agreed principles on swapping shares of VinCommerce, VinEco, and Masan Consumer to form a retail giant, Vingroup said by emailed statement.
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Vietjet Air opens Ho Chi Minh City - Pattaya route
VietJet Air has officially launched a direct route linking Ho Chi Minh City and Pattaya of Thai Land from December 23 with one flight a day.
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Vingroup removes VienthongA brand and names Vinpro
VienthongA retail chain acquired by Vingroup in 2018 to enhance sale of electronic products and home-made technologies is believed to have it brand changed to Vinpro.
