Vietnamese private conglomerate Masan Group has passed a Board of Directors resolution to acquire an additional 15% stake in The CrownX for $1 billion, according to information on Tuesday shareholders’ meeting.
The Gulf Energy Development PLC of Thailand has announced the purchase of two wind power farms worth $200 million in Vietnam, the company said in a statement.
C.T Group was honored as one of the best companies to work for in Asia at the HR Asia Award 2020 ceremony held in downtown Ho Chi Minh City on July 1.
Vietnamese government plans to sell remaining 36 percent stake in the country's largest brewer Sabeco after having the shares transferred to State Capital Investment Corporation (SCIC), government said in a recent statement.
- Thailand’s Gulf Energy spends $200mln to buy two wind farms in Vietnam 1
- C.T Group receives “Best Company to Work For in Asia” Award 2
- Government plans to sell 36% remaining holding stake in Sabeco 3
- Foxconn plans $325mln affordable housing project for workers in Vietnam 4
- Vinamilk’s subsidiary to remove foreign ownership limit, list shares on exchange 5
- Japan’s fashion brand MUJI to open first store in Vietnam 6
Taiwan’s Foxconn Technology Group is waiting for authorities’ approval for its plan to spend more than $325 million implementing three social housing projects for its workers in Vietnam.
Moc Chau Milk, a subsidiary of Vietnam’s largest dairy producer Vinamilk is seeking approval to raise foreign ownership limit to 100% and list shares on Ho Chi Minh City Stock Exchange.
Japanese household products and apparel chain Muji plans to open its first outlet in Vietnam despite the COVID-19 pandemic, the retailer announced on its Facebook page.
Manulife Financial Corp. is emerging as the leading bidder for Aviva Plc’s Vietnamese unit as it eyes further expansion in southeast Asia, according to people familiar with the matter.
Vietnam’s largest dairy producer reported 3 percent after-tax profit growth during the first half of this year while revenue grew 7%, CEO Mai Kieu Lien told shareholders on Friday.
Japanese retail giant AEON is considering five potential locations in Can Tho city to build its first mall in Mekong Delta, VietnamFinance cited information from local government.
Vietjet Air targets 2020 a pretax profit of VND100 billion ($4.3 million), down nearly 100 percent from 2019 due to impacts from coronavirus, the company said in documents prepared for shareholders’ meeting.
Key Apple supplier, Taiwan’s Foxconn, has said for the first time that Vietnam is its largest manufacturing hub in Southeast Asia.
Vietnam’s steel maker Hoa Phat Group targets VND9 trillion ($387.5 million) after-tax profit in 2020, up 19% from 2019 despite impacts from COVID-19 pandemic.
State-owned Airport Corporation of Vietnam projected 2020 pretax profit to fall 80% from 2019 to VND2,007 billion due to severe impacts from COVID-19 pandemic, according to documents prepared for shareholders’ meeting.
Several M&A deals have been completed although the global economy is stumbling because of the Covid-19 pandemic. Of which, some Vietnamese brand names have fallen into the hands of large foreign corporations.
Mitsubishi UFJ Lease & Finance plan to invest in Vietinbank Leasing by acquiring a 49% stake in the Vietnamese company, the Japanese firm said in a statement.