Central Retail, an arm of Thailand’s largest retail conglomerate Central Group has signed an undisclosed deal to buy clean electricity from Norsk Solar Vietnam.
Vingroup JSC is considering a U.S. initial public offering of its car unit VinFast that could raise about $2 billion, according to people familiar with the matter.
South Korea’s third largest conglomerate SK Group has agreed to invest $410 million for a 16.26% equity stake in Masan Group’s VCM, a company holding VinCommerce shares.
Thai retail giant Central Retail plans to inject additional 35 billion THB ($5 billion) into Vietnam satisfiy the growing demand from the high-potential market.
- Vingroup Said to Weigh $2 Billion U.S. IPO of Unit VinFast: Bloomberg 1
- SK Group spends $410 mln for 16.26% stake in Masan’s retail arm 2
- Central Retail to inject $1.1 bln into Vietnam in next 5 years 3
- SABECO invests in human capital to remain leading homegrown brewer 4
- Central Retail purchases solar power for its Vietnam malls 5
- Vietnam’s Richest Man Plans Electric Car Factory in the U.S. 6
2020 was a milestone year for SABECO as the company celebrated its past achievements while continuing its evolution as one of the most progressive homegrown Vietnamese companies.
Organisations spend enormous amounts of time discussing strategy - but how much time do you focus on shaping the culture?
Chairman of the Board of Directors of C.T Group Tran Kim Chung urged buinsess community to focus investment on the young generation at the conference "Dialogue 2045", held on March 6.
Vietnamese electric-vehicle startup VinFast plans to open a U.S. factory after setting up a 50-member San Francisco research office as it prepares for California automobile sales in 2022.
Vietnam reported $1.29 billion trade surplus in the first 2 months of 2021, according to data from the General Statistics Office.
Vietnamese steel maker has announced it will produce containers to satisfy the increasing demands in the market. Its production capacity is projected at 500,000 TEU per year.
Budget airline Vietjet has invested VND31.5 billion ($1.36 million) to acquire a 67 percent stake in shipping startup Swift247 which seeks to improve the linkage between air and road delivery.
Siam Cement Group, the largest and oldest cement and building material company in Thailand and Southeast Asia, has announced the acquisition of 70% stake in Duy Tan Plastic.
Thai Beverage, parent company of Vietnam’s largest brewer Sabeco, plans to list its brewery unit on the Singapore stock exchange, making the the biggest IPO in the city in a decade.
Hoa Phat reported VND13,506 billion ($584 million) after-tax profit in 2020 from VND91,279 billion ($3.96 billion) net revenue, up 41 percent from a year earlier, the company said in a statement.
The Airports Corporation of Vietnam has reported a 79 percent fall in net profits in 2020 to VND1.7 trillion ($73.9 million).
Real estate giant Vinhomes reported a pre-tax profit of VND37 trillion ($1.6 billion) for 2020, up 25 percent from the previous year.