VietNamNet Bridge - The increased presence of foreign investors in M&A deals of finance companies shows the attractiveness of the consumer credit market.
The Vietnam Food Association (VFA) came under heavy criticism yesterday as economic experts voiced discontent with the association’s favoritism, lax business practices and overall incompetency in the rice export sector.
Vietnamese consumer confidence finished 2017 on a high note, helping the country to rank as the seventh most optimistic country in the world.
Industry, construction and exports have been driving growth in the first three months. Vietnam’s economy is likely to expand by more than 7% in the first quarter of this year, the highest rate in a decade, a senior government official said on Tuesday.
Positives in Vietnam's economy and business and investment environment highlighted in Prime Minister's address.
The Mekong Delta region’s food processing sector has great growth potential owing to an abundance of produce there, but investment in the sector there remains modest, heard a conference in Can Tho City on December 12.
Vietnam has witnessed a robust year of private equity deals, with a spate of new funding rounds and exits in 2017.
Statistics released by the Department of Foreign Investment, under the Ministry of Planning and Investment, revealed that Vietnam attracted nearly USD35.9 billion in foreign direct investment (FDI) in 2017.
Thai Beverage (TBEV.SI) has won an auction to buy a majority stake worth USD4.84 billion in Vietnam’s top brewer Sabeco SAB.HM, a lofty deal that adds a major asset to the beer-to-property empire of Thai magnate Charoen Sirivadhanabhakdi.
The Asian Development Bank (ADB) has approved a USD150 million loan to support development in four of Vietnam’s northeastern provinces – Bac Kan, Cao Bang, Ha Giang, and Lang Son. The financial aid is expected to help over 212,000 people through enhancing basic infrastructure and services.
Vietnam’s state-owned Song Da Corporation plans to offer 219 million shares, equivalent to 48.82% of its charter capital, in its initial public offering (IPO) on December 25.
Vietnam Airlines Corp. will offer more shares to foreign investors, including possibly another airline, as it prepares a listing on the Ho Chi Minh City Stock Exchange next year and the government plans to cut its holdings to 51%.
The State Capital Investment Corporation (SCIC) will sell 21.79% stake in Viet Nam Construction and Import-Export Joint Stock Corporation (Vinaconex) on December 8.
ExxonMobil’s multi-billion dollar Blue Whale gas project with Vietnam is on track for the final agreement by 2019, a top company executive said on Tuesday (Nov 7). The gas field lies 88km off Vietnam’s central coast in the disputed South China Sea.
The initial public offering (IPO) of Vietnam’s Binh Son Refining and Petrochemical (BSR) will be delayed until January at the latest to allow for a larger stake to be sold, its chief executive officer said on Monday.