The consortium led by the Singaporean sovereign wealth fund has collectively invested $500 million (VND11.6 trillion) for a minority stake in VCM Services and Trading Development JSC, a consumer retail arm of Vingroup.
VinaCapital has acquired the business operations of Smartly, one of the first robo-advisory investment platforms launched in Singapore.
Vietnam’s LCY bond market is smallest in size compared to other emerging East Asia markets such as Indonesia ($217 billion), Singapore ($310 billion), Malaysia ($353 billion) and Thailand ($399 billion).
The ASEAN Hong Kong Free Trade Agreement (AHKFTA) coming into force on June 11 for Singapore, Thailand, Vietnam, Laos and Myanmar can now further promote global trade liberalisation as it adds wings to trade among ASEAN nations, according to HSBC.
Vietnam is having what it takes to upsize its economy, outshining even Singapore, thanks to a raft of foreign investors queuing to get into the nation, a strong FDI drift and the ongoing trade tensions that promote the nation to be the new manufacturing hub.
The private airline plans to start international flights to Singapore and Japan in the next couple of months.
The luxury hospitality group behind some of Vietnam’s finest restaurants is taking its recipe for success global, opening two more dining establishments on its home turf before expanding its culinary footprint in China and Singapore early next year.
Under the agreement on master franchise, Singapore’s PropNex Realty will acquire 25 per cent of the issued and paid up share capital of PropNex Realty Vietnam at a nominal sum of US$1.
Japan topped 96 countries and territories having investment projects in Vietnam, followed by South Korea and Singapore, according to report by Foreign Investment Agency
Vietnam is a clear favorite destination for internationally oriented Singapore-based companies expecting to expand, according to HSBC's study just released.
Novaland has successfully raised $160 million from the issuance of its global convertible bonds which are officially listed on the Singapore Exchange.
Tran Kim Chung, Chairman of C.T Group signed many important cooperation agreements with Soilbuild, which is established in 1976 and is Singapore's leading integrated real estate group.
Days after Singapore began a probe into the deal between Grab and Uber under anti-competition scrutiny, the Philippines and Malaysia said that they will look into it on similar concerns.
The EU - Vietnam Free Trade Agreement (EVFTA) endows Vietnam with comparative advantages no other country in the region excepting Singapore has.
