Vietnamese enterprises’ knowledge about circular business is limited, with only 20 – 30 per cent clear and 3 – 6 per cent very clear, according to CIEM’s survey.
Dairy businesses in Vietnam are pioneering in applying circular economy solutions on their progresses.
Five local enterprises have striven to the Asia300 Power Performers, with three have got to the top 100.
Thai billionaire Charoen Sirivadhanabhakdi, founder of Singapore-listed Thai Beverage, has expressed his keen interest to invest in a wide range of industries beyond beverage in Vietnam.
The country's biggest milk production company has invested $50 million to develop the dairy farm.
Vinamilk's existing business segments including powdered milk and yogurt, are facing fierce competition from both foreign and domestic milk producers under the context of market saturation.
Expanding investment in hi-tech agriculture, TH Milk is facing a considerable financial pressure.
In 2017, the target of revenue from equitization and divestment is VND60 trillion (more than US$2.6 billion) but the sale of shares in Sabeco alone has brought in VND110 trillion (US$4.85 billion).
Vietnam Report Joint Stock Company (Vietnam Report) has just released two lists of top 500 largest Vietnamese enterprises and top 500 largest Vietnamese private enterprises in 2017 with top placements belonging to Samsung and Vingroup, respectively.
Providing financial transparency is one of the significant barriers preventing M&A (mergers and acquisitions) in Vietnam from developing as expected.
Publication permit No. 348/GP-BTTTT dated July 19, 2017, granted by the Ministry of Information and Communications of the Socialist Republic of Vietnam
Editor-in-Chief: Nguyen Cao Cuong
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