The impacts of the Covid-19 outbreak are drastically altering the global economic landscape, disrupting mergers and acquisitions (M&A) environment and opening up new deal considerations for any party involved.
While the hypermarket segment is dominated by foreign players, key players in supermarket segment are locals.
David Nardone, group executive - industrial and international, WHA Industrial Development Plc believes that the opportunities in Vietnam are substantial and attractive, especially after its effective response to the Covid-19 pandemic.
A consortium led by KKR that includes Temasek has completed the acquisition of an investment in Vinhomes Joint Stock Company, the leading integrated real estate developer in Vietnam.
Thai Beverage Public Company Limited (Thaibev) has clarified these claims that it is seeking a buyer for its businesses in Vietnam are entirely without merit and confirmed that it has no intention of selling its part in Vietnam in any way.
Inspired by the heritage and noble spirit of the entrepreneur, Bach Thai Buoi, who was recognized as the ‘king of ships’ in Vietnam in the early 20th century, Lux Group founder Pham Ha rewrites the story of the country's cruise industry.
The national carrier is seeking $500 million government support as it is struggling amid the Covid-19 pandemic.
Vietnam’s premier developer of modern entertainment complexes has acted to protect the health of the general community as well as tourists and staff. The temporary closure will allow Sun Group to devote energy to preparing many exciting new developments that will be rolled out when Covid-19 is deemed to be no longer a threat and help Vietnam’s tourism industry recover.
Vinpearl, one of the biggest hotel operators in the country, has decided to temporarily close seven hotels in Danang, Nha Trang and Phu Quoc.
The Vietnamese auto maker also sold 50,000 electric bikes last year.
