The local agriculture and food company has announced its plan to purchase over 7.7 million shares of Bibica JSC, seeking to bolster its holdings at the confectionery company to 100 per cent to broaden its entire production infrastructure and productivity.
The national flag carrier has revealed its second quarter’s business results with a VND51.6 trillion ($2.24 billion) in revenue, up 5.5 per cent on-year. Its pre-tax profit has nevertheless been down by almost 11 per cent on-year to VND1.65 trillion ($71.73 million).
VinaCapital has acquired the business operations of Smartly, one of the first robo-advisory investment platforms launched in Singapore.
The Taiwan-based tea company is going to end its operation in Vietnam in mid August after less than two years of entry.
Five local enterprises have striven to the Asia300 Power Performers, with three have got to the top 100.
The cold chain industry is forecast to value at $169 million in 2019, fueled by the development of processing industry and modern trade retails, according to FiinGroup.
Vietnam Prosperity JSB (VPBank) has successfully issued $300-million 3-year notes to Asian and European investors within the context of its $1-billion Euro medium term note (EMTN) programme.
The real estate arm of Japanese-backed Takashimaya and local educational services provider Edufit will jointly invest in property developer Gateway as well as in school operator Nguon Sang on a total investment of JPY1.3 billion ($11.99 million).
London-listed Symphony International Holdings Limited (Symphony) has acquired a significant minority stake in Vietnam-based Indo Trans Logistics Corporation (ITL).
Savills Vietnam has launched its new Korean desk to assist a wide range of Korean enterprises across its full range of real estate services in Vietnam, appointing Hyojin Kim as head of Korean desk in Hanoi.
