Spending over VND9 trillion ($391.3 million) in the first half of the year on the construction of its Dung Quat Iron and Steel integrated complex through borrowings, Hoa Phat Group is paying an enormous amount of interest on its debts each day.
YOLA is Kaizen PE’s first investment in Vietnam.
Vinhomes has completed its acquisition of Delta JSC, a subsidiary of cosmetics and cleaning agents producer Daso Group, and Green City Development JSC, in July, to further reinforce its foothold in the real estate business.
DEG has agreed to pour $28 million in exchange for a number of preferred stocks issued by Vietnam’s Thanh Thanh Cong Bien Hoa JSC (TTCSugar).
Korea Gas Corporation (KOGAS) and Energy Capital Vietnam (ECV) have agreed on a framework for the development of a privately-funded liquefied natural gas (LNG) regasification terminal, storage and gas supply system in Vietnam.
The fund will be used to create thirty high-growth, enterprise tech startups in Southeast Asia. Hands-on mentoring will be provided across cities including Hanoi and Ho Chi Minh City.
Combined with Vietnam-based Highlands Coffee, the acquisition of Coffee Bean & Tea Leaf will enable Jollibee Foods Corp to become an important player in the large, fast growing and profitable coffee business.
Masan Group is going to trade its MeatLife’s shares on the local stock exchange in 2019 and targeting at getting all of its subsidiaries on the board of stock by 2023 in a bid to maximise its shareholders’ benefits.
The Vietnam Civil Aviation Authority (CAAV) has granted an Aircraft Operator Certificate (AOC) to Vietstar Airlines to carry out commercial flights in the country.
The world’s largest rubber glove manufacturer Top Glove will open its first plant in Vietnam next year to cater to the rising demand for hygienic gloves.
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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