Vietnam’s largest listed enterprise in terms of market capitalisation is seeking for its shareholders’ approval on the issuance of $750 million worth of bonds to global investors in 2019.
Significant land bank and strong financial foundation are expected to help Novaland deliver sustainable growth.
Imex Pan Pacific Group (IPPG) will set up a tax-free zone, home to factory outlets, duty-free department stores, restaurants and entertainment facilities, in Phu Quoc Island, to help round up a tourist ecosystem for visitors there.
Property developer Aseana Properties Limited is putting its stakes at the City International Hospital (CIH) in Ho Chi Minh City up for sale, as the hospital has continuously made losses since it commenced business in 2014.
Starting off as Nhat Nguyen Transport Trading Service Co., Ltd. in 1993, Hoa Lam has now emerged as a multi-business entity operating in banking, real estate and healthcare services.
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.
