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Logistics firm gets $70 million-funding from IFC

Logistics firm gets $70 million-funding from IFC

The funding will help ITL transform and grow by acquiring new assets, developing new warehouses and facilities, and deploying advanced information technology systems.

IPPG pouring some $300 million in Phu Quoc tax-free zone

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.

Aseana Properties disposing stakes at loss-making City International Hospital

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.

Hoa Lam Corporation: Riding motorbike to ‘Medical City’

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.

High debts leave Hoa Phat Group in heavy interest burden

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 Education receives $10-million investment from Kaizen Private Equity

YOLA is Kaizen PE’s first investment in Vietnam.

Vinhomes reported promising half-year results, taking over Green City and Delta

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.

German financial firm buys into TTCSugar

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).

KOGAS and Energy Capital Vietnam to develop LNG regasification terminal in Vietnam

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.

Cocoon Capital launches $22 million seed fund for Southeast Asia tech founders

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.

Jollibee acquires The Coffee Bean & Tea Leaf for $350 million

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.

Stock indexes
961.26 11.36 1.2
Volume: 452,492,266 Value: 9,460.06 (Billions VNĐ)
141.7 0.84 0.6
Volume: 0 Value: 0 (Billions VNĐ)
63.91 0.27 0.42
Volume: 40,421,169 Value: 471.7 (Billions VNĐ)
930.3 12 1.31
Volume: 163,038,710 Value: 5,006.94 (Billions VNĐ)