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Keppel launches $600-million fund to invest in Vietnam

Keppel launches $600-million fund to invest in Vietnam

Keppel Capital Holdings in collaboration with Keppel Land Limited has launched a Vietnam-focused real estate fund with a target fund size of $600 million.

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.

Masan to list its meat business on local bourse this year

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.

Vietstar Airlines granted consent for commercial operations

The Vietnam Civil Aviation Authority (CAAV) has granted an Aircraft Operator Certificate (AOC) to Vietstar Airlines to carry out commercial flights in the country.

Top Glove spending $25 million on first factory in Vietnam

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.

BIDV officially offloading 15 per cent stake to KEB Hana Bank

Through a private placement, BIDV will be issuing 603,302,706 shares, equivalent to 15 per cent of its charter capital to Korea’s KEB Hana Bank, raising its chartered capital to VND40.22 trillion ($1.74 trillion

Local customers getting more satisfied with consumer finance

Customers are generally satisfied with their consumer finance (CF) experience, with over 80 per cent of respondents would apply for CF products again and would recommend to friends and family, according to a survey by FinnGroup.

Japan’s Matsumoto Kiyoshi Holdings expanding drugstore business to Vietnam

The Matsudo-based drugstore and pharmacy chain operator will be expanding its business to Vietnam through the collaboration with Lotus Food Group Co., Ltd., as part of its proactive global development scheme.

Pan Group to ramp up possession at Bibica to 100 per cent

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.

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