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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.

Vietnam Airlines reports 11 per cent fall in half-year pre-tax profit

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 acquires Singapore’s robo-advisory platform Smartly

VinaCapital has acquired the business operations of Smartly, one of the first robo-advisory investment platforms launched in Singapore.

Taiwanese Ten Ren’s Tea quits Vietnam

The Taiwan-based tea company is going to end its operation in Vietnam in mid August after less than two years of entry.

Vinamilk, Vietcombank and PetroVietnam in top Asia100 power performers

Five local enterprises have striven to the Asia300 Power Performers, with three have got to the top 100.

Vietnam cold chain logistics set to rise, expects more foreign investments to come

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.

VPBank raises $300 million under $1-billion EMTN Programme

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.

Toshin Development joins Edufit to build $12-million Gateway International School

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).

Indo Trans Logistics sold stakes worth $43 million to Symphony International

London-listed Symphony International Holdings Limited (Symphony) has acquired a significant minority stake in Vietnam-based Indo Trans Logistics Corporation (ITL).

Savills Vietnam launches Korean desk in Hanoi

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.

Foreign shareholders vetoed Apec Investment’s capital raising plan

Foreign shareholders at Asia-Pacific Investment JSC have turned down the company’s plan to issue over 20 million shares to existing shareholders, in a bid to power two of its property investments.

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