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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.

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.

F&N and Platinum Victory failed again to attain 1 per cent Vinamilk stakes

Both F&N Dairy Investments Pte., Ltd. and Platinum Victory Pte., Ltd. have failed once again to purchase the Vinamilk shares they had registered for, citing unfavourable market conditions as the reason.

Toyota anxious about state divestment at VEAM

When the state ownership ratio diminishes, Toyota’s rivals will likely acquire VEAM stocks, creating a conflict of interest with the Japanese automaker.

Dentsu Aegis Network acquires Ambient Digital Vietnam to launch iProspect

London-based advertising agency Dentsu Aegis Network has signed an agreement to acquire Ambient Digital Vietnam, the country’s largest independent digital media agency, launching iProspect in the market.

Stock indexes
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141.7 0.84 0.6
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63.91 0.27 0.42
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930.3 12 1.31
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