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Korean Group invests $470 million to become Masan's largest foreign shareholder

Korean Group invests $470 million to become Masan's largest foreign shareholder

Korea’s multi-sector group has spent $470 million on purchasing nearly 110 million treasury shares, equivalent to a 9.5 per cent stake in Masan Group.

Administrative sanction imposed to retail store chain Con Cung

Bamboo Capital pours investment in three solar power plants in Long An province

Destination of Phu My Hung's huge profits

Phu My Hung joint venture reported an after- tax profit of nearly VND3.27 trillion, equalling to $140 million in 2016 only and was one of the largest profitable real estate companies in Vietnam.

$100-million Phu Yen racecourse project still paralyzed

Although investor proposed to offer bets on dog and horse racing, the project has not commenced yet and around $400,000 only has been disbursed up to now.

Lotte Vietnam misses plans to open more Lotte Mart supermarkets

No supermarket was opened in the past eight months though Lotte Vietnam Shopping Joint Stock Company has set out an ambitious plan to open more 12 Lotte Mart supermarkets in Vietnam since early this year.

Vingroup and Mobile World named amongst 50 Asia’s largest listed companies

Forbes magazine has also ranked Hoa Phat Group and VietJet Aviation as rising stars to crack the Asia's Fab 50 Companies in the years ahead.

VinFast's sedan and SUV models debuted for official launch by year-end

VinFast has just debuted images of exterior design of its first two car models, which fuels the hope that Vietnam will soon have made-in-Vietnam cars not only targeted to domestic market but also exported to international markets.

Lotte to develop fintech in Vietnam after aquiring TechcomFinance

Lotte Card is going to focus on developing non-cash consumer finance and applying financial technology, commonly known as fintech or findata in Vietnam.

PMH's investor spent huge sum on acquisition deals to expand

After successful development of Phu My Hung urban zone, Taiwan-based Central Trading & Development Group has acquired projects which cover areas of hundreds of hectares in Hoa Binh, Bac Ninh and Dong Nai provinces for expansion of land fund in the future.

Vietnam's leading pay-TV K+ suffered accumulated loss of $103 million

Despite being the exclusive distributor of the Premier League in Vietnam, the leading pay-TV K+ still suffered an accumulated loss of $103 million.

VNG Corporation surpasses JD.com after purchasing Tiki's additional shares

Spending over $5.1 million to buy Vietnamese online retailer Tiki's shares, VNG now holds a 29 per cent stake, eight per cent higher than that of the second shareholder JD.com.

Phuong Nam Culture decides to completely divest from CGV Vietnam

Due to financial difficulties, Phuong Nam Cultural Joint Stock Company will sell the remaining 7.5 per cent stake in CJ CGV Vietnam Company Limited, the largest film distributor and cinema operator in Vietnam, at the expected price of VND101 billion, equivalent to $4.34 million.

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