Scheduled for completion in 2027, the logistics facility will be the first of its kind in Vietnam significantly boosting parcel processing capacity up to 7 million parcels daily.
The move involves the conversion of bonds into shares, signaling a strategic maneuver to shore up the company's financial standing and navigate turbulent market conditions.
The consumer goods group has successfully finalized the acquisition of a $250 million investment from Bain Capital, a prominent global private investment firm.
The transaction consideration amounts to approximately $870 million and the deal is expected to be completed in the first half of next year.
Leading Vietnamese real estate developer to become an official global supporter of the AFC Asian Qualifiers – Road to Qatar.
After the deal, IFC and major strategic shareholder HDI Global SE will hold more than 54 per cent of the voting rights in PVI Holdings.
The total consideration of the deal is about $16 million.
The impacts of the Covid-19 outbreak are drastically altering the global economic landscape, disrupting mergers and acquisitions (M&A) environment and opening up new deal considerations for any party involved.
The Committee on International Trade backed the free trade and investment protection agreements between the EU and Vietnam on Tuesday.
The Tokyo-headquartered apparel company has sealed a deal to take over 70 per cent of stakes at Vietnam’s Global Fashion (GF), the parent company of women’s accessories brand Vascara.
The 176,000 tonnes of cashews that T&T Group has bought from Tanzania will bring a great deal of benefits to the local cashew market as well as enrich the global raw cashew supply.
This is the first deal the established Vietnamese developer has inked with a foreign partner although it has developed a number of quality residential projects.
Nicolas Audier, co-chairman of the European Chamber of Commerce in Vietnam (EuroCham), said that the trade pact will benefit not only companies and consumers, but also the welfare, wages and living standards of millions of people in Vietnam.
The local sugar industry is facing a great deal of difficulties as the ASEAN Trade in Goods Agreement is going to take effective from 2020 onwards.
