This ambitious target comes as the company anticipates substantial contributions from several key projects slated for unveiling in the latter half of the year
The initial target of $375 million was upsized to $600 million on the back of strong market response.
Having exceeded the $50 million target for its flagship early-stage venture capital fund AVV Alpha, Ascend Vietnam Ventures (AVV) led by Binh Tran and Eddie Thai is seeking the next wave of globally iconic startups emerging from 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.
As Radisson Hotel Group has now extended its reach to the old town of Hoi An, its chief development officer for Asia Pacific Ramzy Fenianos talks with TheLEADER about the group’s target and development strategy in the cooperation with Bamboo Capital Group in the Radisson Blu Hoi An project.
While domestic think tanks in Vietnam show optimism on the local economic growth and forecast a better performance than the government’s target, international organisations are more cautious with lower projections.
After three quarters, KIDO Group Corporation, an integrated food and beverage consumer company, has just met nearly half of its annual revenue target.
Auchan Retail Vietnam would have to face great challenges in an increasingly competitive market if it wants to reach the target of expansion.
In the first half of 2018, revenue of Binh Son Refining and Petrochemical (BSR) which operates Vietnam’s first Dung Quat oil refinery is estimated to reach up to $2.4 billion, fulfilling 71 per cent of its full year target.
Inheriting the monopoly advantage in the aviation industry from its founding shareholders, ALS quickly harvests the rewards from choosing the right target to focus on, which is the demand for transportation of goods, components production of foreign direct investment (FDI) enterprises such as Samsung and LG to industrial parks around Hanoi city.
Petrovietnam Power Corporation (PV Power), Vietnam's second-largest electricity producer, is becoming an investment target of Teakwang Korea, with a deal value of up to VND12 trillion (US$528 million).
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According to European Chamber of Commerce in Vietnam (EuroCham), Vietnam should conduct appropriate solutions to cut costs and administrative workload for automotive enterprises, aligning with the target of administrative reform in Vietnam as well as the objectives and principles of the EU - Vietnam Free Trade Agreement (EVFTA).
Vietnam would continue to be in the top three target markets for international investors, especially Japanese, South Korean, Chinese and Singaporean investors, according to a report just released by Jones Lang LaSalle (JLL), American professional services and investment management company specializing in real estate.
N.A Vietnam Motor Co Ltd (Vinamco), a subsidiary of businesswoman Nguyen Thi Nga’s BRG Group, is planning to become a strategic investor of Hanoi Trade Corporation (Hapro) in its share aution by this March.
