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Vinalines buys backs 75 percent stake in central port

Vinalines buys backs 75 percent stake in central port

State-owned Vietnam National Shipping Lines (Vinalines) has paid 415 billion VND (17.8 million USD) to reacquire a 75 percent stake in Quy Nhon Port JSC, which it had sold illegally to Hop Thanh Investment & Mineral JSC without the Government’s approval.

Grab’s acquisition of Uber scrutinised

Grab’s acquisition of Uber scrutinised

The Ministry of Industry and Trade (MoIT) has set up a council to scrutinise alleged violations of competition regulations in ride-hailing services firm Grab’s acquisition of Uber’s business in Vietnam.

Vingroup acquires Fivimart supermarket chain

Vingroup acquires Fivimart supermarket chain

Vingroup’s retail arm, VinCommerce, has completed the acquisition of the Fivimart supermarket system, according to a Vingroup press release published on October 8.

M&A Vietnam Forum to be held next month

M&A Vietnam Forum to be held next month

The 10th M&A Vietnam Forum 2018 will take place in Ho Chi Minh City on August 8 to analyse and assess merger and acquisition (M&A) opportunities and trends in Vietnam in the new era.

ThaiBev officially involves in Saigon Beer management

ThaiBev officially involves in Saigon Beer management

The Saigon Beer Alcohol Beverage Corporation (Sabeco) appointed a new management board at an extraordinary shareholders’ meeting on April 23, following Thai Beverage Public (ThaiBev)’s acquisition of a 53.59% stake in the State brewer last year.

Ministry opens investigation into Grab’s acquisition of Uber in Vietnam

Ministry opens investigation into Grab’s acquisition of Uber in Vietnam

The Vietnam Competition Authority (VCA) under the Ministry of Industry and Trade has decided to conduct a preliminary investigation into Grab’s purchase of Uber’s stakes in Vietnam, which is suspected to breach regulations on economic concentration under the country’s Law on Competition 2004.