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Kido acquires manufacturing and processing firm
Vietnam’s leading food firm Kido Corporation (Kido) has completed the negotiations for the purchase of a food manufacturing and processing firm which has an annual revenue of VND1.6-2 trillion ($70.4-87.9 million).
Vietnam makes significant progress in sustainable finance reforms
Emerging markets have become a major force in driving development and fighting climate change as 34 countries, including Vietnam, have initiated banking reforms to expand sustainable lending, according to the first comprehensive Global Progress Report of Sustainable Banking Network (SBN).
Vietcombank sell-down sends national airline crashing
Vietcombank’s recent move to put 7.6 million shares of Vietnam Airlines on sale is lauded as a shrewed decision.
Industrial property: Stronger ties between local and foreign corporations
2017 has been another remarkable year in the manufacturing and industrial sector and 2018 will continue to see high demand for industrial and logistics properties with strong investments from operators, occupiers, and owners.
DHL-VNPT Express has new general director
DHL Express, the world’s leading international express services provider, has appointed Shoeib Reza Choudhury as new general director of DHL-VNPT Express Ltd.
Ramping up tax audits to boost shrinking state budget
Many firms in Vietnam, both local and domestic, will face tax audits this year.
Private equity investments in Vietnam take off in Year of the Dog
Vietnam has kicked off the Year of the Dog with major investment deals in private equity, showing investors’ confidence in the fast-growing sector.
Ten divestments in spotlight for 2018
After 2017’s significant state capital divestment deals, the Vietnamese market is expected to see some of the most anticipated sales in 2018.
Opportunities for newcomers
The real estate market is often full of grand visions of luxurious urban areas. However, industry experts say real opportunities often lie in the affordable segment that reaches more homebuyers.
Viettel to officially launch Mytel in first quarter
Myanmar National Tele & Communications Co., Ltd. (Mytel), a joint venture between Viettel and its partners in Myanmar, will officially start supplying telecommunications services in the first quarter of this year with the expected strategy of focusing on rural and remote areas, Viettel’s proven formula at overseas markets.