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).
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’s recent move to put 7.6 million shares of Vietnam Airlines on sale is lauded as a shrewed decision.
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 Express, the world’s leading international express services provider, has appointed Shoeib Reza Choudhury as new general director of DHL-VNPT Express Ltd.
Many firms in Vietnam, both local and domestic, will face tax audits this year.
Vietnam has kicked off the Year of the Dog with major investment deals in private equity, showing investors’ confidence in the fast-growing sector.
After 2017’s significant state capital divestment deals, the Vietnamese market is expected to see some of the most anticipated sales in 2018.
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.
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.