VOV.VN - Alibaba.com, the global business-to-business (B2B) e-commerce platform of Alibaba Group, plans to double its investment in emerging manufacturing hubs across Vietnam.
Foreign investors poured US$9 billion into Vietnamese retail and wholesale markets between January and November, accounting for 2.2% of the country’s total capital, the Ministry of Planning and Investment said.
Vietnam Maritime Commercial Joint Stock Bank (MSB) announced on December 15 that it has become the first Vietnamese lender to sign a comprehensive cooperation agreement with Alibaba.com, a global business-to-business (B2B) e-commerce platform of Alibaba Group.
The Vietnam Trade Promotion Agency (Vietrade) and Alibaba.com, the global business-to-business (B2B) e-commerce platform of the Alibaba Group, have jointly launched a programme to support Vietnamese small- and medium-sized enterprises (SMEs) in overcoming COVID-19.
Masan Group Corporation and a consortium, including Chinese e-commerce giant Alibaba Group and Baring Private Equity Asia, on May 18 announced the signing of definitive agreements for the acquisition of a 5.5% stake in The CrownX for a cash consideration of US$400 million.
Despite market gyrations, Southeast Asia and Vietnam especially remain on the radar of high-calibre foreign investors.