The Sherpa Company Limited, a subsidiary of Masan Group Corporation, has acquired a 20% stake in Phuc Long Heritage JSC, which owns one of the leading tea and coffee brands in Vietnam – Phuc Long, for US$15 million, according to an announcement.
VOV.VN - Despite COVID-19 warnings and a ban on large gatherings, several makeshift markets have been seen operating in Hanoi capital, posing a greater risk of potentially spreading the virus among the community.
The People's Committee of Danang City started to apply the “market coupon” policy throughout the city from May 8 to limit gatherings amid the COVID-19 outbreak.
The authorities in the central province of Thanh Hoa has fined a foreign-funded limited company VND335 million (US$14,527) for its violations of environmental protection regulations.
VOV.VN - Local authorities have granted permission to top-flight football clubs to restart the V.League 1 season and host limited crowds at stadiums amid fears regarding the potential spread of the COVID-19 pandemic.
Despite negative performance due to strong fluctuations in Vietnam’s stock market in January, big investment funds in the market remain optimistic.
VOV.VN - The array of new-generation trade agreements (FTAs) signed in recent times shows the country’s strong economic and international trade potential, whilst providing plenty of opportunities for Vietnam to boost development in a new context.
VOV.VN - The upcoming National Super Cup 2020 fixture on January 9 will permit only 5,000 spectators into the stadium in line with the Health Ministry’s novel coronavirus (COVID-19) prevention and control measures.
VOV.VN - The Mekong Enterprise Fund IV Limited Partnership (MEF IV) under Mekong Capital have officially unveiled new investment capital of US$246 million in private Vietnamese firms.
The current pandemic has not only put mounting pressure on the quality of Vietnamese banks’ assets and profitability but also hampered some lenders’ cross-border mergers, forcing them to take different approaches to their foreign ownership limit.