Big foreign firms hit brick wall trying to take over Vietnamese supermarkets

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VietnamNet English 1 month(s) ago

Big foreign firms hit brick wall trying to take over Vietnamese supermarkets

VietNamNet Bridge – Powerful foreign businesses are encountering obstacles in their attempts to acquire Vietnamese retailers.

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Minister denies that Vietnam is losing retail market

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VietnamNet English 1 month(s) ago 1 related news

Minister denies that Vietnam is losing retail market

VietNamNet Bridge – Minister of Industry and Trade Vu Huy Hoang said that 97 percent of the total goods in the market are distributed by Vietnamese businesses, while foreign retailers hold only 3 percent.

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Transfer-pricing cases worse than expected, inspectors find

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VietnamNet English 2 month(s) ago

Transfer-pricing cases worse than expected, inspectors find

VietNamNet Bridge –Inspectors looking for transfer-pricing cases examined 2,866 enterprises in 2014, discovering that the actual losses incurred by businesses was VND5.8 trillion lower than reported. The inspectors also attempted to collect VND1.7 trillion worth of tax arrears.

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HCM City agency yet to receive Metro Vietnam transfer proposal

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VietnamNet English 2 month(s) ago

HCM City agency yet to receive Metro Vietnam transfer proposal

The HCMC Department of Planning and Investment has not received a proposal from Metro Cash & Carry Vietnam (MCC Vietnam) for transferring its wholesale chain in the country to Thailand’s Berli Jucker Public Co. Ltd. (BJC) though the news about this broke last August.

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Shareholders oppose Thai billionaire’s plan to take over Metro Vietnam

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VietnamNet English 2 month(s) ago

Shareholders oppose Thai billionaire’s plan to take over Metro Vietnam

VietNamNet Bridge – Thai billionaire Charoen Sirivadhanabhakdi, the biggest shareholder of Berli Jucker Group, may not be able to buy Metro Cash & Carry Vietnam as planned because the group’s shareholders have opposed the deal.

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Thai TCC to renegotiate with Metro on acquisition of Vietnam unit

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Báo Thanh Niên English 2 month(s) ago

Thai TCC to renegotiate with Metro on acquisition of Vietnam unit

Thailand's TCC Holding Co, the largest investor in Berli Jucker PCL (BJC), plans to enter talks with Metro AG to renegotiate conditions of a deal to buy the German retailer's Vietnam unit after the original sale agreement was rejected by BJC's minority shareholders.

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BJC shareholders say ‘no’ to Metro Vietnam deal

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Báo Đầu Tư English 2 month(s) ago

BJC shareholders say ‘no’ to Metro Vietnam deal

Thai retailer Berli Jucker Plc’s (BJC) shareholders yesterday unanimously voted to abort the €655 million deal to buy out Metro Cash&Carry Vietnam, according to Bangkok Post.

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Thai TCC to renegotiate with Metro on acquisition of Vietnam unit

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Báo Tuổi Trẻ English 2 month(s) ago

Thai TCC to renegotiate with Metro on acquisition of Vietnam unit

Thailand's TCC Holding Co, the largest investor in Berli Jucker PCL (BJC), plans to enter talks with Metro AG to renegotiate conditions of a deal to buy the German retailer's Vietnam unit after the original sale agreement was rejected by BJC's minority shareholders.

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Economic highlights of 2014

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VietnamNet English 3 month(s) ago

Economic highlights of 2014

VietNamNet Bridge – The year of 2014 was a time of big changes, from reforms in the state management mechanism to a reshuffling of the national economic structure.

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Thai tycoon seeks to buy Vietnam’s largest brewer

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Báo Thanh Niên English 4 month(s) ago 1 related news

Thai tycoon seeks to buy Vietnam’s largest brewer

Thai Beverage Pcl, owned by billionaire Charoen Sirivadhanabhakdi, is looking to buy a stake in Sabeco, Vietnam’s largest brewer, just three months after another company controlled by the Thai tycoon acquired retailer Metro Vietnam.

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Million-dollar transfer puts Metro Vietnam under tax scrutiny

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Báo Thanh Niên English 6 month(s) ago

Million-dollar transfer puts Metro Vietnam under tax scrutiny

Vietnam plans to audit German retail giant Metro after the latter announced the sale of its hypermarkets here to Thailand’s Berli Jucker (BJC) for US$876 million.

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Metro Vietnam’s losses under the microscope

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VietnamNet English 6 month(s) ago

Metro Vietnam’s losses under the microscope

VietNamNet Bridge – The national taxation agency plans to conduct inspections of foreign-invested firms that have declared continuous losses, including Metro Vietnam.

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Thai billionaire plans to expand business after buying Metro Cash&Carry VN

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VietnamNet English 7 month(s) ago

Thai billionaire plans to expand business after buying Metro Cash&Carry VN

VietNamNet Bridge - Berli Jucker Plc (BJC), the Thai firm that acquired Metro Cash & Carry Vietnam, plans to invest an additional one billion baht ($31.2 million) from now to 2018 to expand its retail network in Vietnam.

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Thailand retailer eyes bigger plans in Vietnam

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Báo Đầu Tư English 7 month(s) ago 1 related news

Thailand retailer eyes bigger plans in Vietnam

Thailand-based Berli Jucker Plc (BJC) has announced an ambitious plan to expand in Vietnam through 2018 after spending 655 million euros (US$860.56 million) to acquire the Vietnamese unit of Germany-based retailing chain Metro Cash & Carry last month.

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Taxman mulls tax on Metro transfer

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VietnamNet English 7 month(s) ago

Metro Cash & Carry Vietnam has been required to report its transaction with Thailand’s Berli Jucker Public Company Limited (BJC) to the HCMC Tax Department, a move which is aimed at taxing the asset transfer.

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