Singapore’s Keppel Land acquires majority stake in Saigon Centre

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Báo Đầu Tư English 5 day(s) ago

Singapore-based Keppel Land, through its subsidiary Krystal Investment Pte Ltd, has spent almost VND846 billion (US$37.1 million) to acquire an additional 16 per cent stake in Keppel Land WATCO I to V, the joint venture entities to develop the mixed-use Saigon Centre complex in HCM City.

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Vietnamese pharmaceutical firm acquires local partner of Canadian drug venture

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Báo Tuổi Trẻ English 2 month(s) ago

A Vietnamese pharmaceutical firm has inked a deal to acquire a drugmaker which is the local partner in a Canadian joint venture.

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Fraser & Neave Ltd. ignores Vinamilk shares in first auction

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Báo Đầu Tư English 4 month(s) ago 1 related news

In spite of expressing ambitions to acquire a larger share in Vietnam Dairy Products Joint Stock Company (Vinamilk), as of now, Fraser & Neave Ltd. (F&N) has yet to register to the bidding expected to start on December 2.

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Defense ministry concludes deal to secure site for THAAD

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SaiGon GP English 4 month(s) ago

South Korea's defense ministry concluded a deal Wednesday to acquire a site for an advanced U.S. missile defense system from Lotte Group, source from the Yonhap News Agency.

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Samsung acquires U.S. automotive electronics firm Harman for $8 bln

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SaiGon GP English 4 month(s) ago

Samsung Electronics Co. said Monday it has signed an agreement to acquire U.S. automotive electronics firm Harman International Industries Inc. for about US$8 billion, source from the Yonhap.

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Ministry calls for independent exams for medical students

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Báo Dân Trí English 5 month(s) ago

The Ministry of Health (MoH) has proposed a mandatory exam for all medical students before they receive medical practice certificates.

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Lotte subsidiary refuses to lay low in midst of scandal

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Báo Đầu Tư English 5 month(s) ago

In spite of the scandal over its muddled operations, Lotte Asset Development Co., Ltd, a subsidiary of South Korean conglomerate Lotte Group – one of the future developer of the $2.2 billion Thu Thiem Eco Smart City project in Ho Chi Minh City’s Thu Thiem New Urban Area, is expanding in the Vietnamese real estate market by acquiring minority stakes in businesses operating in the country, according to newswire Koreaherald.

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Bayer and Monsanto to create a global leader in agriculture

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Báo Đầu Tư English 6 month(s) ago

Bayer and Monsanto to create a global leader in agriculture

Bayer and Monsanto last week announced that they signed a definitive merger agreement under which Bayer will acquire Monsanto for $128 per share, in an all-cash transaction.

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FDI keeps sights on Ho Chi Minh City realty

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Báo Đầu Tư English 6 month(s) ago

FDI keeps sights on Ho Chi Minh City realty

Foreign direct investment in Ho Chi Minh City’s real estate sector continues to rise across residential, office, and retail segments.

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Thai bank’s buyout of local MFI finalised

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VietStock FI English 6 month(s) ago

Thailand's Bank of Ayudhya has officially reached an agreement to acquire the full shareholding of Cambodian microlender Hattha Kaksekar Ltd (HKL), a banking executive said yesterday, while declining to disclose the value of the landmark deal.

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Foreigners still hesitant about leasing land in Vietnam

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Báo Đầu Tư English 6 month(s) ago

Foreigners still hesitant about leasing land in Vietnam

Before 2009, it was not possible for a foreign investor to legally acquire a tenancy interest in land for commercial business purposes in Vietnam.

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Thai bank’s $140M offer to buy Cambodian MFI on hold

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VietStock FI English 7 month(s) ago

Eight months since announcing the biggest acquisition deal in the history of Cambodia’s financial sector, Thailand-based Bank of Ayudhya, also known as Krungsri Bank, has yet to receive approval for the landmark deal.

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Vietcombank to sell 7.73 percent stake to Singapore partner

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SaiGon GP English 7 month(s) ago

Vietcombank to sell 7.73 percent stake to Singapore partner

Singapore's sovereign wealth fund GIC is set to acquire a 7.73 percent stake on a fully enlarged basis in Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank), Vietcombank announced on August 29.

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Singapore's GIC to take 7.7 pct stake in Vietnam's Vietcombank

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Báo Thanh Niên English 7 month(s) ago 1 related news

Singapore's GIC to take 7.7 pct stake in Vietnam's Vietcombank

Singapore sovereign wealth GIC Pte Ltd said on Monday it will acquire a 7.73 percent stake in Vietcombank, Vietnam's biggest lender by market capitalisation.

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Fraser & Neave Ltd eyes Vinamilk

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Báo Dân Trí English 7 month(s) ago

Fraser & Neave Ltd eyes Vinamilk

Fraser & Neave Ltd. (F&N), which is controlled by Thai beer tycoon Charoen Sirivadhanabhakdi, has announced its ambition to acquire more shares in Vietnam Dairy Products Joint Stock Company (Vinamilk) as a part of its plans to expand its presence in Southeast Asia.

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