InterContinental moves closer to tower residence

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Báo Đầu Tư English 1 month(s) ago

InterContinental moves closer to tower residence

Amid a takeover by Mirae Asset Securities Co. and AON, Keangnam is continuing preparations to open an InterContinental hotel in its 72-storey building in Hanoi.

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Thai Group looks to wrap up Vietnam plastics takeover

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VietnamNet English 2 month(s) ago

Thai Group looks to wrap up Vietnam plastics takeover

Thailand’s Siam Cement Group (SCG) is on a shopping spree hoping to wrap up its takeover of the Vietnam plastics industry by 2020, said speakers at a recent seminar in Saigon.

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Red faces, raised voices over late hitch in Foxconn's Sharp deal

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Báo Tuổi Trẻ English 3 month(s) ago

Red faces, raised voices over late hitch in Foxconn's Sharp deal

TOKYO/TAIPEI, March 1 - A late hitch to Foxconn's takeover of Japan's struggling Sharp Corp brought simmering distrust between the two close to boiling point, people with direct knowledge of the matter said.

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Sharp, Foxconn chiefs to meet after $5.8 billion takeover deal put on hold

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Báo Tuổi Trẻ English 3 month(s) ago 1 related news

Sharp, Foxconn chiefs to meet after $5.8 billion takeover deal put on hold

Sharp Corp CEO Kozo Takahashi and Foxconn Chief Executive Terry Gou plan to meet on Friday in China, a person familiar with the matter said, a day after the world's largest contract maker of electronic goods put its takeover of the loss-making Japanese firm on hold.

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Foxconn deal to buy Japan's Sharp in doubt after last-minute hitch

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Báo Đầu Tư English 3 month(s) ago 1 related news

Foxconn deal to buy Japan's Sharp in doubt after last-minute hitch

Taiwan's Foxconn put its takeover of electronics maker Sharp Corp on hold on Thursday after discovering previously undisclosed liabilities, sources said, throwing into doubt what was set to be the biggest takeover by a foreign firm in Japan's technology sector.

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Japan's Sharp decides to accept Foxconn takeover offer: source

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Báo Tuổi Trẻ English 3 month(s) ago

Japan's Sharp decides to accept Foxconn takeover offer: source

Japan's Sharp Corp on Thursday agreed to a takeover by Taiwan's Foxconn, a source familiar with the matter said, in what would be the largest acquisition by a foreign company in Japan's insular technology sector.

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Suspected Islamist militants attack Mali U.N. base, several dead

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Báo Thanh Niên English 3 month(s) ago

Suspected Islamist militants attack Mali U.N. base, several dead

Suspected Islamist militants attacked a U.N. peacekeepers' base in the northern Mali town of Kidal on Friday, killing several people and wounding others, a spokesman for the separatist Coordination of Azawad Movements (CMA) told Reuters.

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Experts see dangers in Chinese takeover deals in textile industry

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VietnamNet English 5 month(s) ago

Experts see dangers in Chinese takeover deals in textile industry

VietNamNet Bridge - If China can control textile and garment production, it will be able to control the Vietnamese industry that makes products for export, experts have warned.

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Will Big C fall into Thai hands?

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VietnamNet English 5 month(s) ago 1 related news

Will Big C fall into Thai hands?

VietNamNet Bridge - It is 80 percent possible that Big C will be taken over by investors from Thailand, as Metro Cash & Carry has also been sold to a Thai group, BJC, according to Vu Vinh Phu, chair of the Hanoi Supermarket Association.

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Kentucky fines PokerStar's owner $870 million to cover residents' losses

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VietnamNet English 5 month(s) ago

Canadian gaming company Amaya Inc has been ordered by a Kentucky court to pay $870 million in penalties to cover alleged losses by the state's residents who played real-money poker on PokerStars' website between 2006 and 2011.

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Sabeco to shut foreign investors out of new divestment plans: report

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Báo Thanh Niên English 5 month(s) ago

Sabeco to shut foreign investors out of new divestment plans: report

A Sabeco factory in the Mekong Delta province of Soc Trang. Photo credit: Bao Dau Tu

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Vietnamese food ordering site acquires local business of Food Panda

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Báo Thanh Niên English 6 month(s) ago 2 related news

Vietnamese food ordering site acquires local business of Food Panda

Local online food ordering service Vietnammm has purchased the entire Vietnamese operation of German rival Food Panda, which announced a termination of business in the country last week.

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Vietnam's fund manager acquires US distributor of Saigon beer

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VOV News English 6 month(s) ago

Vietnam's fund manager acquires US distributor of Saigon beer

Ho Chi Minh City-based Saigon Asset Management Corporation has struck a deal to acquire Heritage Beverage, the sole distributor of the popular Saigon beer in Canada and the US, local media has reported.

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Vietnam's fund manager acquires US distributor of Saigon beer

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Báo Thanh Niên English 6 month(s) ago

Vietnam's fund manager acquires US distributor of Saigon beer

More Saigon beer products are expected to be shipped to the US, following the takeover of the US distributor Heritage Beverage. File photo

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Major takeover deals planned

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VietnamNet English 7 month(s) ago

Major takeover deals planned

VietNamNet Bridge - Vingroup has spent huge sums of money to take over Maximark, a retail chain, while KIDO Group has decided to invest in Rong Viet Securities Company. Meanwhile, VTV national TV has announced it will withdraw capital from subsidiaries.

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