Vietnam Prime Minister Nguyen Xuan Phuc. Photo: Bloomberg

Vietnamese PM to raise foreign-investor caps on banks


Vietnam currently caps foreign ownership in banks at 30 percent

CapitaLand acquires Vietnam-based asset for Grade A office development

CapitaLand Vietnam has entered an agreement to take over 100 per cent interest of the 0.6-hectare site located in the heart of District 1, a deal that potentially see the disbursement of the Singapore major’s $500 million fund dedicated to the Vietnam market.

Exclusive: 500 Startups-backed e-commerce startup Leflair bags $1m funding

LeFlair will use proceeds to increase capacity & bring in more foreign brands

Overseas ambitions, bumper plane orders test Vietnam’s ‘bikini airline’

VietJet Air has gone from start-up to Vietnam’s largest private airline in five years. Now it is pushing overseas to keep up that growth and absorb a bumper order of more than 200 planes: no easy task in a cutthroat southeast Asian market. The airline, which was set up in… Read more »

Vietnam: Habeco, FPT units list; Govt to retain big stakes in state firms

While Vietnam has said it wants to push the privatisation of state-owned firms across sectors, latest announcements do not reflect the aggressiveness in selling big parts of stakes in major businesses, as no clear timeline has been given for the sale of companies like MobiFone and Binh Son Refinery and Petrochemical, nor a minor holding is determined for such businesses.

VietJet reconsiders international IPO, forecasts 30% profit ahead of listing in Vietnam

VietJet forecasts 2017 profit to rise 30 percent from $101.8 million (2.3 trillion dong) in 2016.

Mekong Capital invests in Vietnam-based pawn shop chain F88

Private equity firm Mekong Capital has invested an undisclosed amount into Vietnam-based prawn shop chain F88, marking the third investment by its $112.5 million fourth fund.

2016 Review: Vietnam’s retail sector sees big-ticket M&As

In 2016, with only two buyouts of Metro Cash & Carry Vietnam and Big C Vietnam, retail deal value already reached more than $1.8 billion.

Consumer tech, travel sector will be hot in Vietnam: Gobi’s Victor Chua

Victor Chua of Gobi Partners discusses consumer technology, Vietnam’s opportunities and their investment philosophy.

Vietnam Airlines shares surge 40% on debut, valuing it at $2.1b

Shares of Vietnam Airlines surged 40 percent on their stock market debut on Tuesday, valuing the firm at $2.1 billion, as investors sought exposure to the flagship carrier to tap into strong air travel growth in the Southeast Asian nation. A strong stock market showing could prove beneficial to the… Read more »