Understanding Vietnam: 5 insights for investors

By
Posted

With its promising young demographic and rising population, Vietnam is is one of the most attractive emerging markets for both – the global investor and the new-age entrepreneur. While the growth story and the market numbers are tempting enough for several companies to start aggressive expansion forays into Vietnam, the… Read more »

Viettel Mobile doubles charter capital to $4.7b

The state-owned Viettel Mobile is planning to double its charter capital to $4.7 billion (VND 100 trillion). The government has already passed a decree for this. The announcement came just weeks after Viettel announced its  plan to invest $1 billion in a new 3G mobile phone network in Tanzania, Africa; the… Read more »


Vietnam’s Quang Nam plans $610m urban development

Vietnam’s Quang Nam province has announced a $610 million (13.3 trillion VND) urban development initiative to increase the urbanisation rate in the province to 40% by the year 2030. People’s Committee of Quang Nam announced the Urban Development Program (2020-2030) with the total outlay of $610 million, of which, $375 million (VND… Read more »


After IPO, Vietnam Airlines plans 21.5% divestment

After successfully raising $52 million (VND 1.11 trillion) through an IPO, Vietnam Airlines is planning to divest another 21.5% stake in the company. The company, which offered 3.5% stake in a recent IPO, is planning to offer another 282 million shares (20%) to three foreign strategic investors, in the near future. Another 20.8 million shares (1.5%)… Read more »


ThaiBev eyes Vietnam’s beer maker SABECO

The Thai Beverage Group (ThaiBev) is talking to the authorities in Vietnam to acquire a stake in in SABECO, Vietnam’s largest beverage producer. reported a local news wire. Officials at ThaiBev refused to comment on the proceedings related to the deal. Currently, the company is listed on the Singapore Stock Exchange and has a market capitalization… Read more »


Appota plots expansion as revenue jumps 200%

Vietnam’s leading mobile content distribution platform, Appota, has been able to secure funding and expand operations in a very short time. One of the few successful startups from Vietnam, it was fostered at the incubator Topica’s Founder Institute, in 2011. it has successfully raised funds in Series A and B financing rounds… Read more »


Vietnam Airlines IPO: Domestic banks to be largest investors?

Foreign institutions have kept away from the much anticipated IPO of the Vietnam’s flagship air carrier – Vietnam Airlines (Vietnam Aviation Corporation). Going by the IPO related investor data released by the Ho Chi Minh Stock Exchange (HOSE), two domestic firms have registered to purchase 98% share of airliners shares…. Read more »


Elite ups stake in Mobile World Group to 7.2%

Mutual Fund Elite has invested $15.3 million (VND 326 billion)  to purchase 3,198,714 shares of Mobile World Group (MWG), increasing its ownership in the mobile retail chain, to 7,708,207 shares. This represent 7.23% of the total equity in the MWG, making Mutual Fund Elite one of the major shareholders in the… Read more »


Hoan My Corp buys 70% stake in Dong Nai hospital

Vietnamese healthcare provider Hoan My Medical Corporation has bought 70% stake in the Dong Nai International Hospital. The remaining 30% would remain with the existing shareholders, said a representative of the Hoan My Corp,  which is owned by the Singapore based Chandler Group. The size of the deal, that gives Hoan My corp… Read more »


Vietnam’s Vinaconex exits realty arm

Vietnam’s state-owned infrastructure company Vinaconex Corporation has announced the completion of the process of divestment from its realty arm Vinaconex Real Estate Trading Floor JSC (Vinaconex Real). The ownership of the company’s shares in Vinaconex Real Estate Trading Floor JSC (Vinaconex Real) was transferred to a group of investors comprising of… Read more »