Mobile World chairman and CEO Nguyen Duc Tai said, the firm would be venturing into a combination of offline and online businesses across the region, tapping the $6 billion online market in Southeast Asia.
By Nguyen Thi Bich Ngoc
It is targeting these investments in the first half of the year.
FPT Corporation, one of Vietnam’s biggest private tech firms, is planning to use the money from selling its retail and distribution units to facilitate M&A activities in the information technology area, local media reported from the company’s shareholder meeting on Thursday.
The tech firm will reduce its holdings in FPT Shop, the mobile device retailer, and FPT Trading, which manufactures, imports and sell telecommunications and electronic products.
Vietnamese private equity firm Mekong Capital has been named Frontier Market Firm of the Year 2014 by the Private Equity International Awards due to the strong growth of its investment portfolio. It was the second successive year that the fund won an award from Private Equity International. In 2013, it received the… Read more »