Mai Nguyen

Google exploring steps to open representative office in Vietnam

The news comes as a controversial cybersecurity law is set to take effect next month, requiring global technology firms to open local offices and store data in the country.

Vietnam’s BIDV seeks shareholder nod to sell 15% to S Korea’s KEB Hana Bank

At the current market price, the planned BIDV shares issued to KEB Hana Bank are worth $735 million.

Japan’s MUFG not seeking to raise VietinBank stake to 50%: Report

MUFG owns 19.73 percent of the Vietnamese lender, according to Refinitiv data.

Vietnam’s Petrolimex proposes to halt JXTG-backed $5b petrochemical project

Officials from the finance and investment ministries found it logical to halt the project given its lack of competitiveness, concerns about oversupply and uncertainty over tax support.

Vietnam launches agency to manage 19 biggest state-owned firms

The new agency will manage 19 state-owned companies in which the government holds stakes with a combined book value of $42.9 billion.

Vietnam PM urges Carlsberg to raise Habeco stake in privatisation push

Carlsberg currently holds 17.34 percent of Habeco and has expressed an interest in raising the stake, but discussions have dragged for years.

Vietnam’s M&A value seen to touch $6.9b in 2018, down from 2017 highs

Future deals would focus in the real estate and consumer sectors, while telecom, energy, infrastructure, pharma and education are also likely to attract funds

Vietnam’s FPT buys 90% stake in US consulting firm Intellinet for $30m

The acquisition by FPT, one of Vietnam’s top technology firms, reflects the company’s goal of adding consultancy to its information technology services

General Motors to transfer Vietnam operations to Vingroup’s car arm

This move pairs GM’s automotive expertise with VinFast’s local market insight.

Vietnam’s Binh Son Refining considers second stake sale, April listing

The initial sale of a 7.79% stake in the refinery was part of the Vietnamese government’s plan to privatise hundreds of state-owned enterprises