By Nguyen Thi Bich Ngoc
More VC funds are looking at Vietnam at the moment because the ecosystem is very promising
JC&C is now Vinamilk’s second-largest foreign shareholder after Fraser & Neave.
Vietnam has seen a small number of tech companies launch ICOs with targets exceeding a typical series A VC round.
SCIC will hold 36 per cent of Vinaconex after the transaction.
Cathay United Bank, ICBC and Thailand’s Kiatnakin Bank are part of lending consortium.
This latest acquisition comes on the back of a year of record home sales growth for CapitaLand in Vietnam.
The Vietnamese government aims to complete a stake sale in the country’s biggest brewer Sabeco in December, the trade ministry said, in the clearest signal yet that the long-awaited state divestment might happen this year after repeated delays. The government, which owns 89 percent in Sabeco, formally known as Saigon… Read more »
TNB Ventures participated as a co-investor.
The annual event seeks out startups providing urban life solutions.
Vietnam Azalea Fund was Mekong Capital’s first investment vehicle established in June 2007 to focus on pre-IPO investments.