By Joyce Koh
A deal could be worth as much as $1 billion over the life of the contract, depending on how it is structured
Khang Dien said its board of directors has approved the company’s plan to divest its 51 per cent stake in Dat An Real Estate Trading and Investment JSC for a total value of VND214.2 billion ($9.4 million).
The investment from Egroup will be used to hire more personnel and build the startup’s IT infrastructure to support its plans to open 30 new stores in Hanoi and Ho Chi Minh City.
Yeah1 would be the first local entertainment company to list on the stock market.
It is said that Korea’s CJ CGV is seeking to raise fresh capital to further cement its leadership in the Southeast Asian market.
The smart city project, which covers 270 ha in north of Hanoi, is expected to commence in the third quarter this year
Through the merger, Vinataxi and ComfortDelgro Savico Taxi will set up a new system with a fleet of 300 high-tech cars to compete with GrabTaxi.
Thailand’s Nawaplastic has increased its stake in Binh Minh Plastic while Phuong Nam has pared its holding in cinema operator CGV.
Following China, India, Japan, issuers from Vietnam have raised $2.3 billion from three domestic listings – Vinhomes, Techcombank and An Giang Urban Environment Company
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