Vietnam plans 6.5 times more sales of stakes in state companies


Stakes in 245 state companies are up for grabs in 2018, including four scheduled in the first quarter — Binh Son Refining and Petrochemical Co, PetroVietnam Oil Corp., PetroVietnam Power Corp. and Hanoi Beer Alcohol & Beverage JSC.

Vietnam: FMCG major Masan Beverage to up stake in Vinacafe to 100%

Prior to the offer, Masan Beverage held 68.46 per cent in Vinacafe.

Fish sauce is the key ingredient in the making of this Vietnamese billionaire

Shares of Masan Group have more than doubled in the past six months, lifting the net worth of its founder & chairman Nguyen Dang Quang to $1.2 billion.

Vietnam’s Binh Son (BSR) to trade on UPCoM in March

Vietnam’s state-owned Binh Son Refining and Petrochemical (BSR) raised $245 million in its initial public offering (IPO) this month.

Vietnam’s influencer platform NAH JSC raises $200,000 seed round

NAH connects brands and advertisers with micro influencers and key opinion leaders.

South Korea’s TNK Factory makes seven-digit investment in Vietnam’s Adsota

Adsota will gain access to its Korean partner’s advertising technology as well as the East Asian market for expansion.

Vietnam raises $245m from refinery operator Binh Son’s IPO

The proceeds exceeded the government’s plan to raise at least $155 million from the sale.

All consumer sectors should do well in Vietnam till 2020: Chris Freund, Mekong Capital

Chris Freund, Founder and Partner at Mekong Capital, says, “the companies that successfully implement omnichannel retailing will be most successful.”

China’s deepens SE Asia footprint, co-leads funding round in Vietnam’s Tiki

Upon completion of the deal, will become one of Tiki’s largest shareholders.

Vietjet co-founder, Shell among those vying for PV Oil strategic stake

PV Oil, a PetroVietnam subsidiary, plans to offer 20% of its shares in an IPO on January 25, and another 44.72% stake to strategic investors through a private placement.