Vietcombank taps Credit Suisse to scout for insurance distribution partner

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A deal could be worth as much as $1 billion over the life of the contract, depending on how it is structured

VinaCapital-backed Khang Dien House to divest entire stake in subsidiary for $9.4m

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).


Vietnam’s soy beverage startup Soya Garden raises $880k from Egroup

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.


DFJ VinaCapital-backed Yeah1 to list at highest reference price ever in Vietnamese bourse

Yeah1 would be the first local entertainment company to list on the stock market.


S Korean’s cinema chain CJ CGV plans IPO for Vietnamese unit

It is said that Korea’s CJ CGV is seeking to raise fresh capital to further cement its leadership in the Southeast Asian market.


Japanese Sumitomo-BRG Group JV to invest $1b for Hanoi smart city project

The smart city project, which covers 270 ha in north of Hanoi, is expected to commence in the third quarter this year


Vietnam: ComfortDelgro Savico Taxi, Vinataxi merge to take on Grab

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.


Vietnam: Nawaplastic up stake to 53% in BMP; Phuong Nam cuts holding in CGV

Thailand’s Nawaplastic has increased its stake in Binh Minh Plastic while Phuong Nam has pared its holding in cinema operator CGV.


Vietnam features among top five nations in Q1 Asia-Pac IPO listings: Baker McKenzie report

Following China, India, Japan, issuers from Vietnam have raised $2.3 billion from three domestic listings – Vinhomes, Techcombank and An Giang Urban Environment Company


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