Vietnam Dealbook: Vissai , GAS, VTV Tower


There have been several exits of listed companies from their subsidiaries in Vietnam this week. PetroVietnam-Nghe An Construction Company sold its stake in Nghe An Petroleum Cement JSC, to the cement manufacturer Vissai Group. PetroVietnam Gas, another unit of the nation’s biggest oil and gas group PetroVietnam, will sell over five… Read more »

Vietnam’s tech startup Echoes plans to soundmap more cities

Vietnam based tech startup Echoes, that provides tourists with a platform to “make soundmaps and listen to them” will participate in May, in a Singapore forum for the most promising startups. Launched by Josh Kopecek, Echoes is a ‘Soundwalk’ project that offered a unique service of locative audio and 3D sound tours; changing the… Read more »

Seed funding hard to come by in Vietnam: George Vozikis

Vietnam has witnessed a recent spate in startups related activities. The sector itself has shown a strong growth, that has attracted increasing numbers of venture capitalists (VCs), looking at opportunities in this market. However, calling for the first funding rounds is not easy, says George Vozikis, the corporate entrepreneurship and innovation instructor at the University of Hawaii’s… Read more »

VN’s Mekong Capital wins Frontier Market Firm of the Year

Vietnamese private equity firm Mekong Capital has been named Frontier Market Firm of the Year 2014 by the Private Equity International Awards due to the strong growth of its investment portfolio. It was the second successive year that the fund won an award from Private Equity International. In 2013, it received the… Read more »

Dentsu Aegis acquires 40% in VN’s digital marketing firm Emerald

Dentsu Aegis Network Ltd., a multinational media and digital marketing communications company headquartered in London, has forayed into Vietnam by acquiring six year-old Ho Chi Minh City-based integrated digital marketing firm Emerald Consulting Co Ltd. Dentsu Aegis said the deal also allows it to acquire a controlling stake in the company at a future… Read more »

VN Dealbook: TVS, Saigon Co-op & Pham Nhat Vuong

More investment deals have come to the fore in the Vietnam market, this week. Thien Viet Securities Company has acquired a fund management company and plans to establish its own investment fund, while Saigon Co-op has purchased a majority stake in a Da Nang-based firm. In addition, Vietnam’s richest entrepreneur, Pham Nhat Vuong, gets… Read more »

VinaCapital boosts F&B investments, to buy Quang Ngai Sugar?

VinaCapital’s Vietnam Opportunity Fund (VOF) has said that it will increase private equity investment and holdings in the OTC (over-the-counter) market, focusing on the food and beverage sector. The food and beverage industry in Vietnam “anticipates strong earnings growth as consumers benefit from low inflation, increased spending power and wealth creation”,… Read more »

Hai An Port to adjust stock price by 8% before listing

Vietnam based Hai An Transport and Stevedoring JSC (Hai An Port) plans to increase its reference stock price of VND37,000 ($1.88) by 8 per cent to VND40,000. The company has already submitted relevant papers to the Vietnamese State Securities Commission and to the Ho Chi Minh City Stock Exchange, where it plans to list… Read more »

Vietnam Dealbook: Banking, FIT, Vietnam Airlines

In Vietnam, this week there have been new development in the ongoing deals. Country’s central bank has revealed plans for restructuring a few more banks, either through voluntary merger or nationalisation. The national air carrier Vietnam Airlines has shown interest in the Noi Bai International Airport’s Terminal T1. While on the stock market,… Read more »

VN needs to offer more incentives to foreign investors

More foreign investors flocked the Vietnamese market last year, than ever before. The country saw an unprecedented inflow of foreign investment, which increased by 26 per cent in 2014. However, Vietnam has a long way to go before it become a “first-to-come” market. Speaking at a meeting last week, the… Read more »