Vietnam to merge stock exchanges for increasing market competitiveness


After executing a spate of mergers and acquisitions in the banking and the real estate sectors, Vietnam’s government is now considering the merger of its two independent stock exchanges. The consolidation of the Hanoi Stock Exchange (HNX) and the Ho Chi Minh City Stock Exchange (HOSE), was proposed by the Vietnam Association of… Read more »

Vietnam’s Khai Toan Group buys 17.6% in VNECO

Vietnam-based electric equipment group Khai Toan has bought a 30 per cent stake in the Vietnam Electricity Construction Joint Stock Corporation (VNECO). This was  revealed, following the State Capital Investment Corporation (SCIC) divestment from the company on March 18. The private owned company purchased nearly 17.6 per cent of VNECO to become its largest… Read more »

Vietnam to commercially deploy 4G next year

The authorities in Vietnam are planning on deployment of 4G/LTE technology, in the country by 2016. This was revealed by global telecommunications companies during the 4G LTE Summit on Thursday in the capital city of Hanoi. “Investing in 4G is essential in the development trend of the telecommunications industry,” said the… Read more »

VinaCapital’s real estate fund sells 15% in Sai Gon Quy Nhon

VinaLand Ltd, a unit of Sun Wah Group-led investment fund VinaCapital, said Tuesday it was continuing the ongoing process of divesting from Vietnamese real estate companies, with the latest being the sale of 15 per cent stake in Sai Gon Quy Nhon Tourism JSC, that owns SGT Quy Nhon Hotel in… Read more »

Tran Manh Hung is new VNPT chairman

Tran Manh Hung, general director of the Vietnam Posts and Telecommunications Group (VNPT), will be appointed the chairman of the state-own telco operator, in accordance with a Prime Minister’s decision on March 23, an official statement said. The 56 year old businessman has been with VNPT since 1981 and has held several… Read more »

VN Dealbook: Nam Long, Seaprodex, Maritime Bank, MDB

Vietnam is experiencing an increasing interest of investors from Japan. The most recent presence of Japanese companies in the local market is a deal between real estate firm Nam Long Investment Corporation, Hankyu Realty and Nishi Nippon Railroad. Meanwhile, another equitised state-owned company has decided to list shares within this year…. Read more »

Japanese cos seek Vietnamese digital content partners

Fifteen Japanese companies, from the software and digital content industry, are in Vietnam seeking investment and partnership for launching an array of online game and mobile apps in the domestic market. The Japanese companies, mostly online game developers, have proposed to cooperate with Vietnamese enterprises in terms of supplying their products to the local market, providing… Read more »

French airport eyes 30% in Airports Corporation of Vietnam

France’s Aeroports de Paris (ADP) has said that it is interested in buying a 25-30 per cent of the Airports Corporation of Vietnam, which has been valued at $1.8 billion and is preparing for an inital public offer (IPO). Augustin de Romanet, CEO of the Paris Airport, pledged that ADP… Read more »

VN Dealbook: Vingroup, FCM, Bibica

The Vietnamese investment community has seen a number of important announcement from companies, over the past week. While Vingroup intends to invest across multiple sectors, Fecon Mining plans to increase charter capital by selling shares to foreign investors. Food and beverage company Bibica, which is in a complicated relationship with Korean shareholder Lotte… Read more »

FLC implements $1bn investment, eyes Singapore listing

Vietnamese property developer FLC Group is executing a spate of realty projects with a total investment capital of $1 billion. Some of these projects will be opened for sale from the first quarter, and may translate into increased revenue and profit for the company this year, that is forecast to… Read more »