ThaiBev eyes Vietnam’s beer maker SABECO


The Thai Beverage Group (ThaiBev) is talking to the authorities in Vietnam to acquire a stake in in SABECO, Vietnam’s largest beverage producer. reported a local news wire. Officials at ThaiBev refused to comment on the proceedings related to the deal. Currently, the company is listed on the Singapore Stock Exchange and has a market capitalization… Read more »

Appota plots expansion as revenue jumps 200%

Vietnam’s leading mobile content distribution platform, Appota, has been able to secure funding and expand operations in a very short time. One of the few successful startups from Vietnam, it was fostered at the incubator Topica’s Founder Institute, in 2011. it has successfully raised funds in Series A and B financing rounds… Read more »

Vietnam Airlines IPO: Domestic banks to be largest investors?

Foreign institutions have kept away from the much anticipated IPO of the Vietnam’s flagship air carrier – Vietnam Airlines (Vietnam Aviation Corporation). Going by the IPO related investor data released by the Ho Chi Minh Stock Exchange (HOSE), two domestic firms have registered to purchase 98% share of airliners shares…. Read more »

Elite ups stake in Mobile World Group to 7.2%

Mutual Fund Elite has invested $15.3 million (VND 326 billion)  to purchase 3,198,714 shares of Mobile World Group (MWG), increasing its ownership in the mobile retail chain, to 7,708,207 shares. This represent 7.23% of the total equity in the MWG, making Mutual Fund Elite one of the major shareholders in the… Read more »

Hoan My Corp buys 70% stake in Dong Nai hospital

Vietnamese healthcare provider Hoan My Medical Corporation has bought 70% stake in the Dong Nai International Hospital. The remaining 30% would remain with the existing shareholders, said a representative of the Hoan My Corp,  which is owned by the Singapore based Chandler Group. The size of the deal, that gives Hoan My corp… Read more »

Vietnam’s Vinaconex exits realty arm

Vietnam’s state-owned infrastructure company Vinaconex Corporation has announced the completion of the process of divestment from its realty arm Vinaconex Real Estate Trading Floor JSC (Vinaconex Real). The ownership of the company’s shares in Vinaconex Real Estate Trading Floor JSC (Vinaconex Real) was transferred to a group of investors comprising of… Read more »

Samsung to invest $3b in Vietnam phone facility

Electronics major Samsung plans expand it’s smartphone manufacturing facility in Vietnam by investing $3 billion in a second plant, next to its existing facility in the country’s Thai Nguyen province. Thai Nguyen province has officially granted an investment license to Samsung Electronics Vietnam Thainguyen (SEVT) for building the new mobile phone factory, next to… Read more »

Mondelez acquires 80% in Kinh Do for $370m

US-based confectionery conglomerate Mondelez International Corp is planning to acquire a majority stake (80%)  in the snack unit of Kinh Do Corporation – the Binh Duong Kinh Do Corp-  through an investment of $370 million. Subject to Kinh Do shareholders approval, Mondelez will have an opportunity to purchase the remain 20% stake… Read more »

Topica trains startups to be entrepreneurs: Tran Manh Cong

Topica – a Vietnam-based online education services provider – adopted the world’s largest entrepreneurship program from the Founder institute in 2011. Since then, it has successfully helped 28 startups / founders to raise nearly $10 million as seed fund. In an interaction with DEALSTREETASIA, Tran Manh Cong, co-director, Topica Founder… Read more »

GEM invests $80m in Hoang Anh Gia Lai Group

The US-based Global Emerging Markets Fund (GEM) will be investing VND 1700 billion ($80 million) in Hoang Anh Gia Lai JSC (HAGL). According to the terms of the deal, GEM will acquire 10% stake in HAGL mainly through the acquisition of shares from shareholders and existing investors. This transaction is… Read more »