By Nguyen Thi Bich Ngoc
A negotiation with a well-established PE fund failed because the management team of Galaxy Cinema wanted to exit the business, while the fund wanted the founder to stay and run the company.
Pledged foreign investment will increase up to $28 billion, Deputy Minister of Planning and Investment Dang Huy Dong said.
Warburg Pincus led a consortium that bought a 20 percent stake in Vincom Retail in 2013.
Vietnam: Tokyo Gas acquires 24.9% of PVGas D, GS Retail forms JV with SonKim Land
The project integrates a casino, a resort, a golf course and residential areas
The fund, launched earlier this year, has a mandate to invest in frontier tech.
VinaCapital will wind up the fund upon completion of its entire divestment.
Uber CTO Thuan Pham and VNG Corp chairman Le Hong Minh spoke at a fireside chat.
CJ Corp has acquired two Vietnamese food processors in the last seven months.
Blue HK Investments, a private equity fund with offices in UK, Hong Kong and Ho Chi Minh City, has scored its first investment in Vietnam with an agreement to inject $2.5 million in cinema operator Beta Media. The agreement was signed on July 18 but the investment value was not… Read more »