Thai billionaire seeks to raise ownership in Vinamilk to 21%


F&N Dairy Investments, owned by Thai billionaire Charoen Sirivadhanabhakdi, is expected to shell out over VND2.3 trillion ($101.2 million) to increase its stake in Vinamilk.

Vietnam raises $940m from IPOs in first half of 2018

Experts predict a faster equitization process in the second half of the year but it will be difficult to meet the government’s annual target.

Japan’s Taisho ups stake in Vietnam-listed DHG Pharma to 32%

The Japanese pharma player has proposed to purchase an additional 7.06 per cent stake in the Vietnamese firm.

Foreign investors flock to Vietnam’s real estate market chasing higher returns

Vietnam’s real estate market has attracted foreign capital to the tune of $5.54 billion, accounting for 27.3 per cent of total FDI poured into the country in the first half of the year.

Keppel to sell Orbista as part of full divestment in Vietnamese property developer

The move is a part of its full divestment in Vietnamese property developer Quoc Loc Phat Joint Stock Company.

Vietnam Digest: Jinju Ham buys 25% in Saigon Nutri-food; Sabeco unit listing

South Korea processed meat company Jinju Ham Co has acquired 25 per cent stake of Saigon Nutri-food JSC while Sabeco’s member Saigon Hanoi Beer JSC will trade on UPCoM on July 4. 

Warburg, VinaCapital-founded Lodgis Hospitality buys two hotels in Cambodia

Established in by Warburg Pincus, VinaCapital, and VinaCapital’s founder, Don Lam, with an initial capital of approximately $300 million, Lodgis is a fully integrated hotel platform.

Vietnam: MobiFone to exit TPBank as part of strategy to focus on core business

MobiFone had previously held an auction to sell its shares in SeABank and TPBank last April as part of its strategic plan to focus on its core businesses.

Vietnam: PVOIL suspends plan to seek strategic investment

PVOIL, which accounts 20-22 per cent market share, is the second largest petroleum distributor after Petrolimex.

Vietnam Digest: Vingroup enters affordable housing space; State attracts $20b FDI

Vietnam’s biggest property developer Vingroup has announced its foray into the affordable housing segment with the Happy Town brand