CapitaLand acquires prime site in Vietnam, sets up $130m fund


Vietnam is the third largest market for CapitaLand in Southeast Asia, after Singapore and Malaysia.

Vingroup picks banks for property unit IPO that could raise $1b

Vingroup has tapped Citigroup, Credit Suisse, Deutsche Bank and Morgan Stanley for the planned IPO of Vinhomes.

Vietnam Digest: SCIC fixes base price for BMP auction; PV Power trading on UPCoM

Vietnam state fund SCIC is targeting to raise $103 million from the sale of 24.15 million shares in blue-chip company Binh Minh Plastic while PV Power will trade on UPCoM on March 6

Vietnam Dealbook: SCIC to sell shares in Maritime Bank; IOC, Pertamina eye BSR

After the successful initial public offering (IPO) in January, BSR plans to divest a further 49 per cent stake to strategic investors.

Vietcombank sells Vietnam Airlines shares; Toong, BIM launch co-working ops in Laos

Vietcombank, Vietnam’s largest lender by market value, has earned VND334 billion ($14.6 million) by offloading 7.6 million shares of Vietnam Airlines (HVN).

VinaCapital acquires stake in poultry firm Ba Huan for $32.5m

Established in 2001, Ba Huan accounts for 30 per cent of Vietnam’s pasteurized egg market share and is a household brand.

S Korea’s Mirae Asset, Vietnam’s SCIC launch joint venture

Mirae Asset Financial Group Chairman Park Hyeon-Joo said the firm plans to diversify its portfolio to include real estate and PE funds in Vietnam.

Vietnam Dealbook: Malaysia’s Yinson in JV with PTSC; State to sell VTRI stake

Vietnam continues to pare state stake in enterprises having great asset value.

T&T Group seeks to acquire 25% of Vietnam’s rice exporter Vinafood 2

T&T Group is the only one to submit an application to become a strategic investor in Vinafood 2.

VI Group invests in Vietnamese supermarket chain Kid Plaza

Kids Plaza owns 72 supermarkets nationwide and an online retail channel, offering over 10,000 products for the mother and children category.