By Nguyen Thi Bich Ngoc
Uber entered this Southeast Asian country in 2014 along the same time as Grab and EasyTaxi.
Vietnam will potentially see another acquisition by a South Korean conglomerate, as Lotte Group’s credit card arm is in the process of buying the entire shares in TechcomFinance. Meanwhile, Philippine Aboitiz Group’s food unit Pilmico, after announcing its acquisition of Eurofeed more than two months ago, has said the deal… Read more »
Its latest exit was from investments in agricultural company Loc Troi Group.
Vincom Retail’s planned IPO could fetch as much as $600 million.
Vietnam is expected to see more acquisitions by South Korean companies. CJ Logistics has said it is still interested in purchasing a stake in Vietnam’s leading logistics company, Gemadept, while KB Securities has reportedly signed a contract to take control of Maritime Securities. CJ keen on acquiring logistics company Gemadept… Read more »
The IPO is slated for completion by the end of this year.
Vietnam: Finance ministry unit to take over divestment of beer firms in case of delay by trade ministry
Divestment in Habeco and Sabeco needs to be completed by November for proceeds to be transferred to Vietnam’s enterprise development fund by December 1.
In its NYSE listing prospectus, Sea had disclosed buying a controlling interest in an unnamed Vietnamese startup.
This partnership will leverage the synergy among researchers and investors.
Kuo-Yi Lim, managing partner at Monk’s Hill Ventures, said the firm was not looking at very early-stage investments in Vietnam.