Google, FB may get one year to comply with Vietnamese cyber law


The cyber law, that goes into effect on Jan. 1, requires them to open local offices and store data of Vietnamese users in the country.

Vietnam: Truong Hai Auto diversifies operations, invests $343m in HAGL

THACO has also committed to invest a sum of $515 million to restructure the two businesses by 2020.

Vietnamese court adjourns Vinasun-Grab lawsuit due to lack of evidence

This is the third time the court case has been adjourned on account of lack of evidence.

Vietnam’s BIDV seeks shareholder nod to sell 15% to S Korea’s KEB Hana Bank

At the current market price, the planned BIDV shares issued to KEB Hana Bank are worth $735 million.

Vietnam: ESP Capital leads $500k investment in local food recipe portal Cooky

Cooky, founded in 2015, received a seed financing from Vietnamese home-grown VC firm ESP Capital in 2017.

Vietnam state fund, Viettel seek to raise $323m from Vinaconex stake sale

The share sale will be carried out in a public auction on November 22, with the starting price of VND 21,300 apiece.

Vietnamese prosecutor recommends Grab be treated as taxi service

The procuracy has also suggested that Grab pay local firm Vinasun a compensation of VND41 billion ($1.8 million) to cover the latter’s business losses.

VI Group, Thai-listed Minor ink JV to bring The Coffee Club to Vietnam

The Vietnamese private equity firm has ventured into franchising before, bringing in F&B brands such as The Pizza Company, Swensen’s, Dairy Queen, Buffalo Wild Wings, AKA House, Holy Crab and TocoToco

Samurai Power picks $31m stake in Vietnam’s IDS Equity Holdings

IDS Equity Holdings, majority owned by Leadvisors Capital Management, specialises in restructuring and investments in family businesses as well as state-owned enterprises in Vietnam.

Malaysia’s RHB Bank bags approval to buy Vietnam Securities Corp

RHB has received the approval of the State Securities Commission of Vietnam to buy a 51% stake in the Vietnamese firm for VND121.63 million ($5.37 million) in cash.