VN Dealbook: Saigon Asset Management buys out US firm; German FDI to reach $5b

VN Dealbook: Saigon Asset Management buys out US firm; German FDI to reach $5b

Visual from Saigon Asset Management Corporation's website.

In a cross-border deal in Vietnam, Saigon Asset Management Corporation buys out US-based Heritage Beverage Company, exclusive importer of Saigon beer products to the North American market. Meanwhile, Germany has committed to bring its direct investment into Vietnam to $5 billion within the next five years.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter