UOBAM Malaysia launches Vietnam equity fund for retail investors

UOBAM Malaysia launches Vietnam equity fund for retail investors

UOB Asset Management (UOBAM) Malaysia has launched its United Vietnam Equity Fund, which provides local retail investors with access to the equity market in Vietnam, one of Southeast Asia’s leading manufacturing hubs.

Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7

UOB completes acquisition of Citigroup’s consumer banking in Vietnam

UOB completes acquisition of Citigroup’s consumer banking in Vietnam

Singapore bank UOB said Wednesday it has finished the acquisition of Citigroup’s consumer banking business in Vietnam, which includes the transfer of about 575 Citigroup-related staff members to UOB Vietnam.

Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7

Property developer Novaland’s reshuffle to be steered by NovaGroup chairman

Property developer Novaland’s reshuffle to be steered by NovaGroup chairman

Conglomerate NovaGroup’s chairman Bui Thanh Nhon is returning to take the helm of its real estate arm Novaland to drive the developer’s entire restructuring process.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

NovaGroup offers 150 mln Novaland shares in business restructuring

NovaGroup offers 150 mln Novaland shares in business restructuring

Vietnamese conglomerate NovaGroup has registered with the Ho Chi Minh Stock Exchange (HoSE) to sell 150 million shares of its property developer Novaland as part of its restructuring.

Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7

Three Masan deals among Vietnam’s top 10 M&As

Three Masan deals among Vietnam’s top 10 M&As

Three transactions among the top 10 merger and acquisition deals, ranked by Vietnam M&A Business Forum 2022, belong to multi-sector corporation Masan Group.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

UOB to acquire Citi Vietnam retail banking business next year

UOB to acquire Citi Vietnam retail banking business next year

Singapore's United Overseas Bank (UOB) said Tuesday it expects to complete the acquisition of Citigroup's consumer banking business in Vietnam and Indonesia next year.

Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7

VinFast inks deals with Credit Suisse, Citigroup to fund US plant

VinFast inks deals with Credit Suisse, Citigroup to fund US plant

Vietnamese automaker VinFast has signed agreements with Credit Suisse and Citigroup on underwriting advisory for global capital raising transactions to fund its plant in the U.S.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

US financial groups seek to expand Vietnam interests

US financial groups seek to expand Vietnam interests

Leaders of top U.S. financial corporations have expressed interest in expanding investment in Vietnam.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7