Vietnam lender SHB seeks strategic foreign investor
Saigon-Hanoi Bank (SHB) is seeking an optimal strategic partner towards delivering greater value to customers and shareholders, a source with knowledge of the matter told The Investor Friday.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
M&A deals bail out property developers with cash flow troubles
Merger and acquisition (M&A) deals, mostly with overseas buyers, have emerged as a solution for cash flow bottlenecks faced by Vietnamese real estate developers.
Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7
PGBank marriage to give Maritime Bank a facelift
Taking in a PGBank merger is expected to help Maritime Bank to grow strongly amid increasingly fierce competition among banks and limited room for medium and small lenders to expand, according to Maritime Bank.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam IPO proceeds quadruple in 2022 to $71 mln: Deloitte
The Vietnamese initial public offering (IPO) market closed last year with eight deals and proceeds of $71 million, much higher than the $16 million recorded a year earlier, but the combined market cap dropped sharply, according to a new Deloitte report.
Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7
TheraVet signs product distribution deal covering Vietnam, 23 countries
Belgium-based TheraVet, a biotech company specializing in osteoarticular treatments for companion animals, has signed an exclusive distribution agreement with Vetpharma for the former’s Biocera-vet product range in 24 global markets including Vietnam.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam M&A forecast for a busy year: PwC
Technology, media, telecoms, industrial manufacturing, automotive, financial services, energy, consumer markets, and health are forecast to offer opportunities for mergers and acquisitions (M&A) in Vietnam this year, a new PwC report said.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Loc Troi signs half-million-ton-rice deal with exporter Vinafood I
Agricultural services and food conglomerate Loc Troi Group JSC struck a deal Thursday to supply 500,000 tons of rice to leading rice exporter Vietnam Northern Food Corp. (Vinafood I) in 2023.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Headwinds in Vietnam M&As likely to attract strong investors
Merger and acquisition (M&A) activities in Vietnam continue to face headwinds but these market conditions are expected to bring new opportunities for passionate buyers in 2023, KPMG Vietnam partner Nguyen Cong Ai said Thursday.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
SMAC Vietnam plants make digital pens for Sweden’s Anoto
South Korea-based Smart Mobile Application Company (SMAC) has signed a production agreement with Anoto Group to make digital pens for the Swedish company, Anoto said Monday.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vinhomes divests from Vinpearl Landmark 81 JSC
Vinhomes, a subsidiary of Vietnam’s largest private conglomerate Vingroup, has entirely divested from Vinpearl Landmark 81 JSC.
Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7
Major Vinpearl deal adds 8 hotels to Marriott portfolio
Marriott International Inc. on Wednesday signed a strategic agreement with Vinpearl, Vietnam’s largest hospitality and leisure chain, to manage almost 2,200 rooms across eight hotels in the country under its brands.
Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7
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No offshore wind projects in Vietnam until 2028: global council
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Vietnam-Singapore Industrial Park JV earns $67 mln profit in 2023
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Techcombank plans 10% stake issue to foreign strategic investors
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Vietnam needs to build more highways: logistics firm exec
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Vietnam central bank pumps cash to save troubled lender SCB