Public Bank to spend $15 mln on acquiring RHB Securities Vietnam

Public Bank to spend $15 mln on acquiring RHB Securities Vietnam

Public Bank Vietnam, a wholly owned subsidiary of Malaysia’s Public Bank Berhad, will spend VND374 billion ($15.24 million) on acquiring RHB Securities Vietnam.

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

Thailand’s SCG Packaging completes 70% stake acquisition in carton maker Starprint Vietnam

Thailand’s SCG Packaging completes 70% stake acquisition in carton maker Starprint Vietnam

SCG Packaging (SCGP), under Thailand’s giant Siam Cement Group (SCG), has completed a 70% stake acquisition of Vietnam’s Starprint Vietnam JSC for VND676.8 billion ($27.8 million).

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

Singapore’s Boustead Projects set to acquire Vietnamese industrial developer for $11 mln

Singapore’s Boustead Projects set to acquire Vietnamese industrial developer for $11 mln

Boustead Projects Limited, a Singapore-based provider of innovative eco-sustainable real estate solutions, has announced an agreement to acquire Vietnamese firm Minh Quang Industrial Development JSC for VND261.9 billion ($10.8 million).

Industrial real estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

Singapore’s CapitaLand affiliate acquires $562 mln real estate project in southern Vietnam

Singapore’s CapitaLand affiliate acquires $562 mln real estate project in southern Vietnam

Sycamore, an affiliate of Singapore-headquartered CapitaLand, has acquired the Tan Thanh Binh Duong housing-urban area complex in Binh Duong province.

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

Foreign investors dominate Vietnam's realty M&A market

Foreign investors dominate Vietnam's realty M&A market

As dominating players in Vietnam's merger & acquisition (M&A) real estate market, foreign investors are expected to pour a large amount of capital into the Vietnamese real estate market in the period 2024-2026, write Cushman & Wakefield analysts.

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

Sembcorp to spend $160 mln on 245 MW renewables portfolio in Vietnam

Sembcorp to spend $160 mln on 245 MW renewables portfolio in Vietnam

Singapore’s Sembcorp Industries will spend a maximum of SGD218 million ($160.3 million) on acquiring majority interests ranging 73-100% in subsidiaries of Vietnam’s multi-sector firm Gelex, consequently adding 245 MW of renewable energy assets to its portfolio in the country.

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

Vietnam records $500 mln in real estate M&A in first half: JLL

Vietnam records $500 mln in real estate M&A in first half: JLL

The transaction value of real estate mergers & acquisitions in Vietnam totaled $500 million in the first half of this year, up 41.2% versus the same period of pre-pandemic 2019, according to Jones Lang LaSalle.

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

Vietnam EV maker VinFast to re-file for US IPO after SPAC merger

Vietnam EV maker VinFast to re-file for US IPO after SPAC merger

Vietnamese electric vehicle producer VinFast has withdrawn its original plans for an initial public offering (IPO) in the U.S. and will file a new application following a proposed business merger.

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

Maritime Bank shareholders reject merger plan

Maritime Bank shareholders reject merger plan

Shareholders in Vietnam’s Maritime Bank (MSB) have rejected the bank’s plan to merge with a local credit institution.

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

PGBank marriage to give Maritime Bank a facelift

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

Maritime Bank mulls merger with local bank: executive

Maritime Bank mulls merger with local bank: executive

Vietnam’s Maritime Bank (MSB) is looking to merge with a local bank that it deems suitable to its development orientation, helping the lender to expand more rapidly, a senior executive said.

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