Tech media group YeaH1 divests 51% stake in multimedia group STV

Tech media group YeaH1 divests 51% stake in multimedia group STV

YeaH1 Group, a leading tech media firm in Vietnam, has announced the divestment of nearly 2.3 million shares, equivalent to 51.19% of multimedia group STV’s charter capital.

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

Korean financial group to purchase stake in Vietnamese broker Infina

Korean financial group to purchase stake in Vietnamese broker Infina

The Vietnamese subsidiary of South Korea’s JB Financial Group, JB Securities Vietnam, will purchase a 3.9% stake in Vietnamese financial service provider Infina.

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

State capital management firm prepares four divestments

State capital management firm prepares four divestments

State Capital Investment Corporation (SCIC), which manages and invests state capital in enterprises, will organize four auctions this month to sell part of its stakes in four companies.

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

TM Holding ups stakes in Hai Phong warehousing, goods storage firms

TM Holding ups stakes in Hai Phong warehousing, goods storage firms

TM Holding Fund Company Ltd., run by entrepreneur Tran Tien Dung, has been paying special attention to warehousing and goods storage businesses in the northern port city of Hai Phong.

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

Foreign investors earn big from acquiring Vietnam pharma firms

Foreign investors earn big from acquiring Vietnam pharma firms

In addition to profiting from stock price hikes, foreign firms have regularly received annual dividends of 20-40% from Vietnamese pharmaceutical enterprises.

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

Foreign investors acquire strategic stakes in Vietnam pharmaceutical firms

Foreign investors acquire strategic stakes in Vietnam pharmaceutical firms

Vietnam's lucrative pharmaceutical industry has seen leading domestic companies like DHG Pharma, Domesco, Traphaco, Imexpharm, Ha Tay Pharmaceutical and Pymepharco attract foreign investors who’ve become strategic shareholders.

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

Norwegian investment fund to buy 95 million shares in Vietnam's SeABank

Norwegian investment fund to buy 95 million shares in Vietnam's SeABank

Vietnam’s SeABank will sell nearly 95 million shares to the Norwegian Investment Fund (Norfund) for about VND1.2 trillion ($50.5 million).

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

Vietnam conglomerate Thaco considers 10% stake sale in automobile arm

Vietnam conglomerate Thaco considers 10% stake sale in automobile arm

Vietnamese leading multi-business group Thaco is looking for an investor into its automobile arm Thaco Auto with a 10% stake, Thaco vice chairman Nguyen Hung Minh said.

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

Vietnam giant Thaco mulls stake sale in $5 bln automaker

Vietnam giant Thaco mulls stake sale in $5 bln automaker

Thaco Group, one of Vietnam’s leading private conglomerates, is considering bringing in an investor into its automobile arm Thaco Auto in a deal that could value the producer at around $5 billion, Reuters said Wednesday.

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

Singapore’s Thomson Medical likely to buy in Vietnam FV hospital

Singapore’s Thomson Medical likely to buy in Vietnam FV hospital

Thomson Medical Group, a Singapore-based healthcare company backed by tycoon Peter Lim, is in advanced talks to buy a controlling stake in French-backed FV Hospital in Ho Chi Minh City, Bloomberg wrote Thursday.

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

Kido buys 25% stake in food producer Tho Phat

Kido buys 25% stake in food producer Tho Phat

Leading Vietnamese food and cooking oil producer Kido Group completed the purchase of a 25% stake in Tho Phat Food Processing Company on Monday, and is negotiating to buy more to be the majority shareholder.

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

Vietnam's education sector wide open to investors

Vietnam's education sector wide open to investors

Educational services at different levels in Vietnam are offering investment opportunities for overseas funds and investors to tap into, with the country witnessing a surge in edtech investments last year.

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

Vietcombank to select foreign investors for 6.5% stake

Vietcombank to select foreign investors for 6.5% stake

Leading Vietnamese lender Vietcombank said it will select foreign shareholders for a 6.5% stake via private placements.

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

Kido to acquire 25% stake in food maker Tho Phat, invest more

Kido to acquire 25% stake in food maker Tho Phat, invest more

Vietnamese leading food and cooking oil producer Kido Group will purchase a 25% stake in Tho Phat Food Processing Company, and continue to raise its ownership to the range of 51-70%, said Kido vice board chairman and CEO Tran Le Nguyen.

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

VPBank receives 10% deposit from Japan’s SMBC

VPBank receives 10% deposit from Japan’s SMBC

VPBank, Vietnam’s largest bank by charter capital, has received a 10% deposit from Sumitomo Mitsui Banking Corp. (SMBC) in a deal to sell its 15% stake to the Japanese major bank, said VPBank chairman Ngo Chi Dung.

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

Vincom Retail likely to sell stake to strategic investors

Vincom Retail likely to sell stake to strategic investors

Thailand's largest retailer Central Group and other companies are negotiating to buy a stake in Vincom Retail, the retail arm of Vietnam's biggest private conglomerate Vingroup.

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

SMBC acquires 15% stake in Vietnam’s VPBank for $1.5 bln

SMBC acquires 15% stake in Vietnam’s VPBank for $1.5 bln

Vietnamese lender VPBank signed a deal on Monday to sell a 15% stake to Japan’s Sumitomo Mitsui Banking Corp. (SMBC) for about $1.5 billion through a private placement.

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

VPBank nears 15% stake sale to Sumitomo Mitsui

VPBank nears 15% stake sale to Sumitomo Mitsui

VPBank, Vietnam's largest private bank by chartered capital, is in the final stages of a deal to sell a 15% stake to Japan’s Sumitomo Mitsui Financial Group Inc. (SMFG) for about $1.4 billion, according to Bloomberg.

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

Japan’s Lion to buy 36% stake in Vietnam pharma firm Merap

Japan’s Lion to buy 36% stake in Vietnam pharma firm Merap

Lion Corp. will acquire a 36% stake in Vietnamese pharma firm Merap Group as the Japanese consumer goods company expands its presence in Asia.

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

Singapore’s APAC Realty buys new 22% stake in ERA Vietnam

Singapore’s APAC Realty buys new 22% stake in ERA Vietnam

APAC Realty has increased its holding in ERA Vietnam to 60% by acquiring another 22% of the Vietnamese real estate agency for almost $3.7 million.

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

Korean giant SK mulls Southeast Asia asset sale for reinvestment

Korean giant SK mulls Southeast Asia asset sale for reinvestment

SK Group, South Korea’s second-largest conglomerate, said Monday it is considering selling some of its assets in Southeast Asia to reinvest in other companies in Vietnam and other regional countries.

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

Tepco Renewable buys 25% stake in Vietnam Power Development Co.

Tepco Renewable buys 25% stake in Vietnam Power Development Co.

Tepco Renewable of Japanese electricity heavyweight Tepco has acquired a 24.96% interest in Vietnam Power Development JSC, making the Vietnamese firm an affiliate.

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

Vietnamese schools seek to lure capital, expertise

Vietnamese schools seek to lure capital, expertise

Private education assets in Vietnam have recently become more appealing as private equity and other investors seek to further tap the country’s growing middle class.

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

Tech unicorn VNG to register on unlisted public company market

Tech unicorn VNG to register on unlisted public company market

VNG, one of the four tech unicorns in Vietnam, is preparing to register its shares on the country's Unlisted Public Company Market (UPCoM).

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

Samsung Engineering secondee joins Vietnam water supplier board

Samsung Engineering secondee joins Vietnam water supplier board

Hansu Kang from South Korea-based Samsung Engineering has joined the board of directors at DNP Water, a Vietnamese water supply company.

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

Mobile World to sell 20% stake in $1.5 bln grocery retailer

Mobile World to sell 20% stake in $1.5 bln grocery retailer

Vietnamese retail giant Mobile World Investment Corp. is seeking the sale of up to 20% of its grocery unit Bach Hoa Xanh in a deal expected to value the chain at more than $1.5 billion.

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