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Lotte makes expansion plans following Vietnam supermarket success

Lotte makes expansion plans following Vietnam supermarket success

In 2015, revenue from Lotte Mart's 11 supermarkets in Vietnam increased over 30 percent to VND5 trillion ($225 million), and to keep up this rapid growth, Lotte Mart will open more stores in the future.
M&As in Vietnam's retail market: Thai corporations the dominant players

M&As in Vietnam's retail market: Thai corporations the dominant players

Since 2012, Vietnam's retail market has witnessed a boom in mergers and acquisitions with several big moves made by Thai investors.   
May 6, 2016 | 01:41 am PT
Vietnamese banks under mounting pressure to adopt technological advancements

Vietnamese banks under mounting pressure to adopt technological advancements

Commerical banks in Vietnam have managed to quicken their pace at which they are adopting technologies in recent years, but they remain far behind their global counterparts who are frantically racing to commercialise innovatives, such as data structure blockchains and many other fintech solutions.
May 11, 2016 | 11:46 pm PT
PG Bank, Vietinbank to merge in Q2: Petrolimex

PG Bank, Vietinbank to merge in Q2: Petrolimex

State-controlled Petrolimex plans to complete the merger between its Petrolimex Group Commercial Joint Stock Bank (PG Bank) and Vietnam Bank for Industry and Trade (Vietinbank) in the second quarter of this year, the top oil company said in a statement Monday.
May 16, 2016 | 04:11 am PT
Vinamilk extends global reach with U.S. dairy firm acquisition

Vinamilk extends global reach with U.S. dairy firm acquisition

Vietnam's largest dairy company Vinamilk has bought out the remaining shares in U.S. dairy and food company Driftwood Dairy after investing an additional $3 million.
May 23, 2016 | 10:32 pm PT
Vietnam’s rapidly growing retail industry partially offsets economic slowdown

Vietnam’s rapidly growing retail industry partially offsets economic slowdown

The rising middle class has been attracting foreign retail giants to Vietnam.
August 6, 2016 | 12:25 am PT
Philippine food giant buys Australian snack maker

Philippine food giant buys Australian snack maker

Worth $460 million, it's the latest big deal in a global shopping spree by Filipino firms.
August 17, 2016 | 07:02 pm PT
Vietnam's M&As to hit a record high of $6bln in 2016

Vietnam's M&As to hit a record high of $6bln in 2016

Foreign retailers are flooding into the country as consumer spending is set to grow 47 percent in the next four years. 
August 20, 2016 | 12:20 am PT
Vietnam emerges as a magnet for foreign direct investment

Vietnam emerges as a magnet for foreign direct investment

As usual, foreign investors want to cash in on Vietnam’s low-cost manufacturing.
August 21, 2016 | 11:50 pm PT
Vietnam’s Kido sells snack business for $90 mln

Vietnam’s Kido sells snack business for $90 mln

Foreign confectionary makers are looking to expand in Vietnam through mergers and aquisitions.
August 24, 2016 | 01:40 am PT
Vietnam plans new transfer pricing rules to curb tax fraud

Vietnam plans new transfer pricing rules to curb tax fraud

Various agencies are expected to work together to draft a decree and keep the practice in check.
October 5, 2016 | 01:36 am PT
Vietnam's retail market hits $118 billion amid M&A spree

Vietnam's retail market hits $118 billion amid M&A spree

Foreign investors, mainly from Thailand, Japan and South Korea, are attracted by the country's bigger and richer middle class.
January 3, 2017 | 11:00 am PT
M&A deals in Vietnam's real estate sector forecast to take off in 2017

M&A deals in Vietnam's real estate sector forecast to take off in 2017

Foreign developers want to tap into the country's growing economy and population.
January 23, 2017 | 11:45 pm PT
Kraft Heinz bids $143 bln for Unilever in global brand grab

Kraft Heinz bids $143 bln for Unilever in global brand grab

This would be one of the biggest deals ever. 
February 17, 2017 | 06:32 pm PT
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