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No hotels, resorts sold in Vietnam amid pandemic
There were no mergers and acquisitions in the hospitality industry in the first half of the year as uncertainty caused by the Covid-19 outbreak gripped it.
Masan to buy out Vinacafe
Food conglomerate Masan is set to buy the remaining 1.5 percent stake in Vinacafe Bien Hoa JSC to raise its ownership to 100 percent.
MBBank raises $74 mln from private placement to foreign investors
The state-owned Military Commercial Bank (MBBank) sold 64.3 million shares to eight foreign funds for VND1.72 trillion ($74.4 million) last month.
March 06, 2020 | 11:10 am GMT+7
Central Group takes control of Vietnamese electronics retailer
Thailand's Central Group has taken full control of electronics retailer Nguyen Kim through its latest indirect acquisition of a 41.5 percent stake.
February 27, 2020 | 03:36 pm GMT+7
Food giant Masan seeks NET Detergent acquisition
A subsidiary of food conglomerate Masan Group has publicly offered to acquire a 60 percent stake in NET Detergent JSC (NETCO), which manufactures washing products.
December 24, 2019 | 09:30 pm GMT+7
Japanese bank seeks 9.9 pct stake in Vietnam’s OCB
Japan’s Aozora Bank Ltd could acquire 9.91 percent of Vietnam’s Orient Commercial Joint Stock Bank in a VND1.22 trillion ($52.8 million) deal.
January 04, 2020 | 11:55 am GMT+7
Vinamilk acquires majority stake in competitor
Vietnam’s biggest dairy company Vinamilk has acquired a majority stake in Moc Chau Milk, entrenching its market dominance.
December 23, 2019 | 10:29 am GMT+7
Retail, banking sectors see big-ticket M&A deals in 2019
Acquisitions worth well over a billion dollars took place this year in retail and banking, and the trend could persist in 2020, experts say.
December 18, 2019 | 02:54 pm GMT+7
Nexif Energy buys two hydropower projects in Vietnam
Singaporean-Australian company Nexif Energy has acquired a 94 percent stake in Song Giang Hydropower JSC, which owns two hydropower plants in Vietnam.
December 18, 2019 | 09:16 am GMT+7
What Vingroup and Masan hope to acquire from their retail merger
Vingroup wants to focus energies on its core sectors, technology and production; the Vinmart network fits right into Masan’s consumer retail expansion plans.
December 04, 2019 | 08:29 pm GMT+7
Foreign investors continue to offload Masan Group stock
There has been a sell-off in Masan Group shares by foreign investors after it announced a merger with Vingroup on Tuesday.
December 04, 2019 | 08:25 pm GMT+7
Vingroup, Masan strike merger deal on Vietnam's largest retail chains
Vingroup and Masan have agreed to merge their units and form a new retail company which will be operated by the latter.
December 03, 2019 | 03:07 pm GMT+7
Hotel sector proves irresistible to investors
A number of major hotel acquisitions have taken place in Vietnam this year as the tourism market continues to boom.
November 16, 2019 | 08:00 pm GMT+7
Vietcombank to pull out of BNP Paribas insurance joint venture
Vietcombank is selling its stake in a JV with French life insurance firm BNP Paribas as part of a possible bancassurance deal with a foreign buyer.
November 05, 2019 | 10:32 am GMT+7
Thai firm acquires stake in northern Vietnam’s biggest water plant
Thai firm WHA Utilities and Power Plc has acquired a 34 percent stake in the Duong River Surface Water plant JSC.
November 04, 2019 | 03:35 pm GMT+7
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