News

A domestic retailer would acquire Auchan’s business in Vietnam, of which the take-over process is scheduled to start in early June.

In Vietnam, the gender financing gap is estimated by the International Finance Corporation to be at US$1.19 billion.

The city would include an addition of 1,000 hectares into planning for industrial parks, targets to maintain the contribution rate of 27 – 28% to the state budget and GRDP growth rate of 8.3 – 8.5%.

Currently, the equity firm has five investment projects in Vietnam, two of which are in the field of finance.

The first phase will have 40 megawatts in capacity with an estimated cost of US$92 million, which can be expanded to 170 megawatts (MW).

Vietnam is emerging as a preferred destination for companies looking to resettle production because of tariff concerns emerged from the US – China trade friction.

Carlsberg, which currently holds a 17.34% stake in Habeco, has the right of first refusal for any stake sale from the Hanoi-based beer company, expressed interest in raising the stake, but discussions have dragged for years.

The farms, located in Thanh Hoa, Binh Phuoc, and Binh Dinh provinces, will produce 930,000 pigs in total every year, with construction to be completed by 2021.

Shifting production is expected to boost LG’s annual capacity of its smartphone plant in Vietnam by 83% to 11 million handsets from the second half of 2019.

With an offering price of VND120,000 (US$5.14) per share, Taisho was expected to part away with at least VND2.47 trillion (US$105.84 million) to complete the deal.

CP Foods will invest more than US$200 million to create an export hub for its poultry and pork business, which is equal to more than 25% of the total invested by Thai companies between 2015 and 2017.

Both Platinum Victory and F&N Dairy Investment are in a race to increase their respective holdings at Vinamilk.

The company, nonetheless, remains interested in operating a low-cost airline in Vietnam due to its favorable geographical location, expanding aviation market and overall growth potential.

Thanks to Vietnam’s favorable business environment, Home Credit has decided to expand its investments in the country, said its executive chairman.

Marubeni’s strong business growth in Vietnam is an evidence of the comprehensive and substantial Vietnam – Japan relations.

With a par value of VND10,000 (US$0.43), the total value of the share amount in subject is VND14.18 trillion (US$611.64 million).

The global investment firm proposed mobilizing capital for the project under the form of sale-and-leaseback, VietnamFinance reported.

The agreements were signed in the frame of Dutch Prime Minister Mark Rutte`s visit to Vietnam this week.

Asia Group and other US companies want to know more about Vietnam’s investment environment and policies, as well as the country’s development strategy.

Compal Group expects exports from its current assembly plant in Vietnam in 2019 is US$500 million.