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The group wants to invest in Vietnamese private corporations and state-owned enterprises subject to privatization, while considering plan to build a national innovation center in Vietnam, the government portal reported.

The transaction has generated double profit for PENM III Germany with share price of VND41,000 (US$1.76) apiece.

Currently, the city sees retail inventory of 1.07 million sq.m with shopping center takes the lead (968,400 sq.m), followed by retail podium (86,700 sq.m), and department store (18,000 sq.m).

Vingroup has added Vien Thong A as its subsidiary in the group’s latest financial statement with 100% of voting right and 64.46% equity interest.

IFC’s investment in Altus Capital will enable the company to set up a regional facility to invest in the Philippines, Thailand, Indonesia, and Vietnam, the latter two being nascent markets for distressed asset recovery.

Samsung’s success reflects a strong relation between South Korea and Vietnam.

Being developed in central Khanh Hoa province, the project has been approved by EVN (Vietnam Electricity), the country`s sole electricity distributor, for 60 MW and is expected to generate 106,000 MWh of electricity per year, once commissioned.

By 2020, Coca-Cola plans to open a fifth plant in Ho Chi Minh City.

The buyer would have to purchase the entire amount at the minimum of VND2 trillion (US$85.65 million), for which the starting price for each share is VND21,300 (US$0.91).

It is the first major business decision after Lotte Chairman Shin Dong-bin was released from jail following an appeals trial, South Korean media reported.

Vietnamese people spend around US$3 billion on overseas education annually.

Upon completion of the proposed acquisition, Vietnam Securities Corporation (VSEC) will become a wholly-owned subsidiary of RHB Investment Bank.

PHI Group will form a wholly-owned subsidiary as the special purpose vehicle to hold the majority interest in Saigon Pho Palace and take this subsidiary public in the US Stock Market in the future to create a platform for Saigon Pho Palace`s growth and expansion.

Vietcombank is expected to offer the remaining shares amount on the stock market via put-through transaction, for which the specific date has not been disclosed.

The projects are estimated to cost US$83 million, financed with debt and equity. AC Energy will participate with at least 50% economic share.

At a starting price of VND19,641 (US$0.84) apiece, Vietcombank is expected to book proceeds of VND116.5 billion (US$5.01 million), much lower than the bank`s initial expectation of at least VND1.04 trillion (US$44.52 million), local media reported.

This results in an increase in the stake holding of domestic shareholders in Ba Huan from 66.2% to 83.6%, of which Ba Huan`s Director Pham Thi Huan owns 64%.

The amount is equivalent to 57.71% charter capital of Vietnam Construction and Import-Export Corporation (Vinaconex).

The deal is in line with Vingroup`s target of having 200 VinMart supermarkets and 4,000 VinMart+ convenience stores by 2020.

It purchased the stock as part of a placement by KKR, which offloaded its entire holding in a US$209 million deal.