News

Under the plan, VietinBank will auction over 15 million Saigonbank shares or 4.91% of the latter`s charter capital at an undisclosed price, while the timing for auction has also not been given to the public.

International Finance Corporation (IFC) committed US$3.4 billion in fiscal year 2018 in East Asia and the Pacific, spurring the growth of a thriving private sector in the region.

South Korean`s third largest conglomerate will now hold 9.5% stake of Masan Group, which is valued at about US$5 billion.

With the starting price of VND10,000 (US$0.43) per share, the total value of the share amount in subject would be VND54.2 billion (US$2.33 million).

The latest investment brings the company`s valuation at US$20 million.

Oversupply concerns, slow increase in gasoline demand, and financial constraints seem to be factors behind the Vietnamese partner`s withdrawal.

After a long time making merger and acquisition (M&A) deals to set foothold in Vietnamese market, foreign retailers are ramping up their expansion plans to gain more market share here.

The cooperation with Aeon was supposed to boost efficiency in Fivimart`s corporate governance, promoting brand and expanding the network, but reality didn`t meet expectations.

With the offering price of VND61,000 (US$2.61) per share, PAN Group booked proceeds of VND820 billion (US$35.13 million) from the deal.

Once completed, the plant is expected to supply around 80 million kWh of electricity for the national power grid annually.

The registration period of purchasing the said amount share is scheduled from September 20 to September 30, 2018.

The project covers an area of 60 hectares in My Thanh Bac commune, Duc Hue district and is scheduled to be put into operation by June 2019.

After concluding the transaction, Macquarie Bank increases its shareholding at Yeah 1 from 1.55 million shares or 4.96% to 1.58 million shares or 5.06%.

Vietnam`s consumption of construction steel was expected to continue growing, and the market was attractive to investors.

With the starting price of VND15,000 (US$0.64) per share, Viettel Global would be valued at around VND33.65 trillion (US$1.45 billion).

With the completion of this divestment, all of the investments in Mekong Capital`s first three funds have been fully exited, making Mekong Capital one of the first private equity funds in Asia to have fully divested three funds.

The acquisition would make SK Group the largest foreign shareholder in Masan, which is now valued at about US$5 billion.

FPT sets the target of turning into the world-class DT service provider, stated Truong Gia Binh, FPT`s chairman.

Preferential policies in the renewable energy industry have helped Vietnam lure more foreign investors to enter the industry rapidly through mergers and acquisitions (M&As) with local peers.

The transport ministry has completed the feasible study of the project`s eastern section with length of 654 kilometers and investment capital of VND118.71 trillion (US$5.07 billion).