HCM City (VNA) - Many Vietnamese businesses conducted successful mergers and acquisitions (M&As) in 2019 and 2020 but the market was still led by foreign investors, the Vietnam M&A Forum in HCM City on November 24 heard. Outstanding M&A deals since 2019 include those between KEB Hana Bank and BIDV, VinaCapital and the Thu Cuc Hospital, Masan Consumer and VinCommerce & VinEco, the Stark Corporation and Thipha Cables & Dovina, FWWD and VCLI, and Vinamilk and GTN. Most deals between June 2019 and October 2020 were in the real estate, finance and banking, industry, and retail sectors, with major M&As also seen in logistics, agriculture, pharmaceuticals and healthcare, and construction. M&As by Vietnamese enterprises accounted for one-third of the total value during the period. Foreign investors, however, especially those from Japan, the Republic of Korea, Thailand, and Singapore, still dominate the local M&A market. For example, 19 deals between … [Read more...] about Foreign investors still dominate Vietnam’s M&A market
HCM City (VNS/VNA) - Vietnam Rice Company Limited (Vinarice) of Vinaseed – a member of The PAN Group, has obtained the certificate of food safety management systems (FSSC 22000) for processing, packaging and distribution by Bureau Veritas – the UK's leading independent organisation for certification. … [Read more...] about VinaSeed’s rice products conquer international market
An accommodative monetary stance sustained the growth of local currency bond markets in emerging East Asia, including Vietnam, with currencies and equity markets gaining in early November, the Asian Development Bank (ADB) said in a press release on Wednesday, citing the latest quarterly issue of its Asia Bond Monitor report. … [Read more...] about Improving sentiment boosts emerging East Asian bond markets, including Vietnam, amid COVID-19
In 2017, a year after the completion of Phase 3 of the Hoa Phat Hai Duong steel and iron production complex, the steelmaker’s market share rose to 22.2 percent, becoming the largest supplier for the first time. … [Read more...] about Steelmaker Hoa Phat increases market share to 32 pct.
" In 2016, I posted our sugarcane straw on social media to celebrate the success of its commercialization after years of R&D efforts. An interested party from Canada immediately contacted me. He ordered two containers right away," said James Chen, founder and CEO of PFTA. Even if sugarcane straws are twice as expensive as plastic ones, orders from Canada continued to increase. Now this very first customer of PFTA has become its business partner in Canada and has established production lines in Edmonton. … [Read more...] about Taiwan’s Sugarcane Straws Explore US Market