The abnormal feature that inspectors found was that the cooperatives with high profits of VND5-6 billion did not contribute capital, while cooperatives with modest profit of tens of millions of dong agreed to contribute hundreds of billions of dong. The abnormal feature that inspectors found was that the cooperatives with high profits of VND5-6 billion did not contribute capital, while cooperatives with modest profit of tens of millions of dong agreed to contribute hundreds of billions of dong. … [Read more...] about Why do private investors want to take over Saigon Co-op?
Retail stores closing 2017
Interest will be paid half-yearly at a rate of 10 per cent for the first year and reference rate plus 4 per cent from the second year. The reference rate refers to the average of 12-month deposit interest rates paid to individuals by Agribank, Vietcombank, VietinBank, and BIDV. … [Read more...] about Masan to issue bonds worth $345.4m to augment working capital, pay debts
However, investments made via Singapore are mainly sovereign wealth funds into sectors such as last-mile delivery, commercial real estate, financial services, and e-payments. “In the last two years, some notable deals with values exceeding $100 million are GIC’s stake acquisition in Vietcombank, VNPay, and VinMart, Temasek’s participation in Scommerce, and Stark Corporation’s stake in Thinh Phat Real Estate Cables JSC,” Hooi said. … [Read more...] about Southeast Asian M&As gathering momentum
Trump also told Japanese business leaders Washington wants to make the United States the most attractive place to hire, invest and grow. The U.S. leader, who met Japanese Prime Minister Shinzo Abe on Sunday for golf, lunch and dinner, will hold a more formal summit meeting with Abe on Monday. … [Read more...] about Trump seeks better economic ties with Tokyo, says ‘Japan has been winning’ on trade
Hanoi (VNA) – With a wide and diverse retail sector, Russia has been considered a promising market for agro-forestry-fishery products of Vietnam. Statistics showed that in 2019, Russia spent over 5 billion USD on importing fresh fruits, along with 1.3-1.5 billion USD on processed vegetable, fruits and nuts, more than 2 billion USD on meat, over 2.4 billion USD on fisheries products. Many Vietnamese products are Russians’ favourite, especially wooden furniture and farm produce. The market also has high demand for tropical vegetables and fruit. In the first two months of 2020, Vietnam earned 8.2 million USD from exporting vegetables and fruit to Russia, up 246.1 percent year on year, including 6.7 million USD of processed products, a rise of 293.5 percent over the same period last year. At the same time, Vietnam is Russia’s top supplier of coffee in 2019, with 154.3 million USD, making up 24.5 percent of the country’s total spending on the product. According … [Read more...] about Russia remains potential market for Vietnamese farm produce