11-07-2005 18:33
South Korea’s Kumho Construction & Engineering Inc. will go it alone in the long-stalled Asiana Plaza office building complex project in Ho Chi Minh City, pending approval of a proposal by local partner Saigontourist.
11-07-2005 18:14
London will do all it can to back Vietnam’s bid to develop its financial market and entice more European businesses to the country, said the lord mayor of the city, Alderman Michael Savory.
20-06-2005 18:02
The UK’s Standard Chartered Bank (SCB) has outbid its foreign rivals to acquire an 8.56 per cent stake in Vietnam’s second-largest joint-stock commercial bank, Asia Commercial Bank (ACB).
06-06-2005 18:14
British life insurer Prudential Vietnam has inked a deal to buy a 6 per cent stake in the Kinh Do Corporation, Vietnam’s leading confectionery maker.
04-05-2005 18:14
In an attempt to feed the hungry Vietnamese stock market, the Ministry of Finance (MoF) last week submitted a list of around 300 equitised enterprises for government approval to put them on the local bourse.
11-04-2005 18:14
Vietnam’s largest confectionery maker is considering a plan that would allow foreign investors to buy shares as the company sets out to boost capital.
28-03-2005 18:15
ANZ Banking Group beat rival bidders to acquire a 10 per cent stake of Vietnam’s largest joint stock commercial bank, Saigon Thuong Tin Bank (Sacombank).
21-03-2005 18:15
Many foreign investment funds have promised to pump hundreds of millions of dollars into Vietnamese businesses, offering fresh hope for domestic companies in dire need of new capital sources. As Nguyen Hong discovers, the funds offer more than just money.
07-03-2005 18:15
The Vietnam Opportunity Fund (VOF) now owns a 10 per cent stake in Vietnam’s leading confectionery maker Kinh Do, a source from VOF’s management arm VinaCapital said last week.
07-03-2005 18:02
European Union banks operating in Vietnam are now permitted to accept Vietnamese dong deposits at the same level as their American counterparts, according to a new decision issued by the State Bank of Vietnam last week.
21-02-2005 18:15
Investors rushed to snap up 1.827 million Vinamilk shares put up for sale last week, with foreign firms emerging as the clear winners of the auction held in Ho Chi Minh City.
21-02-2005 17:41
A South Korean firm is set to become the first foreign firm to invest in the infrastructure sector under the turn-key method.
04-02-2005 18:02
South Korean cinema giant Image to Imagination (ITOI) are hoping to team up with Dat Sang Media Ltd on a joint venture project to establish a film school in Vietnam.
18-01-2005 18:15
Foreign banks and financial institutions have expressed interest in buying into Vietnam’s second-largest joint stock commercial bank, Asia Commercial Bank (ACB), according to a senior ACB executive.
04-01-2005 18:15
Last year saw a dramatic rise in the development of Vietnam’s card market, with local and foreign banks leading the charge. The automated teller machines (ATMs) network is growing and more retailers are catching on by accepting card payments. But when will plastic money really take off in Vietnam?