Singapore's GIC sets sights on Vietnam, India, and Indonesia
By Tri Lam
August 01, 2023 | 11:12
Singapore's sovereign wealth fund, GIC, is shifting its investment strategy to focus more on emerging markets like India, Indonesia, and Vietnam.
Gamuda Land acquires $315 million project in Ho Chi Minh City
By Bich Ngoc
July 26, 2023 | 08:01
Gamuda Land, a property arm of Malaysian Gamuda Bhd, is continuing to expand its portfolio in Vietnam by acquiring a third project in Ho Chi Minh City after two acquisitions done last year.
Billionaire Hong Kong family acquires Hoiana Resort
By Thanh Van
July 25, 2023 | 10:12
Hong Kong’s billionaire Cheng family has taken control of Hoiana Resort & Golf in the central province of Quang Nam.
Vietnam’s fintech GIMO secures $17.1 million in Series A funding
By Luu Huong
July 24, 2023 | 12:12
GIMO, a prominent Vietnam-based fintech specialising in providing flexible pay and financial wellbeing solutions for under-banked workers, has just announced the successful completion of its Series A funding round, securing a substantial capital raise of
Vietnamese edtech startup Vuihoc secures $6 million in funding round led by TNB Aura
By Tri Lam
July 14, 2023 | 11:59
The Vietnamese edtech startup, Vuihoc, has successfully raised $6 million in its latest funding round, with TNB Aura taking the lead.
Dentons LuatViet advises on groundbreaking deal in healthcare sector
By Vy Nguyen
July 12, 2023 | 19:11
Dentons LuatViet has provided expert counsel for Singapore-based Thomson Medical Group in its acquisition of Far East Medical Vietnam Ltd.
Thomson Medical Group’s Kiat Lim leads acquisition of FV Hospital
By Thanh Van
July 12, 2023 | 14:03
Thomson Medical Group Ltd. (TMG) announced on July 12 that it has agreed to acquire Vietnam’s FV Hospital for up to $381.4 million.
Keppel Corporation acquires stake in a retail property in Hanoi
By Bich Ngoc
July 10, 2023 | 15:01
Singaporean Keppel Corporation on July 6 announced that Keppel Land Ltd., through its wholly-owned subsidiary, VN Prime Vietnam Co., Ltd., is acquiring a 65 per cent stake in a company ProjectCo, which will hold a retail property in Hanoi.
SHB courts foreign stakeholders with $2.2 billion valuation
By Nhat Minh
July 10, 2023 | 14:51
SHB is engaged in discussions to offload up to a fifth of its equity to overseas investors, according to sources familiar with the matter.
Norwegian fund expected to lead SeABank private share offering
By Tri Lam
July 06, 2023 | 14:49
SeABank plans to issue up to 94.6 million shares, with the Norwegian Investment Fund, Norfund, being the expected primary investor.
Virtual insurer OneDegree raises $27 million for Asian expansion
By Nhat Minh
July 04, 2023 | 12:09
Hong Kong-based virtual insurer OneDegree has secured $27 million in funding to fuel its expansion in Asia, with Vietnam identified as an important market.
Coca-Cola Vietnam's parent firm Swire Pacific sells US subsidiary in strategic shift
By Tri Lam
July 03, 2023 | 10:20
Swire Pacific, the diversified conglomerate and the parent firm of Coca-Cola Vietnam, has recently become the second company in Hong Kong to undertake asset sales.
Gelex explores divestment in energy projects
By Lam Tien
July 03, 2023 | 09:56
Vietnamese conglomerate Gelex Corporation is in negotiations to divest its stakes in power projects to foreign inevstors.
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