VinFast divests EV manufacturing operations for asset-light strategy

VinFast divests EV manufacturing operations for asset-light strategy

VinFast Auto Ltd., Vietnam’s leading electric vehicle manufacturer, has announced a significant corporate restructuring that involves divesting its domestic car manufacturing operations to focus on brand management and design.
SoBanHang wraps up pre-Series A funding round

SoBanHang wraps up pre-Series A funding round

Finan, parent of SoBanHang, on May 12 announced that it raises pre-Series A with participation from OSK-SBI Venture Partners and other strategic investors.
Kredivo Group takes over digital banking platform Timo

Kredivo Group takes over digital banking platform Timo

On May 5, digital financial services platform Kredivo Group announced the acquisition of Timo Digital Bank, a Vietnamese platform developed by BV Bank.
Ascentium Vietnam formed after Dezan Shira acquisition

Ascentium Vietnam formed after Dezan Shira acquisition

Dezan Shira & Associates has been acquired by Ascentium, which is now merging its Vietnam operations with InCorp Vietnam under one brand.
Dawn Medical acquires Vietnam's Pinnacle Health Equipment

Dawn Medical acquires Vietnam's Pinnacle Health Equipment

CBC Group's Dawn Medical Technologies has bought a majority stake in Vietnam's Pinnacle Health Equipment.
AG&P LNG to increase Cai Mep LNG Terminal stake to 100 per cent

AG&P LNG to increase Cai Mep LNG Terminal stake to 100 per cent

Leading LNG terminals and downstream infrastructure company, AG&P LNG, a subsidiary of Nebula Energy, on April 21 announced that it has agreed to acquire 100 per cent stake in the Cai Mep LNG Terminal located in Vung Tau area in South Vietnam.
Vietnam's consumer finance sector sees renewed merger momentum

Vietnam's consumer finance sector sees renewed merger momentum

Strategic stake increases and ownership transfers are driving renewed merger activity in Vietnam's consumer finance market.
TechCoop subsidiary secures $11.75 million financing from Symbiotics

TechCoop subsidiary secures $11.75 million financing from Symbiotics

Farmnet on April 14 announced disbursement of an $11.75 million senior secured loan from Symbiotics, the Geneva-based impact investment firm.
Gia Lai tightens control of wind power project transfers

Gia Lai tightens control of wind power project transfers

Gia Lai People’s Committee has approved two large-scale wind power projects while imposing strict restrictions on project transfers to curb speculative activity in the renewable energy sector.
Foreign investors target core assets in Vietnam’s evolving M&A landscape

Foreign investors target core assets in Vietnam’s evolving M&A landscape

Vietnam’s mergers and acquisitions landscape is entering a more sophisticated phase, with foreign investors increasingly targeting core business segments.
Gemadept and CJ Logistics optimise strategic partnership for development

Gemadept and CJ Logistics optimise strategic partnership for development

On March 30, Gemadept and CJ Logistics agreed to implement a strategic optimisation of logistics and shipping operations to leverage the competitive advantages of both companies.
Searefico completes full divestment in Arico to Japanese partner

Searefico completes full divestment in Arico to Japanese partner

On March 26, the Board of Directors of Searefico Corporation approved the resolution to divest its remaining 48.616 per cent stake in Asia Refrigeration Industry JSC (Arico) to its strategic partner, Hoshizaki.
Thai bank terminates M&A deal with Home Credit

Thai bank terminates M&A deal with Home Credit

The Siam Commercial Bank Public Co., Ltd. (SCB) has terminated the transaction relating to investment in Home Credit Vietnam Finance.
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