tycoons reaches for the sky

Tycoons reaches for the sky

Vietnam’s largest billet factory, in Dung Quat Economic Zone, has moved a step closer to becoming reality with its sole investor, Taiwan’s Tycoons Worldwide Group, recently submitting an application for an investment licence.

First FIE set to float on local bourse

The State Securities Commission (SSC) has given in-principle approval to Taiwanese-owned electrical wire and cable producer Taya Vietnam to trade shares on the local stock exchange.

Casino hotel rolls dice with public offer public

The Royal International Corporation is set to offer a unique opportunity for investors to buy into a casino hotel complex in Halong Bay following plans by the Taiwanese-backed company to launch an initial public offering (IPO) early next year.
taiwans banks send in scouts

Taiwan’s banks send in scouts

“Anywhere there are Taiwanese companies, there will be Taiwanese banks,” is a common Taiwanese expression amongst banking groups. It’s now true in Vietnam.

$480m play for sports goods sector

Taiwanese sportswear giant Pou Yuen Industrial is hoping to add almost half a billion dollars to its investment portfolio by developing what would be its third large-scale factory in Vietnam.

EVN gets cold feet over giant Formosa project

State-run Electricity of Vietnam is reconsidering its power purchasing contract with Hung Nghiep Formosa, saying the price set by the Taiwan-backed joint venture is “impossible”.
dai tu investors propose selling ip to local enterprise

Dai Tu investors propose selling IP to local enterprise

Taiwanese investors behind Hanoi’s 40-hectare Dai Tu industrial park, idle for the past four years, plan to sell the park to a local firm.In a letter to the Ministry of Planning and Investment (MPI), Dai Tu investors said they wished to transfer the park to a local state-owned construction firm.