10-09-2019 22:32
A consortium led by GIC, Singapore’s sovereign wealth fund, and Vingroup JSC (Vingroup) signed definitive agreements for an investment of $500 million (VND11.5 trillion) for a minority stake in VCM Services and Trading Development JSC (VCM), a subsidiary of Vingroup that engages primarily in consumer retail in Vietnam. Following the transaction, Vingroup will continue to be the controlling shareholder of VCM.
28-08-2019 11:58
The merger and acquisition (M&A) market since last summer has witnessed a surprising switch among top segments, with major activities in real estate overcoming consumer goods, leading to positive signs for the market for the next 12 months.
15-08-2019 13:00
At the threshold of a new era for mergers and acquisitions, Vietnam is requiring a further push from both policymakers and businesses to ensure continued success of the booming market.
14-06-2019 09:26
Following stronger bilateral ties between South Korea and Vietnam, major South Korean investors such as SK Group are rushing into Vietnam’s mergers and acquisitions market. Eun-Young Jung, CEO of HSBC Korea, and Pham Hong Hai, CEO of HSBC Vietnam, jointly discussed the growing trend.
06-06-2019 10:05
The Vietnamese Party, State, Government and localities always create favourable conditions and protect legitimate rights for foreign firms, including the Republic of Korea’s SK Group, to land technology investment in the country amid the Fourth Industrial Revolution, Prime Minister Nguyen Xuan Phuc said on June 5.
17-05-2019 08:00
Vingroup and South Korean corporation SK Group officially signed the strategic partnership agreement on May 16.
04-04-2019 14:56
South Korean investment into Vietnam via mergers and acquisitions is heading upwards, as the foreign investor aims to build a stronger presence in the country.
23-03-2019 12:35
South Korean conglomerate SK Group plans to acquire a $1 billion stake in Vingroup through the issuance of shares through private placement.
09-11-2018 09:39
Prime Minister Nguyen Xuan Phuc has expressed his wish that investors from the Republic of Korea (RoK) and the SK Group in particular would continue expanding their business operations in Vietnam.
05-11-2018 08:00
One of Vietnam’s largest private conglomerates, Masan Group, has reported outstanding nine-month performance, leveraging its premiumisation and beverage strategy to double and triple the fast-moving consumer goods growth rate in the forthcoming years.
02-10-2018 16:24
Masan Group Corporation (HSX: MSN) today announced the completion of SK Group’s (SK Group) purchase of 109,899,932 treasury shares at VND100,000 ($4.4) per share, a total consideration of approximately $470 million. SK Group is now the largest foreign shareholder of Masan Group.
24-09-2018 12:17
Masan Group and SK Group share many similarities in their respective businesses, which helps explain why they have recently become strategic partners.
19-09-2018 10:12
Masan and SK will join hands to pursue transformational business opportunities in Vietnam and to synergise existing business units.
18-07-2017 16:05
Global shipping giant A.P. Moller-Maersk Group and state-run Vietnam National Shipping Lines (Vinalines), the country's largest shipping company, have agreed to boost cooperation in the future as the joint venture port Cai Mep International Terminals Ltd. is posting strong growth.
03-05-2017 10:08
Amid the growing local demand for Scandinavian-style interior décor, Denmark’s JYSK Group, a well-known international retail chain, has once again expanded its local operations.