GTNFoods

Local groups capitalise on M&A opportunities

May 06, 2021 | 11:00

Vietnam has witnessed a surging number of local groups acquiring assets from both domestic and foreign players, with the rise signalling a major change in the mergers and acquisitions game in the country.

GTNFoods buys 29.5 million Moc Chau Milk shares

August 11, 2020 | 12:06

GTNFoods, an arm of milk giant Vinamilk, will buy four-fifths of the shares Moc Chau Milk is putting on sale for strategic investors.

GTNFoods still in red after massively profitable first quarter

May 05, 2020 | 18:01

Despite a 2.3-fold rise in after-tax profit in the first quarter, GTNFoods (code: GTN) has still lost VND195 billion ($8.5 million) in accumulated profit.

Vinamilk lowering 2020 revenue expectations

April 03, 2020 | 09:55

The Board of Management at Vinamilk – the largest dairy firm in Vietnam – is readjusting its expectations for revenue growth for 2020.

VN stocks dragged down by real estate firms

February 17, 2020 | 15:01

Vietnamese shares declined on Monday morning, dragged by real estate companies.

Vinamilk completes acquisition of Moc Chau Milk

December 28, 2019 | 12:10

Vinamilk completed the purchase of 79.5 million shares in GTNFoods to increase its holdings to 75 per cent in Moc Chau Milk.

Vietnamese agriculture strengthened by M&A

August 06, 2019 | 14:00

With the country’s agricultural sector pursuing greater sustainable development, mergers and acquisitions are helping the sector create positive changes thanks in part to the support of high technology.

M&A gateway to firms’ growth and expansion

June 14, 2019 | 09:14

More Vietnamese companies are turning to mergers and acquisitions to beef up their domestic market presence and boost growth.

Tael Two Partners to sell 55 million shares in GTNfoods

May 08, 2019 | 15:41

Tael Two Partners will divest from GTNfoods JSC, potentially opening the doors to Vinamilk to increase its holdings .

Vinamilk eager for M&A with GTNfoods to expand market share

April 18, 2019 | 11:41

Vinamilk remains adamant about buying 51 per cent of GTNfoods to increase its holding in Moc Chau Milk as part of its M&A strategy to increase market share.