merger

VinFast revs up for $23 billion SPAC merger and US stock market entry

May 13, 2023 | 11:21

VinFast Auto Pte. Ltd. and Black Spade Acquisition Co. announced a momentous business merger agreement on May 12.

Possible merger raises concerns

September 16, 2020 | 10:00

Initiated in early 2020 in the burgeoning ride-hailing market across Southeast Asia, the two giants Grab and Gojek have accelerated merger talks over the past few months as SoftBank and other investors have been showing their determination to back up the deal.

Volvo Cars and Chinese owner Geely plan to merge

February 11, 2020 | 09:23

Sweden's Volvo Cars and its Chinese owner Geely said on Monday (Feb 10) they are considering merging into a single group to better share technology and financial resources while preserving their separate brands.

Renault and Fiat Chrysler stuck over merger terms: Report

May 31, 2019 | 09:36

Talks between Fiat Chrysler and Renault have hit a roadblock over the financial terms of the proposed merger between the Italian-US and French carmakers, the French business daily Les Echos reported online on Thursday (May 30), citing sources close to Fiat Chrysler.

Petrolimex issues plan for PG Bank-HDBank merger

April 22, 2018 | 10:00

Vietnam National Petroleum Group (Petrolimex) has built specific plans for the HDBank-PG Bank merger to submit to the Ministry of Industry and Trade (MoIT).

Uber sells Southeast Asia ops to Grab

March 26, 2018 | 14:31

Uber Technologies Inc. has agreed to sell its Southeast Asian ride-hailing business to Grab, exchanging it for a 27.5 per cent stake in the firm.

Western Bank to merge with PetroVietnam Finance

March 14, 2013 | 16:26

The merger between Western Bank and PetroVietnam Finance (PVF) is moving ahead after Western Bank released the merging scheme prior to its shareholder meeting this Saturday.

Teco merger rumours slapped down

March 04, 2013 | 15:20

Suggestions of a possible merger between MobiFone and Gtel Mobile have been characterised as unfounded rumours by the companies’ leadership.

Bank merger raises concerns

January 08, 2013 | 11:30

Some business observers have expressed doubts about the efficacy of the merger between PetroVietnam Finance and Western Bank, the first merger ever between a finance company and a bank in Vietnam.

Banking merger paying dividends

December 15, 2012 | 11:59

The merger of struggling Habubank into the Saigon-Hanoi Commercial (SHB), one of the first such transactions in the ongoing restructuring of Vietnam’s banking sector under guidance by the State Bank (SBV), appears to be making progress against bad debt.

Habubank announces plan to merge with SHB

April 26, 2012 | 14:28

Hanoi Building Commercial Joint Stock Bank, or Habubank, yesterday announced its draft plan to merge with the Saigon – Hanoi Bank Commercial Joint Stock Bank (SHB), three days ahead of its annual shareholder meeting.

VNPT continues push for merger of MobiFone and VinaPhone

April 20, 2012 | 16:25

The Vietnam Posts and Communications Group (VNPT) has proposed that Government not privatise MobiFone, but merge it with VinaPhone to set up a new firm called VNPT-Mobile.

Jury out on telco merger deal

March 29, 2012 | 13:35

Competition Law question marks hang over VNPT’s VinaPhone and MobiFone merger plan.

Banks merge as State Bank takes bold action

December 12, 2011 | 11:01

The restructuring of Vietnam’s banking system is hotting up with three private domestic banks about to merge.

Acting for the greater good of banking

December 07, 2011 | 17:55

State Bank governor Nguyen Van Binh has just aired a plan to merge three Ho Chi Minh City-based banks Ficombank, Tin Nghia Bank and Saigon Commercial Joint Stock Bank (SCB) on a voluntary basis. National Assembly’s Economic Committee deputy chairman Nguyen Duc Kien shares his views with VIR.