In the recently announced M&A transaction, Mobile Online Services joint stock company (the parent company of MoMo) completely acquired 49% stake of CV securities company (CVS). CAPM Global Investment and Consultancy JSC (CAPM Global) acted as an exclusive sell-side advisor. Licensed in 2009, CVS was originally known as Hong Bang Securities joint stock company, and then was changed into Hung…
There would be huge investment capital inflows in Vietnam’s industrial property sector in the coming time if bottlenecks are solved to pave the way for multinational manufacturers, according to participants of the first session of the Industrial Property Forum 2022 co-organised by VIR and BW Industrial Development JSC. According to Pao Jirakulpattana, vice president at Warburg Pincus Singapore, China is…
The World Bank’s investment arm IFC has proposed a $39 million investment in BaF, a Vietnamese pork producer and feed mill operator. This proposed financing is part of IFC Agribusiness’ African Swine Fever (ASF) Regional Recovery Program, an IFC disclosure on Tuesday showed. The proposal is for a VND600 billion ($25.85 million) convertible bond issuance and a VND300 billion senior…
The Vietnamese economy picked up strongly early this year thanks to a strong vaccination drive, robust global demand for its manufacturing products, momentum in domestic consumption, and resilient foreign direct investment (FDI) flows. Sanjay Kalra, group head and lead economist of the ASEAN+3 Macroeconomic Research Office (AMRO) said, “The Vietnamese economy is expected to grow at 6.3 per cent this…
HÀ NỘI — The United Nations (UN) has affirmed its willingness to support Việt Nam in establishing a partnership on energy transition with the Group of Seven (G7) nations in a letter of UN Secretary-General Antonio Guterres to Vietnamese Prime Minister Phạm Minh Chính. Special Adviser to the UN Secretary General on Climate Action Selwin Hart handed over the letter to Ambassador…
HÀ NỘI — The Hà Nội People’s Council for the term 2021 – 2026 on Friday agreed to spend VNĐ23.5 trillion (over US$1 billion) from the city budget for the Ring Road No. 4 project. The council also discussed the allocation and adjustment of the project’s fund, which would be submitted to the National Assembly for consideration, said the chairman…
The T&T Group on September 21 signed several MoUs and contracts with US partners within the framework of President Nguyen Xuan Phuc’s working trip to the US. Hanoi (VNA) – The T&T Group on September 21 signed several MoUs and contracts with US partners within the framework of President Nguyen Xuan Phuc’s working trip to the US. The Vietnamese firm inked…
National Committee on e-Government renamed National Committee on Digital Transformation as Prime Minister takes up the reins. On September 24, Prime Minister Pham Minh Chinh signed Decision No. 1619/QD-TTg and renamed the National Committee on e-Government the National Committee on Digital Transformation. The Prime Minister will also be the Chairman of the Committee, with Vice Chairmen to include a Deputy…
The Securities and Exchange Commission said Friday it is stepping up its inquiry into so-called gamification and behavioral prompts used by online brokerages and investment advisors to prod people to trade more stocks and other securities. Wall Street’s top regulator said investors can be misled by rosy projections of profit by technologies that, in reality, understate the risk of a…
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