Viet Nam continued to enjoy robust economic growth, with a GDP growth rate of 7 per cent in the first three quarters of 2019, leading to the rapid adoption of digital services, the agency noted in a press release. … [Read more...] about Japan’s second largest advertising firm expands in Viet Nam
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The top M&A deals in this period included SK Group which, through its investment arm SK Southeast Asia Investment decided to invest $1 billion to acquire 6.1 per cent of Vietnam’s leading conglomerate Vingroup, while becoming the largest foreign shareholder of Masan Group in accordance with an agreement worth $470 million. In addition, Hanwha Asset Management also paid $400 million for 84 million preferential shares in Vingroup. … [Read more...] about Vivid M&A picture ahead due to legal fine-tuning
“The equitisation must be implemented in an open and transparent manner and in line with Party Central Committee’s resolutions. The preparation is very important and the first is the awareness so SOEs should take the initiative in restructuring in conformity with Land Law, thus helping to speed up the equitisation process, said Tien. … [Read more...] about Equitisation, divestment of SOEs fail to reach set target again
Chinese Vice Premier Liu He (left) and US President Donald Trump display the signed trade agreement between the US and China in the East Room of the White House in Washington, DC. (SAUL LOEB/AFP) "Today, we take a momentous step, one that's never taken before with China," that will ensure "fair and reciprocal trade," Trump said at the White House before signing the document. … [Read more...] about What’s in the new US-China ‘phase one’ trade deal?
The Government leader also requested the MoST and related offices to soon grant investment licences to NIDEC Group, which decided to pour US$400 million into the first phase of its two projects and plans to invest in three more projects with total registered capital of $1 billion in the next stage. … [Read more...] about PM says it’s time for work, not play