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ThaiBev to ramp up Vietnam operations

AFTER posting disappointing Q3 results on Tuesday, Thai Beverage (ThaiBev) said on Wednesday evening it continued to remain optimistic about its growth in the upcoming quarters. It cited plans to double down on the Vietnam beer market as well as pinning its hopes on the upcoming Thai elections, expected to happen early next year, giving […]

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High return draws private equity investments to Vietnam

Vietnam is emerging as one of the world’s hottest markets for private equity investments thanks to its high rate of return, driven by the country’s rapidly growing economy and the government’s fine-tuned policies. Mekong Capital has recently announced that its Mekong Enterprise Fund II (MEF II) has successfully divested 100 percent of its final remaining […]

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Vietnam: Investors race in opening convenient stores

The Hanoitimes – Foreign investors are racing to bring convenience stores to Vietnam’s nearly untapped market and battling to modernize the chains in a move to find a firm foothold in the potential outlet. Mushrooming stores Vietnam has continuously welcomed new players joining its retail market in the first half of this year. One of the […]

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Vietnam: Petrolimex proposes loosening foreign ownership cap to 49% to lure buyers

The Hanoitimes – Petrolimex, Vietnam`s largest petroleum distributor, has suggested postponing the further sale of its shares until the 2019 – 2020 period, citing unfavorable market conditions in 2018 as reason. Vietnam National Petroleum Group (Petrolimex) has proposed expanding the foreign ownership limit in itself to 49% from the current 20% to attract investors, especially foreigners, […]

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Moody’s upgrades ratings for Vietnam

(Viet Nam News/ANN): As Vietnam continues to move up the value chain and the contribution of the private sector to total value-added grows, Moody’s expects productivity growth to drive the economy’s growth potential. Moody’s Investors Service on Friday upgraded the Government of Vietnam’s long-term issuer and senior unsecured ratings to Ba3 from B1 and changed the […]

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