Category News
Bain Capital Plans to Infuse an Additional $50 Million into Masan
On December 6, Masan Group Corporation made an announcement regarding an increased equity investment from Bain Capital into Masan Group, raising the amount from the previously stated $200 million to $250 million. The terms of the transaction remain consistent with…
Ongoing Progress: Japanese Investors Expand Their Presence in Vietnam
Japanese investors are intensifying their presence in the Vietnamese market, capitalizing on the recent enhancement of bilateral ties between the two nations. Nitori Holdings Co., Ltd., Japan’s largest furniture retail chain, is set to inaugurate its inaugural Nitori store in…
The U.S. Semiconductor Industry Finds Vietnam Highly Attractive for Investments
John Neffeur, President of the U.S. Semiconductor Industry Association, informed Prime Minister Pham Minh Chinh that Vietnam stands out as the most alluring destination for American chipmakers. During a meeting with the Prime Minister, Neffeur was accompanied by leaders from…
Car Distributors in a Rush to Establish Showrooms in Vietnam
Numerous automobile brands and distributors are hastening the establishment of additional showrooms in the Vietnamese market, fueled by expectations of a robust rebound in consumption. This optimism stems from declining loan rates and increased tax incentives as the year approaches…
Vietnam’s Infrastructure Prepared for the Semiconductor Industry
A forum discussing Vietnam’s infrastructure readiness for the semiconductor industry took place in Hanoi on December 7, jointly organized by the Ministry of Planning and Investment (MPI), the National Innovation Centre (NIC), and the US Semiconductor Industry Association (SIA). Minister…
Thai Billionaire’s Company Gains $383 Million from Sabeco Dividends in a Span of 6 Years
Since acquiring brewer Sabeco in 2017, the company of Thai billionaire Charoen Sirivadhanabhakdi has received a total of VND9.3 trillion ($383 million) in cash dividends. Sabeco, the Saigon Beer brewer, plans to distribute VND1.92 trillion in cash dividends to its…
Ho Chi Minh City Sees a 20% Decline in Apartment Prices
The downturn in the secondary property market has led to a 10-20% average decline in apartment prices in Ho Chi Minh City. An example is Anh Tuan, who is selling a 78-square-meter apartment in the 4S Linh Trung building for…
Upcoming Visit of Cambodian Prime Minister Hun Manet to Vietnam
Cambodian Prime Minister Hun Manet is scheduled to undertake an official visit to Vietnam next week, following an invitation from Prime Minister Pham Minh Chinh. The visit is set to occur on December 11-12, as announced by the Ministry of…
Upcoming Visit of Chinese President Xi Jinping to Vietnam
Chinese Party General Secretary and President Xi Jinping, along with his spouse Peng Liyuan, is set to embark on a two-day state visit to Vietnam from December 12 to 13. The invitation for the visit was extended by Party General…