Archive for September, 2006
Vietnam’s Global Competition Ranking Falls
0 CommentsA few days ago, the World Economic Forum (WEF) have issued a report on Global competitiveness for year 2006
WEF has always been providing reports on the competitiveness of economies in the world for the past 27 years. For this year, it has collected opinions from 11,000 business leaders from 125 economies worldwide to make this […]
The first business forum between Vietnam and China has been held last Wednesday whereby an agreement on the development of small and medium sized- enterprises was signed between the Vietnam Planning and Investment Ministry and the State Development and Reform Commission of China.
What is interesting is that at the forum, Vietnamese Deputy Prime Minister Nguyen […]
Singapore-based Overseas-Chinese Banking Corp (OCBC) Acquired 10 percent of VPBank
0 CommentsThe State Bank of Vietnam Wednesday has approved Singapore-based OCBC to buy 10 percent stake for around $15.7 million in the Hanoi-based Vietnam Commercial Joint Stock Bank for Private Enterprises, or VPBank, after consideration of the foreign bank’s profile.
OCBC in future, intends to increase its share in VPBank to 20 percent to become the foreign […]
Singapore Brewer Takes-over Foster’s Vietnam assets
0 CommentsSingapore–based Asia Pacific Breweries Ltd (APB) started in Vietnam in 1991 by joining forces with Ho Chi Minh City-based Saigon Trading Corp. to set up Vietnam Brewery Limited (VBL).
APB has acquired Foster Group’s breweries in Vietnam for US$105 million under the August deal. The agreement has brought in an exclusive right for APB to manufacture […]
Vietnamese Companies Wanting to list stocks on foreign markets through ‘backdoor’
0 CommentsCavico Corporation, through backdoor listing, has become the first Vietnamese company listed on a US stock market.
Cavico merged with Agent 155 Media Group, a San Diego-based company. Since May 2006, under the stock code CVCP, Cavico has been the first Vietnamese company listed on the America Pink Sheets market.
The foreign listing has helped Cavico build […]
