Archive for the 'Vietnam' Category
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 […]
Malaysian Firm To Build Stations On Gas Pipeline
0 CommentsPetroVietnam and the Malaysian company, Nacap Asia Pacific Sdn Bhd, inked an equipment procurement and construction (EPC)
Nacap Asia Pacific would design, purchase, build and operate on a trial basis three gas distribution stations in Phu My, Nhon Trach and Hiep Phuoc districts.
The pipeline would carry gas from the Cuu Long and Nam Con Son basins […]
Pharmaceuticals Distribution In Chaos?
0 CommentsIf you a pharmaceutical related company that wish to invest in Vietnam, do take note of what have been reported in Viet Nam News ( 27/09/06):
“ The distribution of pharmaceuticals in Viet Nam is overly complex and has too many wholesalers acting as middlemen, Medicines were sold through a myriad of agents and around 18,000 […]
