VIETNAM > Japan based Hinokiya and Vietnam based TWG are setting up a joint venture to develop real estate projects in Vietnam

hinokiya logo Following a cooperation agreement on June 22, Japan based Hinokiya and Vietnam based TWG are setting up a joint venture to develop real estate projects in Vietnam. TWG CEO Le Cao Minh commented that the first project will be in HCMC which will be a Japanese style housing covering an area of 9.7 hectares. Many foreign investors are interested in More …

VIETNAM > Singapore based Mandarin Oriental is set to open new hotel in Ho Chi Minh City, Vietnam

Mandarin Oriental logo Scheduled to open in 2020, Singapore based Mandarin Oriental is set to open a new hotel in Ho Chi Minh City, Vietnam. The property is to be named Mandarin Oriental, Saigon. This property will also form a part of Union Square Saigon which is essentially a commercial building and is under renovation currently. The mixed complex upper floors will serve More …

VIETNAM > Philippines based Metro Pacific Investment Corp. (MPIC) is set to acquire 45% in Vietnam’s Tuan Loc Water

metro pacific logo Philippines based conglomerate Metro Pacific Investments (MPIC) is all set to buy 45% stake in a water company in Vietnam. The deal comprises of acquiring 45% of the outstanding capital stock of BOO Phu Ninh Water Treatment Plan. BOO Phu Ninh Water Treatment Plan holds the license to distribute water in Chu Lai Open Economic Zone as well as round More …

SOUTH KOREA > China based Sungrow is expanding its presence in emerging APAC solar markets particularly in South Korea and Vietnam

sungrow logo The global leading inverter solution supplier, Sungrow, is expanding to South Korea and Vietnam. The company will have a brand presence at the Green Energy Expo Korea and the Solar Show in Vietnam in April. South Korea is expected to grow into a 37 GW market by 2030 for PV installation due to the “Renewable Energy 2030” Plan. Providing complete More …

VIETNAM > China based Huawei’s Honor is set to launch in Vietnam

Honor logo Founded in 2013, Honor is a smartphone for the young, innovative and the trendy which is set to launch in Vietnam and also rapidly into other new markets in South East Asia. The Vietnam launch will be with the release of the Honor 9 lite and Honor 7X smartphone. Honor provides flagship features and seamless performance at an irresistible price More …

VIETNAM > China’s largest retailer – JD.com has invested in Tiki – Vietnam’s leading B2C e-commerce platform

jd logo China based JD.com has signed the share subscription agreement as a co-lead investor in Series C financing in Vietnam based Tiki. The Series C round is subject to customary closing conditions and upon the completion of which, JD.com will be one of the largest shareholders of Tiki. Partnering with Tiki in merchandising, cross- border trade, logistics and fulfillment, technology, financing More …

VIETNAM > Thailand’s Siam Cement Setup JV With PetroVietnam to build a PetroChemical Complex

scg_logo Thailand based construction material conglomerate, Siam Cement Group (SCG), together with Vietnam Oil and Gas Group (PetroVietnam) will be investing 188 billion baht (US$ 5.6 billion) to build Vietnam’s first petrochemical complex. The plant will be located 100 kilometres (60 miles) from Ho Chi Minh City. Once ready for operation, the Long Son Petrochemicals project will develop a one-million-tonne ethylene More …

VIETNAM > Japan based ACA Investments Acquires 20% Stake in Vietnam’s Bibo Mart

bibomart ACA Investments – a subsidiary of Sumitomo Group – has acquired 20% stake in Bibo Mart – a children product retailer which was established in 2006. A fast growing retailer, Bibo Mart has 120 stores in Vietnam which it expects to increase to 180 by end of this year and to a target of 500 by 2019.  Bibo Mart’s approximate More …