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 …

VIETNAM > US based KKR to invest $250Mn in Vietnam based Masan Group

Kohlberg_Kravis_Roberts_(logo).svg US based KKR to invest $250Mn in Vietnam based Masan Group. KKR’s investment is comprised of a $100 million purchase of secondary shares of Masan Group from PENM Partners and $150 million primary investment in Masan Nutri-Science for a 7.5% stake. This is KKR’s second investment in Masan; KKR previously invested $359 million in Masan Consumer.   About Masan Group More …

VIETNAM > South Korea based Kolon Industries expands to Vietnam with $1 billion investment plans

kolon industries logo South Korea based Kolon Industries expands to Vietnam with $1 billion investment plans. The investment plans are divided in three phases. According to Kolon Industries, the first phase of $220 million investment in 2017/18 will create manufacturing base in Binh Duong, Vietnam. The facility will produce KVT-1 industrial fabric for automobile tires. The $600 million second phase will last until More …

VIETNAM > South Korea’s Samsung Display to invest additional $2.5Bn in northern Vietnam

samsunglogo South Korea based Samsung Display is set to invest an additional $2.5 billion in Vietnam’s northern Bac Ninh province. This ambitious plan by Samsung is a five-year project starting from 2018. With this investment the total capital investment in Vietnam reaches to $6.5 billion by Samsung.   About Samsung Display Samsung Display develops and offers display products, technology, solutions to More …

VIETNAM > South Korean retailer E-mart to invest $200m for retail chain in Vietnam

emart South Korea’s E-mart (a discount chain) is expanding its investment in Vietnam’s retail industry. E-mart has committed to invest another US$ 200 Million in Vietnam in the next 4 years based on the MOU signed between E-mart and Ho Chi Minh City. The investment is primarily to be used for building new supermarkets and commercial facilities in the city while social More …