Vietnam
Asia funds create alliance to help funnel billions into Vietnam
SEVERAL regional private equity firms have banded together to establish a Vietnamese alliance, aiming to facilitate US$35 billion of investment into the South-east Asian country over the next decade.The...
Food Empire to invest US$80 million in new coffee manufacturing facility in Vietnam
The move is part of the group’s diversification strategy to grow its ingredients businessFOOD and beverage company Food Empire is investing US$80 million in a new freeze-dried soluble coffee...
UOB Vietnam seeks faster client growth from Greater China
[HO CHI MINH CITY] UOB Vietnam is expecting accelerated growth from Greater China clients and increasing interest from US businesses, as Vietnam emerges as a key beneficiary of the...
GoTo exits tough Vietnam market to focus on reaching profit
RIDE-HAILING provider GoTo Group is exiting Vietnam, abandoning a country where it’s been struggling to focus on reaching profitability in its main operations in Indonesia and Singapore.
The company’s Gojek...
Equinor halts Vietnam offshore wind plans, to close Hanoi office
NORWAY’S state-controlled energy giant Equinor has cancelled plans to invest in Vietnam’s offshore wind sector, a company spokesperson told Reuters, in a setback for the South-east Asian country’s green...
FPT consortium commences work on US$173 million AI centre in southern Vietnam
VIETNAM’S top tech firm FPT and its subsidiaries kicked off construction on a US$174 million artificial intelligence (AI) project in south-central Binh Dinh province, its latest push to tap...
Thomson Medical, OUE Healthcare subsidiaries partner on surgery centre in Vietnam
FV HOSPITAL and O2 Healthcare have partnered to establish a surgical centre in Vietnam, which began operations on Thursday (Aug 15).FV Hospital is the first 100 per cent foreign-invested...
UOB changes: Susan Hwee to take over head of group retail, Eddie Khoo to be senior adviser to UOB Vietnam
SUSAN Hwee, UOB’s head of group technology and operations (GTO), will be succeeding Eddie Khoo as head of group retail at the bank, as Khoo retires from the role...
