Beverage and snack giant PepsiCo announced plans Monday to acquire at-home carbonated drink maker SodaStream for $3.2 billion.
Hoang Anh Gia Lai Agriculture Jsc is set to invest in another 5,000 hectares of land in Cambodia to grow bananas for export to China.
Two new solar power plants are scheduled to be built in the central province of Ha Tinh, with total capacity of 58MWp.
One of Vietnam’s leading private groups, BIM Group, will partner with Philippines-based AC Energy, Ayala Corporation’s energy arm, to develop the BIM Solar power plant in Ninh Thuan province to turn it into the largest solar power plant in Southeast Asia.
Vietnamese plastic firms are unable to import scrap following a ban by the government and said costs are becoming unaffordable as a result.
Masan Resources Corporation (UPCoM: MSR), one of the world’s largest integrated industrial tungsten mineral and chemical producers, announced that Nui Phao Mining Company Ltd. (NPMC), a wholly-owned subsidiary of the company, has acquired H.C.Starck GmBH’s (HCS) 49 percent stake in Nui Phao-H.C.Starck Tungsten Chemicals Manufacturing LLC (NHTCM) for the total cash consideration of $29.1 million, and now owns 100 percent of this company.
According to the Department of Planning and Investment (DOPI) of Ninh Thuan province, up to now, this province has issued investment decisions for 27 solar projects with a capacity of 1,618.85 MW.
Mekong Capital fully exits Asia Chemicals at IRR of 15.1% Mekong Capital's investment team.
The southernmost province of Cà Mau is expected to build a solar power plant in order to boost its renewable energy sources.
The Asia Bakery and Confectionery Pte.Ent, known as ABC Bakery, has wrapped up export procedures for its first container of moon cakes (60,000 moon cakes) to be shipped to the US to be sold at supermarkets there.
Việt Nam’s position on the Logistics Performance Index (LPI) in 2018 has risen 25 places compared to two years ago, jumping to 39th among 160 surveyed countries. That is according to the latest report from the World Bank (WB).
Ho Chi Minh-based asset management VinaCapital has officially decided to conclude its investment in poultry firm Ba Huan JSC after the firm sought the Prime Minister’s intervention in terminating its six-month-old investment partnership.
National carrier Vietnam Airlines and Vietnam Dairy Products Joint Stock Company (Vinamilk) have announced a strategic co-operation programme on providing international standard milk products for global customers.
The country’s largest power group Việt Nam Electricity (EVN) has announced it will divest from five companies in August.
The strategic co-operation between Hoang Anh Gia Lai (HAGL) and Truong Hai Auto Corporation (Thaco) is expected to contribute to the development of the local agricultural sector as well as the two companies.