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  • Vietnam's Nutifood takes aim at US market with baby formula

    HO CHI MINH CITY -- Nutifood, Vietnam's leading private diary company, on Thursday signed a contract with an American distributor to sell its Pedia Plus infant formula line in the U.S., in an effort to tap one of the world's most challenging markets

    January 20, 2018 01:33 am JST
  • CEO in the news: Thailand's M&A king lives up to his reputation with Saigon Beer deal

    holdings in Vietnam Dairy Products (Vinamilk), the leading dairy company in Vietnam, F&N raised its 11% stake to nearly 20%. Outside of Asia, the group owns whisky distilleries in Scotland of such well-known brands as Old Pulteney. Charoen is also involved

    January 11, 2018 10:00 am JST
  • Tencent, Alibaba rule among Asian companies

    SHANGHAI -- At the end of 2017, the most valuable companies in Asia were, unsurprisingly, Tencent Holdings and Alibaba Group Holding. Reflecting growth in China's internet economy, both companies' market value more than doubled, and were substantial

    January 9, 2018 09:22 pm JST
  • Sink-or-swim time for ASEAN latecomers as tariffs come down

    HANOI -- Cambodia, Laos, Myanmar and Vietnam are no longer getting the kid-gloves treatment in the ASEAN Economic Community.As late entrants to the Association of Southeast Asian Nations, the four countries were initially exempted from abolishing so

    January 1, 2018 09:01 am JST
  • Thailand's M&A king lives up to his reputation with $4.8 bn Saigon Beer deal

    population of 90 million. TCC acquired the Vietnamese subsidiary of Metro, a German cash-and-carry chain in 2015. Last year, when the government divested holdings in Vietnam Dairy Products (Vinamilk), the leading dairy company in Vietnam, F&N raised its 11

    December 26, 2017 11:45 am JST
  • ThaiBev is taking over Vietnam's largest beer maker

    BANGKOK A Thai Beverage affiliate won the right to buy a roughly 54% stake in Vietnam's Saigon Beer Alcohol Beverage Corp. in what is to be the Vietnamese government's biggest divestment of a state-owned enterprise.The ThaiBev unit, Vietnam Beverage

    December 21, 2017 10:00 am JST
  • ThaiBev unit sole bidder for over 25% of Vietnam brewer Sabeco

    HO CHI MINH CITY -- Vietnam Beverage, a local unit of Thai Beverage, was the only company to register a bid for over 25% of Saigon Beer Alcohol Beverage Corp., or Sabeco, as of 6 pm local time Monday, Vietnam's Ministry of Industry and Trade said. V

    December 12, 2017 12:19 pm JST
  • The market kicks in as the driving force in Vietnam's economy

    "support [Vietnam Airlines'] expansion and growth," Minh said. Nguyen Quoc Khanh, executive director of research and development at Vietnam Dairy Products (Vinamilk), said the company will "improve itself in every field" to attract investors. Vinamilk

    November 23, 2017 10:00 am JST
  • Singapore's Jardine C&C keen to lift Vinamilk stake

    SINGAPORE (Nikkei Markets) -- Having spent more than $1 billion within a week to acquire 8.9% of Vietnam Dairy Products, or Vinamilk, Singapore-listed Jardine Cycle & Carriage says it is prepared to raise its stake further should it have the opportu

    November 17, 2017 02:22 pm JST
  • Nikkei Asia300 Index gains as Tencent rises after earnings

    company, climbed 1.4% after it won contracts worth a combined value of approximately 1.47 billion ringgit ($351 million). Vietnam Dairy Products (Vinamilk) closed up 0.8% after Singapore-listed conglomerate Jardine Cycle & Carriage said it had bought

    November 16, 2017 08:28 pm JST
  • ASIA MARKETS: Nikkei Asia300 Index Gains As Tencent Rises After Earnings

    . Sapura Energy, Malaysia's biggest oil and gas services company, climbed 1.4% after it won contracts worth a combined value of approximately 1.47 billion ringgit ($351 million). Vietnam Dairy Products (Vinamilk) closed up 0.8% after Singapore

    November 16, 2017 08:23 pm JST
  • NAR Forum in Hanoi

    Market principles kicking in as Vietnam's 'new driving force'

    to Japanese cities, as well as work with ANA on code share arrangements and mileage programs. Nguyen Quoc Khanh, executive director of research and development at Vietnam Dairy Products (Vinamilk), said the company will "improve itself in every field

    November 15, 2017 10:01 pm JST
  • Jardine Cycle & Carriage acquires 5% of Vinamilk

    HO CHI MINH CITY -- Jardine Cycle and Carriage has acquired a 5.53% stake in Vietnam Dairy Products, or Vinamilk, making it the second largest foreign shareholder.The Singapore-based conglomerate said in a release on Monday that its wholly-owned sub

    November 13, 2017 08:48 pm JST
  • Malaysia shares fall as banks decline, Singapore stocks little changed

    KUALA LUMPUR (Nikkei Markets) -- Malaysia shares fell Monday, as losses in banking stocks eclipsed a rally in Petronas Dagangan.Singapore equities ended little changed, as pullback in heavyweight DBS Group Holdings offset gains in ComfortDelGro Corp

    November 13, 2017 08:32 pm JST
  • Nikkei Asia300 Index falls amid uncertainty over U.S. tax cuts

    on Friday it will open up its life insurance sector to allow foreign insurers to hold a 51% stake in 3 years and full ownership in 5 years. Vietnam Dairy Products (Vinamilk) rallied 6.2% after Singapore-listed conglomerate Jardine Cycle & Carriage said

    November 13, 2017 08:29 pm JST
  • ASIA MARKETS: Nikkei Asia300 Index Falls Amid Uncertainty Over U.S. Tax Cuts

    jumped 6% after China said on Friday it will open up its life insurance sector to allow foreign insurers to hold a 51% stake in 3 years and full ownership in 5 years. Vietnam Dairy Products (Vinamilk) rallied 6.2% after Singapore-listed conglomerate

    November 13, 2017 08:24 pm JST
  • Scandals at Petrovietnam highlight Vietnam's reform headaches

    HANOI Vietnam currently has the highest level of economic growth in the Association of Southeast Asian Nations, but efforts to reform state-owned enterprises -- a key to further expansion -- seem to be going nowhere.Moreover, scandals that have bese

    October 26, 2017 10:00 am JST
  • Petrovietnam scandals lay bare stalling state-sector reforms

    HANOI -- Vietnam has been enjoying the highest levels of economic growth in the Association of Southeast Asian Nations, but efforts to reform state-owned enterprises -- a key to further expansion -- seem to be going nowhere. Moreover, scandals that

    October 19, 2017 01:00 pm JST
  • Vietnam to hold second auction of Vinamilk shares next month

    HO CHI MINH CITY -- Vietnam's State Capital Investment Corporation, better known as SCIC, is planning to hold a public auction for a more than 3% stake in Vietnam Dairy Products (Vinamilk) on the Ho Chi Minh City stock exchange on Nov. 10*. SCIC

    October 18, 2017 12:38 pm JST
  • Vietnam revamps financial team to hasten state enterprise privatization

    selected to advise on the sale of a 3.33% stake in state-owned Vietnam Dairy Products (Vinamilk), the country's most valuable company, according to Vietnam's State Capital Investment Corporation (SCIC). This will be a repeat auction of Vinamilk shares

    October 4, 2017 08:16 am JST