January 14, 2012
A disassembled Olympus camera and its parts are seen in this illustrative photograph taken in Tokyo November 24, 2011. Private equity firm TPG Capital is willing to invest about $1 billion in Japan’s Olympus Corp in a joint deal with Sony Corp or another suitor circling the scandal-hit firm, a person familiar with TPG’s thinking [...]
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December 19, 2011
Vietnam needs to implement the restructure of both small and large banks in a drastic manner, an economist says. The central bank has approved the merger of three small banks – Ficombank, Saigon Commercial Bank, and Vietnam Tin Nghia Bank – that are mired in liquidity problems. The restructure of banks will continue for the [...]
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December 9, 2011
There are many factors responsible for this, but the key reasons are: poor infrastructure, poor tourism promotion; and weak cooperation between travel agents and service providers. These combine to make tour prices in Vietnam less competitive than those in other countries, Nguyen Cong Hoan, vice director of travel agent Hanoi Redtour, told Thanh Nien [...]
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July 3, 2011
Citigroup has become one of the first foreign financial institutions to invest in a Vietnamese securities firm. Citigroup announced Friday that it has acquired a 9.9 percent stake in Vietnam’s Horizon Securities Corporation, becoming one of the first foreign financial institutions to invest in a local securities firm. The investment, subject to regulatory approval, will [...]
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June 19, 2011
No need to curb investments abroad by Vietnamese firms A tuk-tuk rides past a large advertising poster featuring investment fields by Vietnam’s group Hoang Anh Gia Lai in the Laos capital Vientiane. Laos and Cambodia are two markets that are easy for Vietnamese firms to invest in, an expert says. As of February, Vietnamese [...]
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February 1, 2010
Overall merger and acquisition values and volumes appear to have returned to a growth path in 2009’s fourth quarter giving grounds for optimism for 2010, writes an advisory partner at PricewaterhouseCoopers Vietnam. Major Vietnamese conglomerates are growingly removing smaller rivals through M&A deals.LookAtVietnam – A slow start, but a strong finish to the year. Overall [...]
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January 9, 2010
State-owned Electricity of Vietnam said it would invest a record VND58.5 trillion (US$3.16 billion) in power generation and transmission facilities this year, up 18 percent from last year. The power monopoly, also known as EVN, plans to use parts of the funds to start several new power plant projects, including ones in Lai Chau, Mong [...]
Tags: Electricity, invest, power, projects, This year, Vietnam
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December 3, 2009
Bui Dang Dung, a member of the NA Committee for Finance and Budget, spoke to Investment newspaper about why the NA had declined to vote on draft VAT . . . The main reason was because the Finance Ministry wants to reduce value added tax and corporate income tax for firms that invest in building [...]
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December 1, 2009
All provinces and sectors need to fulfil their State budget collection and spending tasks and should join efforts with the Ministry of Finance to strive for a 5-10% increase . . . A trading session at the Ha Noi Stock Exchange (HNX). The stock market is expected to develop into a long-term capital raising channel [...]
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November 30, 2009
Lao Dong was at a conference where various experts argued about where Vietnam’s groggy investors ought to put their money, if they still have any. Stocks, gold, real estate or dollars – what’s best for Vietnam’s investors?All investments are risky The gyrations of the world gold market recently have helped many Vietnamese earn a fortune, but [...]
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TPG willing to invest $1 billion in Olympus
A disassembled Olympus camera and its parts are seen in this illustrative photograph taken in Tokyo November 24, 2011. Private equity firm TPG Capital is willing to invest about $1 billion in Japan’s Olympus Corp in a joint deal with Sony Corp or another suitor circling the scandal-hit firm, a person familiar with TPG’s thinking [...]
Tags: alliance, Alliance With Olympus, An Alliance With, An Alliance With Olympus, And Panasonic Are, billion, Business, Camera, Canon, capital, Chief, Chief Executive, comment, company, Declined, Digital Camera, electronics, Endoscope, Endoscope Technology, equity, Equity Firm, exchange, executive, Fujifilm, healthcare, Including, interested, invest, investment, Its Stock, Japan, Ldquo, management, medical, Medical Equipment, Olympus, optical, Optical Technology, Panasonic, partner, parts, percent, Person, Private, Private Equity, Private Equity Firm, Rdquo, remains, Reuters, Said Tpg, Samsung, Samsung Electronics, scandal, Sony Canon, stock, strategic, Taking Over, technology, The company, The exchange, The firm, The Matter, The Person, The Person Said, The Scandal, The Strategic, To Work With, Told Reuters, willing
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