September 16, 2011
Ho Chi Minh City Securities Corp., Vietnam’s second-biggest brokerage by market share, expects its advisory business to grow as much as two-thirds as overseas and local companies tap into the nation’s rising consumer spending. The securities firm, also known as HSC, typically has 30 to 35 advisory deals ongoing per year, Chief Executive Officer [...]
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September 10, 2011
Vinacafe Bien Hoa Joint-Stock Co., a unit of Vietnam’s second-biggest coffee exporter, said it received a VND1.07 trillion (US$51 million) takeover bid from Masan Group Corp. as it targets increased consumer spending. Masan Consumer Corp., a subsidiary of Masan Group and partly owned by KKR & Co., plans to buy 13.32 million Vinacafe shares [...]
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September 8, 2009
Vietnamâs Lam Dong province, the countryâs second-biggest coffee grower, plans to almost double the land devoted to arabica by 2015 to boost farmersâ incomes. Arabica cultivation in the central highlands province will be expanded to 20,000 hectares, from more than 10,000 hectares, Pham S, deputy head of the provincial agricultural department, said in an interview [...]
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August 14, 2009
A teller count US dollar note at a bank in Ho Chi Minh City The State Bank of Vietnam says the supply of US dollars is increasing because exporters are selling the currency and foreign investment is rising, easing concern that the dong will weaken. Measures âto improve and reinforce the stateâs management of foreign-exchange [...]
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