Mekong Capital invests in Nam Long Company

Thursday, April 25, 2024 - 7:58:38

The Mekong Capital’s Vietnam Azalea Fund Limited (VAF) has acquired minority stakes of the Nam Long Investment Joint Stock Company worth about 9.1 million USD.

Nguyen Xuan Quang, chairman of the Nam Long Company said he believed that the combined strength between Mekong Capital and other foreign and domestic shareholders of Nam Long including ASPL and Nam Viet Ltd will help Nam Long achieve greater success in the future.

Nam Long is a real estate developer, operating in Ho Chi Minh City and southern provinces. It now owns 550 hectares of land in Ho Chi Minh City , the central city of Da Nang , the Mekong delta city of Can Tho and the Mekong delta province of Long An./.

You should also see

InfographicVietnam tops Asia-Pacific in workplace wellness

Workplace well-being is on an "upward trajectory" throughout Asia-Pacific, with Vietnam leading the region (65.09), according to a recent study by Asia's largest mental health care company Intellect.

Sci-Tech

Semiconductor workforce development a breakthrough: PM

Politics

Japanese Ambassador bids farewell to Acting President

Sci-Tech

PM requires full legal corridor to promote national digital transformation

See more

Business

Vietnam seeks to remove obstacles in upgrade of securities market

The State Securities Commission of Vietnam (SSC) recently held an online working session with the World Bank (WB) and the Asia Securities Industry and Financial Markets Association (ASIFMA) to discuss ways to remove obstacles related to criteria for upgrading the Vietnamese securities market.