VinaCapital splash out on Tam Tri Medical Group Business

VinaCapital splash out on Tam Tri Medical Group

The Vietnam Opportunity Fund (VOF), managed by VinaCapital Group, on August 31 announced its 25-million-USD investment in the Tam Tri Medical Group, which owns four private hospitals in Da Nang, Nha Trang city, Ho Chi Minh City and Dong Thap province.
Dragon Capital, VinaCapital buy FPT Retail stakes Business

Dragon Capital, VinaCapital buy FPT Retail stakes

Information and communication technology group FPT Corporation has sold six million shares or 30 percent of its stake in FPT Digital Retail JSC to funds managed by and associated with Dragon Capital and VinaCapital.

Foreign investors increasing stock accumulation

The Vietnam stock market returns to its position as an important capital mobilisation channel, when capital flows not only come from domestic investors, Vietnam Chamber of Commerce and Industry says on its website.

M&As in real estate getting heated in Vietnam

The real estate market has been largely stagnant. While many real estate companies are looking for ways to get out of the market, many large investors want to join in. The Vietnam Business Forum reports.

Investors aware of Vietnam's long-term potential

International investors of four funds under the management of the VinaCapital Group recognise Vietnam 's long-term potential but are concerned about the country's struggle to contain inflation.

VinaCapital chairman Terry Mahony said: "In the short term, Vietnam still faces challenges including high inflation and interest rates, which cause pressure to investment funds."

Diageo buys into local distiller

Diageo, the world's leading distiller, will pay 51.6 million USD to acquire a 23.6 percent stake in Hanoi Liquor Joint Stock Co (Halico) currently held by VinaCapital's Vietnam Opportunity Fund.

Profit-takers depress VN-Index

Heavy profit-taking helped weigh down shares on the HCM Stock Exchange on July 7, sending the VN-Index to a one-month low of 496.91 points – a decline of 0.78 percent from the previous day's close.