Friday, March 22, 2019 - 7:17:01

acquisition

Foreign investment in banking sector to surge

Business

Foreign investment in banking sector to surge

The improved business performance of Vietnamese banks and a Government regulation to require local banks to meet stricter capital regulations as part of Basel II standards is spelling the start of a wave of foreign investment into the country’s finance and banking sector in 2019, experts said.

Thai firm to acquire Agribank subsidiary

Business

Thai firm to acquire Agribank subsidiary

Thai financial firm Srisawad Corporation is looking to acquire the Finance Leasing Company I (ALC I) of the Vietnam Bank for Agriculture and Rural Development (Agribank) at an estimated cost of 523 billion VND (22.45 million USD).

Grab’s acquisition of Uber scrutinised

Business

Grab’s acquisition of Uber scrutinised

The Ministry of Industry and Trade (MoIT) has set up a council to scrutinise alleged violations of competition regulations in ride-hailing services firm Grab’s acquisition of Uber’s business in Vietnam.

M&A dispute arbitration key: experts

Business

M&A dispute arbitration key: experts

Vietnamese and foreign firms are increasingly resorting to arbitration for settling disputes related to mergers and acquisitions, experts told a conference in Ho Chi Minh City on December 20.