The PAN Group to press on with Bibica and VFC acquisitions 16:26 | 04/05/2021
The PAN Group rush in acquiring Bibica and VFC
The PAN Group announced these goals on the occasion of publishing the group s financial statement for the first quarter this year. However, the company had yet to specify the timeline for this plan.
At present, The PAN Group holds 50 per cent in Bibica, with long-term designs to buy an additional 49.93 per cent. The group says that Bibica is an important piece in its 3F (farm â food â family) strategy to penetrate deeper into the food market.
Previously, in December 2020 Lotte Corporation began divesting its entire holding in Bibica. The Pan Group was planning on buying the entire stake, pushing its ownership to 100 per cent. However, while the divestment has taken place, for undisclosed reasons, The PAN Group s ambitions were not realised.Â
In $10 billion agricultural market, VN giants make big plans
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Time for a stock market overhaul 09:54 | 16/03/2021
The overload technical issues of the Ho Chi Minh City Stock Exchange have been a subject of controversy over the past few weeks, with the blame being attributed to poor management and incompetence of an age-old technology. But what will be the way out?
Vietnamâs stock exchange operations have barely been modernised over past decades. Photo: Le Toan
A flood of individual investors has led to outages and trading overload issues for the Ho Chi Minh City Stock Exchange (HSX), with service disruptions coming during a period of frenetic trading.
Appetite for a better trading infrastructure has been seriously hampered by repeated problems which have not been addressed over the years. These outages generate inevitable criticism among traders and call into question the stability of the functionâs capacity.
Big businesses pour money into agriculture, expect no profit in short term Chia sẻ | FaceBookTwitter Email Copy Link Copy link bài viết thành công
07/03/2021 09:40 GMT+7
Some billionaires have made big investment in agriculture with an ambitious plan to build a strong brand for Vietnam’s farm produce, but they do not expect to make a profit in the short term.
Soc Trang ST25 rice
Decade of investment
Vinaseed (NSC) of Nguyen Duy Hung and Vinmart of billionaire Nguyen Dang Quang have reached an agreement on the distribution of ST25, recognized as the world’s best rice variety in the world, within the Vinmart and Vinmart+ network nationwide.
VIETNAM NEWS HEADLINES MARCH 4 Chia sẻ | FaceBookTwitter Email Copy Link Copy link bài viết thành công
04/03/2021 08:24 GMT+7
HCM City: early start proposed for over VND4.8 trillion traffic project
Traffic congestion on Cong Hoa road
The Ho Chi Minh City management board for traffic works construction and investment has urged early completion of paperwork for construction on a road linking Tran Quoc Hoan and Cong Hoa roads to begin in December.
Costing more than 4.84 trillion VND (211.2 million USD), the project is slated to complete in July 2023, in conjunction with the completion of the Tan Son Nhat international airport’s Terminal 3
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