the latest Thai lender to expand in Southeast Asia. SCB X is buying the Vietnamese business from Czech investment group PPF, which is shifting away from markets in Asia where it had expanded its Home …
Exclusive-SpaceX’s talks with Vietnam over Starlink on hold, sources say
SpaceX’s plans to provide communications services to Vietnam with its Starlink satellites have been put on hold, three sources familiar with the matter said, halting support for Vietnamese coast guard …
Vietnam’s exports, factory output fall in Feb but Red Sea impact limited
HANOI, Feb 29 (Reuters) – Vietnam’s exports and industrial production in February … Reuters provides business, financial, national and international news to professionals via desktop terminals, the …
SCBX Acquires 100% of Home Credit Vietnam Poised to enter Vietnamese consumer finance sector as part of regional expansion strategy
Since its establishment in 2008, Home Credit Vietnam is now one of the leading players in the consumer finance sector in Vietnam, offering consumer durable loans, revolving loans, cash loans, and …
Biggest Thai Bank to Buy Home Credit Vietnam for $860 Million
SCB X Pcl, Thailand’s biggest bank by market value … subject to regulatory approvals, the Bangkok-listed financial group said in a statement. Bloomberg News first reported news of the deal on …
The US Navy’s new floating base for Marines and Navy SEALs is named for a Vietnam war hero
The US Navy commissioned a new warship earlier this month, a massive floating sea base named after Vietnam war hero Sgt. Maj. John L. Canley.
China’s CDH in talks to buy minority stake in US$1.7 billion Vietnam grocery chain, say sources
HANOI/SINGAPORE: China’s CDH Investments is in advanced talks to buy a minority stake in Bach Hoa Xanh (BHX) from Vietnam retailer Mobile World in a deal that could value the grocery chain at up to …
Biggest Thai Bank to buy Home Credit Vietnam for US$860 million
SCB X, Thailand’s biggest bank by market value, agreed to buy consumer lender Home Credit’s business in Vietnam for about US$860 million in a bid to widen its regional footprint. Read more at The …
Vietnam’s ‘rice bowl’ cracks in monster heatwave
Southern Vietnam, including business hub Ho Chi Minh City and its “rice bowl” Mekong Delta region, suffered an unusually long heatwave in February, weather officials said Wednesday.The intense period …
South Korean diplomat urges Vietnam to relax curbs on foreign ownership
“If the foreign ownership limit remains, Vietnam will likely only receive a maximum net capital inflow of $5 billion,” Senior Financial Sector Specialist of World Bank Ketut Ariadi Kusuma said. “But …