Vietnam Business News |
- Rubber group’s restructuring plan ratified
- Investment funds pour capital into Viet Nam
- Buying gold bullion to be riskier under new law
| Rubber group’s restructuring plan ratified Posted: 09 Jan 2013 12:14 AM PST Under the plan for the period 2012 – 2015, the core business lines of Vietnam Rubber Industry Group are rubber growing, processing and trading, artificial wood processing and rubber industry. The group is also permitted to operate rubber industrial parks on its land converted in accordance with the land use plan ratified by the government. [...] |
| Investment funds pour capital into Viet Nam Posted: 09 Jan 2013 12:14 AM PST International investment fund Kohlberg Kravis Roberts (KKR) will invest an additional US$200 million in Masan Consumer – a subsidiary of food processor Masan Group (MSN) – via a combination of primary and secondary funding, the firm confirmed yesterday. This is the largest private equity agreement in Viet Nam. Previously in 2011, KKR purchased a 10 [...] |
| Buying gold bullion to be riskier under new law Posted: 09 Jan 2013 12:10 AM PST With some 2,500 licensed gold-bullion trading facilities set to replace tens of thousands of unqualified such businesses countrywide starting January 10, buying the precious metal will become more risky, as customers will be fined if they conduct transactions with an unlicensed trader. The 2,500 licensed gold bullion traders are branches of 22 banks and 16 [...] |
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