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Update news kinh do
With value of VND30 trillion, stable growth and low average consumption per capita, the Vietnamese vegetable oil market is attracting many foreign enterprises.
The cooking oil market in Vietnam has become more competitive than ever, with many firms jumping into the industry.
After concluding successful transactions, large conglomerates now have trillions of dong in their coffers. And they have to think about how to use the money.
VietNamNet Bridge - Though the growth of the sweets market has slowed down, it is still attracting investors.
VietNamNet Bridge - The cooking oil market with annual revenue of VND30 trillion, a high growth rate and low average consumption per capita has become an attractive market.
VietNamNet Bridge - As Kinh Do has sold its sweets manufacturing division to the US firm Mondelez, Vietnam has no company that can compete with foreign manufacturers in the sweets market.
VietNamNet Bridge – Big-name Vietnamese brands have changed hands recently after finalizing major deals worth hundreds of millions of dollars.
Synthetic fiber manufacturer to hold IPO; HCM City to host Viet Nam Expo 2014; Sharp rise in Visa transactions; Dong Nai invites NGO funding for development; Over 1.8 billion USD to expand Duyen Hai power plant; Relief for software firms
HSBC: Manufacturing drives H1 GDP growth; Cashew exporters seek SBV help; VPBank gets nod to acquire finance firm; Kinh Do to venture into coffee and cooking oil markets; VietinBank to sell VND1.5-trillion of bad debt to VAMC
HCM City invests just VND4.5 tril. in science, technology, HCM City invests just VND4.5 tril. in science, technology, Kinh Do continues boosting M&A activity; VFA, provinces team up for rice production