VietNamNet Bridge – Large corporations have been silently pouring their money into other business fields after they can get a firm foothold in their core fields.

Thai billionaire Charoen Sirivadhanabhakdi, 69, a businessman famous as a person who likes putting a spoke in others’ wheel, who got involved in many big hostile takeover deals, is believed to take actions to take over Melia Hotel in Hanoi.

It is quite a normal thing that a brand turns up and then disappears from the market. However, economists say the disappearance of a series of once well-known Vietnamese brands is really worrying.