Thai businessmen

Update news Thai businessmen

VietNamNet Bridge - The Gioi Di Dong (Mobile World), the largest mobile phone distribution chain, shut down its 22 shops at Big C Vietnam after the retailer fell into Thai hands. Cdiscount, an e-commerce website, will stop operation from December 31.

Thai firms targeting cement companies after entering supermarket, home appliance markets

VietNamNet Bridge - Sanan Angubolkul, Chair of the Thailand-Vietnam Business Association, has called Vietnam the ‘darling of the world’, meaning that it has become quite attractive to foreign investors.

Four Asian conglomerates dominate business landscape in Vietnam

VietNamNet Bridge - The four Asian giants predicted to be able to change the face of some industries and economic branches in Vietnam include CJ Group (South Korea), Ayala (the Philippines), SCG (Thailand) and Central Group (Thailand).

Vietnam’s plastics industry could fall into foreigners’ hands

VietNamNet Bridge - At least $5-6 billion is the budget Thai SCG plans to spend on merger & acquisition (M&A) deals in Vietnam from now to 2020.

Thai giants vie for Big C in Vietnam and Thailand

Thai conglomerates are running a race to buy Big C supermarkets in Vietnam and Thailand from French Casino Guichard-Perrachon SA, according to the Ministry of Industry and Trade’s Commercial Division in Thailand.

Thai businesses march towards Vietnam as AEC draws near

VietNamNet Bridge - Thai businesses are believed to be the most active investors in Vietnam pouring capital into Vietnam to prepare for the ASEAN Economic Community (AEC), which takes effect in late 2015.