JD.com co-leads investment in Vietnam’s B2C ecommerce platform Tiki


Upon completion of this investment, JD.com will become one of Tiki’s largest shareholders.

Vietjet co-founder, Shell among those vying for PV Oil strategic stake

PV Oil, a PetroVietnam subsidiary, plans to offer 20% of its shares in an IPO on January 25, and another 44.72% stake to strategic investors through a private placement.

Vietnam Dealbook: Dempsey Hill disposes of MWG shares, Vinasugar II to auction 93% stake

Dempsey Hill Asia Fund has transferred a million shares in Mobile World Investment JSC (MWG) to four foreign funds.

PetroVietnam targets raising over $570m from IPOs of three subsidiaries this month

Binh Son Refining and Petrochemical (BSR), Petro Vietnam Oil Corporation (PV Oil) and PetroVietnam Power Corporation (PV Power) will all conduct an IPO in January.

Standard Chartered exits Vietnam’s Asia Commercial Bank

ACB’s shares were trading at around VND40,000/share on Hanoi Exchange, valuing the sale at about $263.2m.

Vietnam: Mekong-backed restaurants chain Red Wok acquires peer Quan Ut Ut

Quan Ut Ut and BiaCraft restaurant chains have been present in Vietnam since 2014 with 4 branches in HCMC. 

Top events that marked Vietnam’s startup ecosystem in 2017

Vietnam is now actively blipping on the radar of venture capital investors who are scouting for deals in Southeast Asia.

Vietnam: Leflair raises $3m Series A led by Capital Management Group

The latest transaction brings its aggregate equity financing to nearly $5 million.

Vietnam 2017: Jardine-Vinamilk, Thaibev-Sabeco among blockbuster M&A deals

Looking back the year of 2017, DEALSTREETASIA picks the four most significant M&A transactions, all involving overseas investors.

Vietnam: MobiFone to divest SeABank and TPBank shares in Feb auction

If successful, MobiFone expects to pocket at least VND400 billion ($17.6 million) from the auctions based on the starting price.