F&N will ‘look at’ buying more of Vinamilk if it’s available
The 40 top brands, mostly young companies, are valued at around $5 billion in total
SCIC will sell its stakes only when it has new investments that are more profitable," the sovereign fund chairman says
The Vietnamese giant first invested in Driftwood Dairy Holding Corporation in 2014
The dairy giant reported revenue of $1.8 billion and net profit of $348 million last year
Vinamilk has long been the country's most sought after firm among foreign investors due to its strong prospects and expansion...
Laos, Cambodia and Myanmar remain their new favorites, but many also expand to the EU, Japan and the US
It has a $23-million joint-venture plant in the country, and plans for it are unclear
The dairy giant, one of the most sought after equity in Vietnam has been boosting its activities overseas
M&A worth over $4 bln in 2015 was a record
The Vietnam dairy industry was worth $2.8 billion in 2013 and may have grown to $4.1 billion this year,...
Customs said importers declared a product in the wrong category and paid less taxes than they were supposed to
The government owns stakes in four of them though divestment is on the cards
Many foreign investors have expressed interest in buying into the dairy giant.
State to divest its 45 pct Vinamilk stake, time frame unknown