Singapore’s GIC leads US$500 million investment in Vietnam’s Vingroup

[Viet]

Southeast Asia




Reuters
Published: 7:13pm, 9 Sep, 2019


A consortium led by Singapore’s state investor GIC Private Limited has agreed with Vietnam’s largest conglomerate Vingroup JSC to buy a stake in one of the latter’s units for US$500 million, GIC said on Monday. Vingroup will remain the controlling shareholder of the unit, VCM Services and Trading Development Joint Stock Company, after the deal, GIC said in a statement.

Vingroup and VCM Services and Trading Development have “established themselves as reputable retail companies with attractive brands in Vietnam’s fast-growing consumer market,” the statement said.

https://www.scmp.com/news/asia/sout...d-singapores-sovereign-wealth-fund-gic-invest

 

[Viet]

The oil sheiks of Asia: Singapore

 

[Mista]

The oil sheiks of Asia: Singapore

No no, these are Singaporeans' hard earned money and therefore we spend and invest very carefully. We are no nouveau riche like the Arabs.

 

[Viet]

No no, these are Singaporeans' hard earned money and therefore we spend and invest very carefully. We are no nouveau riche like the Arabs.

One thing I admire Singapore. Despite a rich country, the people never stop hard-working. You are much smarter than other in Indonesia, Malaysia, Thailand etc. they believe they are the real oil sheiks so stop working, stop inventing, stop progressing.

 

[nufix]

One thing I admire Singapore. Despite a rich country, the people never stop hard-working. You are much smarter than other in Indonesia, Malaysia, Thailand etc. they believe they are the real oil sheiks so stop working, stop inventing, stop progressing.

No day without mentioning Indonesia eh? VN inferiority is beyond my expectations

 

[cochine]

No day without mentioning Indonesia eh? VN inferiority is beyond my expectations

Is Inonesian is suprious ? when Indonesian stop bragging on us we will not say about you.

https://defence.pk/pdf/threads/gdp-asean-countries.634797/

 

[nufix]

Is Inonesian is suprious ? when Indonesian stop bragging on us we will not say about you.

https://defence.pk/pdf/threads/gdp-asean-countries.634797/

Suprious? Brb checking my dictionary

Meanwhile, Vinfast cars struggle to sell cars, it forces own workers to buy the car

https://www.ft.com/content/9fa6f1f8-d29d-11e9-8367-807ebd53ab77

 

[Beast]

A great period of attracting foreign investment for Vietnam. Congrat!

While China will continue drill oil in spratly island. China is smart to start the oil drilling at this best opportunity.

 

[cochine]

Suprious? Brb checking my dictionary

Meanwhile, Vinfast cars struggle to sell cars, it forces own workers to buy the car

https://www.ft.com/content/9fa6f1f8-d29d-11e9-8367-807ebd53ab77

Why not ? the worker, who have work at company with good payment, and have advantage of 10% discount at this time only.

 

[nufix]

Why not ? the worker, who have work at company with good payment, and have advantage of 10% discount at this time only.

Buying due to discount and buying out of fear of being fired are two different things you know... 17k for a hatchback in a country where most cannot afford cars. Vinfast better start working with the government to force people to buy that under the threat of guns.

 

[Nike]

Buying due to discount and buying out of fear of being fired are two different things you know... 17k for a hatchback in a country where most cannot afford cars. Vinfast better start working with the government to force people to buy that under the threat of guns.

It will be a bankrupt story

 

[mejikuhibiu]

Is Inonesian is suprious ? when Indonesian stop bragging on us we will not say about you.

https://defence.pk/pdf/threads/gdp-asean-countries.634797/

Oo..this thread..whats wrong with this thread

 

[cochine]

Buying due to discount and buying out of fear of being fired are two different things you know... 17k for a hatchback in a country where most cannot afford cars. Vinfast better start working with the government to force people to buy that under the threat of guns.

Its cheapper than other car with same quality. The quatation is aceeptable.

In Indonesia should be used the gun, but in Vietnam is not.

It will be a bankrupt story

Vingroup owner is the richest man in Vietnam with 6 bill US$, in stock exchange the price is on top.

 

[nufix]

Its cheapper than other car with same quality. The quatation is aceeptable.

In Indonesia should be used the gun, but in Vietnam is not.



Vingroup owner is the richest man in Vietnam with 6 bill US$, in stock exchange the price is on top.

Lol have you seen how many cars sold in Indonesia every year? Dont worry, we dont have that stupid story of forcing people buying stupid stuff.

 

[mejikuhibiu]

One thing I admire Singapore. Despite a rich country, the people never stop hard-working. You are much smarter than other in Indonesia, Malaysia, Thailand etc. they believe they are the real oil sheiks so stop working, stop inventing, stop progressing.

And Indonesia,Malaysia,And Thailand is much smarter than Vietnam..