Two Recent M&A Deals in Vietnam’s Retail Sector

Apr 1, 2019

In early April 2019, VinCommerce, a retail subsidiary of local conglomerate Vingroup, took over convenience store chain Shop&Go for a symbolic value of 1 USD. Shop&Go is a brand from Singapore, which ran the first convenient store in Vietnam in 2006. It has...

Singapore Aims to Locally Produce 30 Percent of Food Requirement by 2030

Mar 1, 2019

The Singapore government has set a target to locally produce 30% of Singapore’s nutritional needs by 2030. Currently, Singapore imports over 90% of its food requirements. To achieve this “30 by 30 vision”, the government will help the local agri-food industry to adopt...

Companies Betting on Healthier Beverages in Thailand

Mar 1, 2019

Suntory PepsiCo Beverage (Thailand) Company Limited or SPBT, producer and distributor of the most popular beverages under Suntory and PepsiCo, is further expanding its array of refreshment products with the introduction of a new beverage, ‘goodmood’. The new product...

Local Brands Continue to Dominate Vietnamese Market

Mar 1, 2019

The latest report from Nielsen on Vietnam’s FMCG market has found that Vietnamese manufacturers earned 42% of the FMCG sector’s total revenues, in the four largest market segments — food, beverages, home care and personal care products. A 2019 report from...

IFC Approves USD 275 Million Loan to Indonesia’s Trans Corp

Mar 1, 2019

International Finance Corporation (IFC), a member of the World Bank Group, is providing a loan package of USD 275 million to PT Trans Corpora (Trans Corp), a wholly owned subsidiary of CT Corp. CT Corp is a diversified Indonesian-based holding company, active in the...