A Chau Industrial Technology JSC (ACIT) acquired 49% shares of VND 5.000 billion solar power plant of Trung Nam Group. The deal took place in the context that many solar power projects are forced to reduce their generating capacity in the national power system to ensure safety in operation. The reduced generating capacity of renewable electricity estimated by Vienam Electric (EVN) is about 1.3 billion kWh [...]
SK Group invested US$ 410 million for 16.26% shares in Vincommerce. On the side of Masan and VCM: US$ 225 million of this investment will be utilized to supplement working capital and increase funding for upcoming projects. On the side of SK Group: taking advantage of Masan and VCM's strength to develop the Online - Offline (O2O) integrated retail industry in Vietnam and promote retail modernization [...]
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