With its enticing business and investment conditions, Vietnam’s packaging sector has seen an array of M&A deals in recent years, Photo: Duc Thanh Thailand’s Siam Cement Group PLC (SCG) last month made a big splash in the market by entering into a 70-per-cent share purchase agreement with Duy Tan Plastics JSC. The former’s subsidiary SCG Packaging (SCGP) is to work with its Vietnamese partners under a 10-billion-baht ($332 million) investment to expand its packaging solution business in Vietnam, where demand for such products is growing. The investment is part of a 20-billion-baht ($664 million) budget for business expansion and merger and acquisition (M&A) plans. SCGP chief executive Wichan Jitpukdee told The Bangkok Post that the company has been expanding its operations in Vietnam and generated a revenue growth of more than 10 per cent annually. Last year, SCGP announced the closing of its consolidation with Sovi Packaging JSC in the southern province of Dong Nai’s … [Read more...] about Overseas packaging groups expand towards Vietnam
Foreign players in vietnam
Park Hang-seo back to work, faces challenges for VN national football team
The national football squad’s South Korean chief coach Park Hang Seo has returned to his work after quarantine. The coach faces challenges and great expectations. Although the remaining matches in the 2022 World Cup qualifiers have not yet taken place, the sideline information about the preparation of the opponents may worry the Korean football expert. The first rival of the Vietnamese team will be Malaysia. Their game is scheduled on June 11. Malaysia has recently employed Brazilian-origin striker De Paula. This is the 8th foreign football player nationalized in Malaysia. Meanwhile, members of the Vietnamese team are familiar faces who have been used by coach Park for the last 2-3 football seasons. However, the V-League 2021 will return this month and coach Park will have opportunities to find out new talents. According to Mr. Park, the United Arab Emirates (UAE) may be the host of the remaining matches of Group G of the second-round World Cup 2022 qualifiers … [Read more...] about Park Hang-seo back to work, faces challenges for VN national football team
Three V. Leagues clubs request prioritized Covid-19 vaccination
On March 8, the first batch of AstraZeneca vaccines will be administered to groups prioritized by the Vietnam government, with athletes not included. Vietnam Football JSC (VPF) has requested Viettel FC, Hanoi FC and Saigon FC players to be vaccinated before competing in Asian Football Confederation (AFC) tournaments abroad. Viettel will compete in the group stage of AFC Champions League (ACL) with Thai club BG Pathum United, ACL title defender Ulsan Hyundai from South Korea and a play-off winner in Bangkok from April 21 to May 7. In turn, Hanoi will play in the AFC Cup group stage with Indonesian side Bali United, Cambodian club Boeung Ket and a play-off winner. Saigon will compete in another group with Malaysia’s Kedah, Singaporean club Lion City Sailors and a play-off winner. The AFC Cup group stage will take place from June 22 to 28. While Hanoi’s group has still to nominate a venue, Saigon's group will play in Singapore. Previously, Saigon had expressed a desire to host … [Read more...] about Three V. Leagues clubs request prioritized Covid-19 vaccination