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Update news CJ Group
Large companies considered leaders in their fields are being sought after by buyers, mostly from Asia.
VietNamNet Bridge - The stable economic development in Vietnam, a large market with high potential, and the political conflicts with North Korea and China are attracting South Korean investment to Vietnam.
With $4.432 billion of export turnover to South Korea and $9.942 billion of import turnover from Korea in the first four months of the year, the country has become the biggest partner with which Vietnam has a trade deficit.
VietNamNet Bridge - Well-known Vietnamese names in the food industry have fallen into the hands of the world’s largest conglomerates.
VietNamNet Bridge - Vietnam’s ranks highly in statistical reports about consumption of South Korean sweets, ginseng and cosmetics.
VietNamNet Bridge - The four Asian giants predicted to be able to change the face of some industries and economic branches in Vietnam include CJ Group (South Korea), Ayala (the Philippines), SCG (Thailand) and Central Group (Thailand).
VietNamNet Bridge - Analysts believe that four Asian conglomerates are powerful enough to make big changes in some Vietnam’s industries if they succeed with their M&A deals.