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Kinh Do Corporation

Update news Kinh Do Corporation

BUSINESS IN BRIEF 5/3
Vietnamnet global

BUSINESS IN BRIEF 5/3

Number of newly-established businesses up 26.6%; Vietnam sees trade deficit in first two months; Growing container inventory at seaports creating problems; Gov't decision to stockpile rice raises domestic prices

BUSINESS IN BRIEF 4/12
Vietnamnet global

BUSINESS IN BRIEF 4/12

 Shareholders approve 80% sale of KDC snack division; VND30trillion credit package remains inaccessible for many; Minister confident of 5.8% GDP growth for 2014; Vietnam spends nearly US$3 million on animal imports

Kinh Do to sell 80% stake in confectionery segment to American partner
Vietnamnet global

Kinh Do to sell 80% stake in confectionery segment to American partner

 VietNamNet Bridge - If Kinh Do shareholders approve the sale of a major stake of its business, it will be the biggest investment in the history of the Vietnam confectionary industry.