Singaporean real-estate investment firm Mapletree Investments has acquired Kumho Asiana Plaza Saigon, a mixed-use complex in Ho Chi Minh City’s CBD, taking its total assets under management in Vietnam to more than US$1 billion. As well as a supermarket, the…
Singapore’s Mapletree has revealed how its SC VivoCity joint venture in Ho Chi Minh City is performing. The shopping centre, built in the heart of District 7, a area popular with expats from Korea and Singapore especially, opened in April 2015. In its recent…
Wilmar International has teamed up with leading local retailer Saigon Co-op to form a joint venture for a multimillion-dollar sauce making plant in Vietnam, the Singaporean agribusiness group announced Tuesday. Wilmar International holds a 51 percent stake,…
Korean coffee chain Caffe Bene has opened its first franchised store in Vietnam. Caffe Bene Vietnam’s third store – its first franchised outlet – is located in the recently opened SSC VivoCity shopping centre in Ho Chi Minh City’s District 7, a popular expat…