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GIC

German wine-growing enterprises eyes Vietnamese market

German wine-growing enterprises eyes Vietnamese market

A workshop on agriculture, especially the wine products of the Germany’s largest wine-growing region, the State of Rheinland-Pfalz, has been held in Ha Noi.
GIC-led consortium buys 500 million shares in Vingroups subsidiary

GIC-led consortium buys $500 million shares in Vingroup’s subsidiary

Singapore’s sovereign wealth fund, GIC announced on Monday that its consortium bought US$500 million (VND11.6 trillion) of stake in one of the subsidiaries of Vietnam''s largest conglomerate Vingroup JSC in retail industry.
Vietcombanks charter capital reaches US1.6 billion

Vietcombank’s charter capital reaches US$1.6 billion

The charter capital of Joint Stock Commercial Bank for Foreign Trade of Viet Nam (Vietcombank) has increased by three per cent to VND37.1 trillion (US$1.6 billion) after it sold selling shares to strategic investors Singaporean investment fund GIC Private Limited (GIC) and Japan’s...
Singapore state fund invests in Viet Nam

Singapore state fund invests in Viet Nam

GIC Pte, Singapore’s sovereign wealth fund, has made huge investments in large Vietnamese firms such as VinHomes, Vietjet, Techcombank and Masan.
Home Credit launches new product

Home Credit launches new product

Home Credit Vietnam Finance Company Limited has tied up with three insurance companies, PTI, GIC and Bao Minh, to provide additional benefits to the spouses of customers who buy insurance to cover 100 per cent of their loan.
Vinhomes attracts US1.3bn from Singapore fund

Vinhomes attracts US$1.3bn from Singapore fund

Property developer Vingroup has announced that Vinhomes and another member company of the group has signed a cooperation agreement with Singapore’s sovereign wealth fund, GIC Private Limited.
Vietcombank to sell 7.73% stake to Singapore partner

Vietcombank to sell 7.73% stake to Singapore partner

Singapore''s sovereign wealth fund GIC is set to acquire a 7.73 per cent stake on a fully enlarged basis in Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank), Vietcombank announced today.
Low penetration a pointer to growth: insurance execs talk up VN prospects

Low penetration a pointer to growth: insurance execs talk up VN prospects

The Vietnamese insurance market holds huge promise, something that both domestic and foreign companies find irresistible. The CEO of Global Insurance Corporation (GIC), Phan Hoang Chung Thuy, and the Chairman of its giant German partner ERGO, Torsten Oletzky, speak to Viet Nam News about...