HANOI: Airwallex, a leading global payments and financial platform for growing businesses, has signed definitive agreements to acquire CTIN Pay, an Intermediary Payment Service (IPS) licensed company in Vietnam. The transaction is subject to the customary closing conditions. The acquisition expands Airwallex’s existing licenses across major Asia-Pacific (APAC) markets, including Australia, Singapore, Hong Kong, Malaysia, New Zealand,…
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Victor Group acquires 25% stake in LIT Technology for $2.0 million
SYDNEY, AUSTRALIA: Victor Group Holdings Ltd (ASX: VIG), a leading provider of cloud-based education solutions in China, has announced its strategic investment in LIT Technology Pty Ltd, an innovative fintech company with a strong presence in Vietnam. The deal, valued at AUD2,000,000.00, will be completed through the issuance of 80,000,000 shares at an issues price…
Jadestone signs gas deal with PV Gas for Vietnam offshore fields
Singapore-based Jadestone Energy has signed a preliminary agreement with PV Gas, Vietnam’s state-owned gas company, to sell gas from its Nam Du and U Minh fields in the southwest of the country. The deal covers a daily contract quantity of 80 million standard cubic feet of gas (mmscfd) for at least 55 months, starting from…
Vietnam seeks improved trade, investment cooperation with Pakistan
KARACHI: Vietnamese government is keen to improve trade and investment cooperation with Pakistan, Deputy Director General of Vietnam’s Ministry of Industry & Trade Do Quoc Hung said at a business-to-business meeting at Karachi Chamber of Commerce and Industry (KCCI). He said that Vietnam’s global trade turnover was more than US$500 billion this year, of which…