Conglomerates expand investments in many business fieldsVietNamNet Bridge - Expanding the scale of their business and jumping into new business fields is the path being followed by conglomerates with powerful financial capability. Investing in many different business fields was once a hot trend in Vietnam and was criticized as ‘adventurous’. However, the situation was so serious that the government demanded that corporations divest from non-core business fields immediately. Expanding the scale of their business and jumping into new business fields is the path being followed by conglomerates with powerful financial capability. After taking over Tran Anh, a home appliance distribution chain, The Gioi Di Dong is now targeting the drug sector.
Source: VietNamNet News December 27, 2017 09:00 UTC