Philippines The Ayala group has strengthened its foothold in Vietnam, one of Southeast Asia's rising stars, with the acquisition of a significant minority interest in a leading infrastructure company and a bulk water supply company both based in Ho Chi Minh City.
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Philippine business giant Ayala Corp. is likely to do well for the rest of the year, analysts say
Inc. will invest in Vietnam's Ho Chi Minh City Infrastructure Investment Joint Stock Co. and in its infrastructure asset Kenh Dong Water Supply Joint Stock Co. Ayala was awarded by Ho Chi Minh City Infrastructure the right to buy 10 percent...