Francesco Guarascio
- Indexed articles, last 90 days
- 4
- Latest publication
- Sep 25, 2026
- Outlet visibility, for DealStreetAsia
- Top 5M sites
- Earliest in this view
- Aug 10, 2026
Latest articles
Japan's SMBC in talks to increase stake in Vietnam's VPBank (opens the original)
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Japan’s Sumitomo Mitsui Banking Corp (SMBC) is in advanced talks to increase its stake in Vietnamese private lender VPBank, four people familiar with the negotiations said. SMBC, the banking arm of Sumitomo Mitsui Financial Group, is discussing raising its holding to approximately 20% from 15%, the people said, declining to be identified because the information is not public. The Japanese lender acquired the original stake in 2023 in a deal worth $1.5 billion. The two sides intend to complete th
VinFast-linked GSM eyes US, EU expansion ahead of Hong Kong IPO (opens the original)
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Vietnamese electric taxi operator Green and Smart Mobility (GSM), a partner of VinFast, the country’s largest carmaker, plans to expand into the US and Europe ahead of a targeted 2028 initial public offering in Hong Kong, the company said. The move underscores the firm’s growing overseas ambitions after it rapidly gained market share in Vietnam after a 2023 launch. It also comes as VinFast seeks to increase international sales of its electric vehicles, which are the only ones used by GSM, follow
Foreign banks bet on Vietnam as growth ambitions fuel funding crunch (opens the original)
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Foreign banks are seeking a bigger foothold in Vietnam by extending hard-currency loans to local lenders squeezed between rising domestic funding costs and government pressure to expand credit to meet ambitious economic growth targets, bankers and analysts said. The growing reliance on offshore funding highlights a central challenge for Communist Party chief To Lam’s economic agenda, with banks expected to bankroll most of the planned infrastructure projects worth about $200 billion and support
Shein turns back to China after Vietnam warehouse experiment fails (opens the original)
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Just over a year ago, Chinese ultra-fast fashion retailer Shein began leasing 15 hectares of warehouse facilities — equivalent in size to 21 soccer pitches — near Ho Chi Minh City, part of a grand experiment to make Vietnam a major export base. When it was formulating those plans in late 2024, it seemed like a bet that, while risky, was worth making. U.S. exemptions for duties on small parcels from China that underpinned its business model looked as if they would be abolished, Donald Trump had j
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