Tags: foreign ownership

Vinaconex to increase foreign ownership

Vinaconex to increase foreign ownership

The Vietnam Construction and Import-Export Joint Stock Corporation (Vinaconex or VCG) plans to eliminate and amend some business lines to open more room for foreign investors, to 49 percent.

HoSE to help foreign investors

HoSE to help foreign investors

In 2019, the southern Ho Chi Minh Stock Exchange (HoSE) will work on a special mechanism that allows foreign investors to trade shares of companies that have run out of room for foreign ownership, especially investors from Thailand, Malaysia and Japan.

KIDO Group eliminates foreign ownership cap

KIDO Group eliminates foreign ownership cap

Food producer KIDO Group has raised its foreign ownership cap from 49% to 100%, according to a proposal approved recently by the State Securities Commission (SSC).

Unrestricted foreign ownership at Sabeco approved

Unrestricted foreign ownership at Sabeco approved

The Saigon Beer-Alcohol Beverage Corporation (Sabeco) early this week announced that it received an official letter from the State Securities Commission approving unrestricted foreign ownership at the largest beverage company in Vietnam.

Foreign funds gear Vietnam’s firms to integration

Foreign funds gear Vietnam’s firms to integration

Foreign investors have provided more opportunities for Vietnamese firms in the country’s deep international integration process as they are not only involved in financing but also in running invested firms, devising strategies and expanding their markets.

JC&C reinforces presence in Vietnam

JC&C reinforces presence in Vietnam

After spending over US$1 billion on acquiring a large stake in Vinamilk, the largest automotive group from Singapore, Jardine Cycle & Carriage Limited Company (JC&C), has poured VND45 billion into acquiring an additional 1.1 million shares in Refrigeration Electrical Engineering Corporation (REE).