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Vinalines to make second effort to sell its shares

Vinalines to make second effort to sell its shares

Over 480 million shares that the State-owned Vietnam National Shipping Lines (Vinalines) failed to sell at its recent initial public offering (IPO) will be offered to investors in the near future.

Vinalines holds roadshow for upcoming IPO

Vinalines holds roadshow for upcoming IPO

Vietnam National Shipping Lines (Vinalines) is welcoming all investors interested in becoming shareholders of the corporation during its initial public offering (IPO) scheduled for September 5 at the Hanoi Stock Exchange.

M&As in banking sector encouraged

M&As in banking sector encouraged

The Government plans not to license any more wholly foreign-owned banks in Vietnam but encourages foreign banks to buy weak domestic banks, said Deputy Prime Minister Vuong Dinh Hue.

Vietnam Entertainment Fund makes debut

Vietnam Entertainment Fund makes debut

The Vietnam Entertainment Fund (VEF), which aims to increase value through medium- and long-term investments in the entertainment sector, made its debut in Ho Chi Minh City on July 26.

Foreign investors keen on Vinalines’ equitization

Foreign investors keen on Vinalines’ equitization

Many foreign enterprises have expressed interest in becoming strategic investors in Vietnam National Shipping Lines (Vinalines) following the Prime Minister’s approval of the firm’s equitization plan.

Vietnam wants to promote social forestry in ASEAN: official

Vietnam wants to promote social forestry in ASEAN: official

Vietnam wants to promote social forestry among member countries of the Association of Southeast Asian Nations (ASEAN) to create favourable conditions for the involvement of private and non-governmental organisations, community and people in forestry activities, said a local official.

Vinalines’ restructuring plan approved

Vinalines’ restructuring plan approved

Prime Minister Nguyen Xuan Phuc has approved a plan on the restructuring of the mother company of Vietnam National Shipping Lines (Vinalines) in the form of selling State capital and issuing more stocks to increase its charter capital.

Vietnam National Shipping Lines to hold IPO in August

Vietnam National Shipping Lines to hold IPO in August

The Vietnam National Shipping Lines (Vinalines) is scheduled to carry out its initial public offering (IPO) in August, according to the firm’s latest equitisation plan recently submitted to the Prime Minister for approval.

TH Group expects IPO in Singapore within next two years

TH Group expects IPO in Singapore within next two years

TH Group may one-up Vietjet and VNG by becoming the first Vietnamese firm to have its stock listed on an overseas stock exchange. However, the IPO is planned for 2020, which leaves a lot of space for action for the other firms.

PV Power to take over Nhon Trach 3 and 4 thermal power plants

PV Power to take over Nhon Trach 3 and 4 thermal power plants

PetroVietnam Power Corporation (PV Power), Vietnam’s second largest electricity producer, will replace PetroVietnam as the investor of Nhon Trach 3 and 4 thermal power plants located in Ong Keo Industrial Zone (IZ) in the southern province of Dong Nai.

Vietnam's HDBank to absorb PGBank in merger

Vietnam's HDBank to absorb PGBank in merger

Vietnam’s Ho Chi Minh City Development Joint Stock Bank, better known as HDBank, said its shareholders approved on April 21 a plan to merge with the unlisted Petrolimex Group Commercial Joint Stock Bank as it seeks to expand operations in the country.