Two Singaporean investors in Vinamilk have failed repeatedly to increase their stake in the dairy giant by one percent.
Vietnam’s Military Commercial JSC (MBBank) is seeking to sell a 7.5 percent stake to one or more foreign investors this year.
Japan’s Taisho Pharmaceutical Co Ltd has proposed increasing its ownership in DHG Pharmaceutical Joint Stock Company by 21.7 percent.
Grab’s surprise offer to buy a US$2.78-million stake in top taxi company Vinasun has failed, with the latter asking to end negotiations.
In an apparent u-turn, transport giant Tracodi has approved divestment of its 30% stake in Vinataxi.
VOV.VN -CafeF have released their latest rich list, here are the top 10 richest Vietnamese businesspeople, all of whom are owners of large companies with assets totaling between VND5.844 billion and VND173.462 billion.
PAN Group, a leading agriculture and food processing firm in Vietnam announced on September 25 the sale of its 13.4 million shares, or 10% stake, to Japan’s Sojitz Corporation.
After acquiring a majority stake in Vietnam’s top brewery, Sabeco, last year, Thailand’s TCC Group is set to appoint a Singaporean chairman, Koh Poh Tiong, and a new board of directors.
The Saigon Beer Alcohol Beverage Corporation (Sabeco) appointed a new management board at an extraordinary shareholders’ meeting on April 23, following Thai Beverage Public (ThaiBev)’s acquisition of a 53.59% stake in the State brewer last year.
The Government raised more than 1.39 trillion VND (61.5 million USD) by divesting its stake in State-owned enterprises (SOEs) in the first quarter of this year, according to the Ministry of Finance.
The Ministry of Transport has asked the representative of State stake in Vietnam Airlines to draft plans to reduce State ownership to 51% of the national flag carrier’s charter capital in 2019.
Vietnam's state-run MobiFone Telecommunications Corporation has been refunded VND2.5 trillion ($110 million) after a deal to buy a private pay TV firm fell through, according to the information ministry.
The Ministry of Industry and Trade said that the April 23 annual general meeting (AGM) will have the final say on who can manage Sabeco, in response to ThaiBev’s earlier complaint about not having any control at Vietnam's top brewery.
Some foreign banks have assured that they will retain their presence in Vietnam after withdrawing capital from some Vietnamese partners recently, noting that the country is still an attractive market.
The Commercial Bank for Foreign Trade of Vietnam (Vietcombank) is planning to sell more than 350 million shares, or a 10% stake, to foreign investors in the first half of 2018.
After 2017’s significant state capital divestment deals, the Vietnamese market is expected to see some of the most anticipated sales in 2018.
Pyn Elite Fund (Non-Ucits) has announced increasing its holdings in a series of companies where it still holds a partial stake, namely JVC, HBC, CMG, VCG, and CII.
Danish brewer Carlsberg is keen on increasing its stake in Habeco, one of Vietnam’s biggest brewers, to at least 51 percent, a local news website reported, citing a Habeco executive.
The Vietnam National Shipping Lines (Vinalines) has proposed to reduce its stake in many strategic seaports.
PetroVietnam Power Corporation (PV Power), a wholly-owned subsidiary of the state-owned energy giant PetroVietnam, said it will sell a 49% stake late this year with priority given to strategic investors.