Three State-owned enterprises (SOEs) will make initial public offerings (IPOs) in March, floating 2.5 trillion VND (110 million USD) worth of stakes in the market in the second wave of SOEs IPOs in 2018.
Eight investors have registered to become strategic shareholders of the Vietnam Oil Corporation (PV Oil) as of January 10, PV Oil CEO Cao Hoai Duong confirmed on the sidelines of the corporation’s roadshow.
Foreign investors have poured US$10.95 billion into new and operational FDI projects and to buy stakes in local companies in the first four months of 2017, up 40.5 % from the same period last year, according to the Foreign Investment Agency (FIA).
Traditional lottery companies throughout Vietnam’s south, meanwhile, have officially raised their stakes.
Companies of the Thai billionaire Charoen Sirivadhanabhakdi are the only institutional investors to participate in the Vinamilk share sale this week at Ho Chi Minh Stock Exchange.
The sale of Sabeco, the largest beer manufacturer, and Vinamilk, the largest dairy producer, is expected to bring great opportunities to foreign investors.
Prime Minister Nguyen Xuan Phuc has instructed state management agencies to protect strong national brands, including Habeco, Sabeco and Vinamilk, after the state sells its stakes in the enterprises.
World Bank Group member IFC now owns some 5% of Tien Phong Bank’s stakes, to further assist the lender in expanding its loan services to better serve growing Vietnamese businesses.
New developments have brought opportunities for Merger and Acquisition deals made between foreign investors and Vietnamese firms, according to speakers at the M&A Forum Vietnam 2016 held today by the Vietnam Investment Review in Ho Chi Minh City.
The State Bank of Vietnam early this month approved in-principle Woori Bank’s proposal to set up a wholly-owned bank in the country.
Two funds of asset management company VinaCapital have sold all their stakes in a Ho Chi Minh City-based real restate company reportedly for a total of US$104 million.
State-controlled MobiFone, one of Vietnam's top telecommunication companies, will sell its stakes in two partly-private banks to raise at least VND447 billion (US$19.79 million) next month, local media reported on March 23.
Electricity of Vietnam (EVN) has asked the Prime Minister to issue a special operation mechanism for three Power Generation Corporations (Gencos) before they are equitised, local media reported on September 23.
Taxpaying is apparently not all beer and skittles for Sabeco, as Vietnam’s largest brewery is in dispute with state auditors over a huge amount of tax arrears that the company has repeatedly claimed was unreasonably calculated.
The bank for Development and Investment of Vietnam (BIDV) officially announced a 12% rise in its registered capital from VND28.11 trillion (US$1.30 billion) to VND31.48 trillion (US$1.44 billion).
The State Securities Commission (SCC) will hold an investment promotion conference themed “My Vietnam - your investment destination” in New York City, the US from July 1- 5.
The managements of state-owned enterprises that fail to privatize and divest from non-core businesses as ordered this year face "strict" action, a government committee on the restructuring of SOEs said at a recent meeting in Hanoi.
Masan Group (MSN) announced the acquisition of stakes in two companies on April 27.
Firms were eager for the long-awaited proposal to increase foreign stakes in listed companies, but some were cautious over unexpected acquisitions.
(VOV) - Viglacera Corp., Vietnam’s biggest construction materials producer, plans to sell its stakes to strategic foreign investors to help triple its export revenue in the next five years.