VNPT to divest $56.4m in first quarter

Wednesday, Mar 18, 2015 09:48

HA NOI (Biz Hub) — The Viet Nam Post and Telecom Group (VNPT) will divest VND1.2 trillion (US$56.4 million) from the joint-stock sector in the first quarter of this year.

Tran Manh Hung, general director of VNPT, said the group would also divest VND2 trillion from listed companies following a decision Prime Minister Nguyen Tan Dung signed in June last year to restructure VNPT. So far, the group has divested VND500 billion ($23.5 million).

The group was carrying out divestments in accordance with the decision, said Hung.— VNS

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