Genco 3 to be equitised next year

tohang

The privatisation of Power Generation Corporation 3 (Genco 3), which is fully owned by the Electricity of Vietnam, will be conducted next year, the Ministry of Industry and Trade has announced.

Genco 3 is to be privatised. – Photo cenco3
HA NOI (Biz Hub)  — The privatisation of Power Generation Corporation 3 (Genco 3), which is fully owned by the Electricity of Vietnam, will be conducted next year, the Ministry of Industry and Trade has announced.

The deadline for completion of corporate valuation is January 1, 2015.

Under the State's direction, Viet Nam will have to equitise more than 400 State-owned enterprises next year. — VNS



  • Share:

see also

Market ends week with sharp fluctuations

Market ends week with sharp fluctuations

Market breadth was decidedly negative, with 250 declining stocks, compared to 68 advancing. Trading value on the southern bourse increased significantly to approximately VNĐ11.2 trillion (US$440.1 million), a 49.3 per cent rise from the previous session.
SeABank receives approval to transfer 100% stake in PTF to AEON

SeABank receives approval to transfer 100% stake in PTF to AEON

The regulatory approval comes over a year after SeABank and Aeon Financial signed a capital transfer agreement for PTF, valued at VNĐ4.3 trillion (approximately US$181 million).
Retail investors net buy over 3 billion on stock market last year

Retail investors net buy over $3 billion on stock market last year

Despite their active participation, a large portion of these investors found themselves chasing stocks at their peak rather than succeeding in the market.
Market declines as liquidity hits lowest level since March 2023

Market declines as liquidity hits lowest level since March 2023

Trading liquidity plunged to approximately VNĐ7.5 trillion (US$295 million), marking a 26.5 per cent decrease compared to the previous session. This was the lowest level recorded since March 2023.
Listed firms strive to overcome challenges in 2024

Listed firms strive to overcome challenges in 2024

The stock market in 2024 witnessed the delisting of multiple companies, primarily due to three consecutive years of losses, or cumulative losses exceeding the actual contributed capital.