Khanh Hoa Province People''s Committee has registered with the Ha Noi Stock Exchange to offload 13.5 million shares, or 55 per cent stake, of Nha Trang Port JSC.
Prime Minister Nguyen Tan Dung has given the green light to the Bac Van
Phong project, which will see the construction of a giant multipurpose
port in Van Ninh District''s Dam Mon Village by Cang Nha Trang JSC.
Major Vietnamese business people have geared up to take over State-owned
enterprises, which were recently equitised, in the role of strategic
partners.
Vietnamese seaports are attracting more interest from foreign investors
following the Government''s decision to sell bigger State stakes in these
companies.
The central coastal Khanh Hoa Province''s authorities have allowed the
Vinpearl Tourism and Trading Joint Stock Company to buy Nha Trang Port''s
shares worth VND85 billion, or US$4 million.