Morgan Stanley Capital International (MSCI), a leading global provider of research-based indexes and analytics, has added three Vietnamese stocks to MSCI Frontier Markets Index.
The Construction Joint Stock Company 47 has announced that it had recently reached a deal with Song Da 5 Joint Stock Company to construct the Nam Pha, Nam Phak and Phouphong dams at the Nam Phak hyower project in Laos.
Recent reports of contaminated tap water have caused great public concern across Viet Nam, the latest issue for investors in a sector the State is divesting from.
In the first six months, Sudico earned nearly VND197 billion worth of revenue, six-fold last year’s figure, and VND18 billion worth of post-tax profit, down 65.6 per cent yearly.
The State-owned Song Da Corporation (Song Da) will offer nearly 220 million shares at its initial public offering (IPO) next month, the company said in a statement on its website.
Song Da Corporation will sell nearly 200 million shares, equivalent to 48.82 per cent of its charter capital through the initial public offering (IPO) scheduled in 2019, the company has announced.
The Ministry of Construction suggests the State retain a controlling
stake in Song Da Corporation after its equitisation given the company''s
large-scale business operations.