Vinafood 1 exceeded many key business targets in 2022

Tuesday, Jan 17, 2023

The Vietnam Northern Food Corporation (Vinafood 1) said it has basically met or exceeded many key targets in 2022, of which its revenue reached nearly VND16.17 trillion, equaling 106.03 per cent of the yearly plan.

Equitisation doesn't necessarily mean a better future for SOEs

Friday, Oct 09, 2020

Equitisation should be a magic wand to improve the performance of a State-owned enterprise (SOE), but in some cases, it is not.

Vinafood 2 not to pay 2019 dividends

Wednesday, Jun 12, 2019

Viet Nam Southern Food Corporation (Vinafood 2) has set 2019’s revenue at nearly VND21.29 trillion (US$913.73 million), a year-on-year increase of 19 per cent, and does not plan to pay a dividend to compensate for losses in 2018.

Vinafood 1, 2 win bid to supply rice to Philippines

Monday, Oct 22, 2018

The Viet Nam Northern Food Corporation (Vinafood 1) and Viet Nam Southern Food Corporation (Vinafood 2) won a bid last week to sell 14,000 tonnes and 15,000 tonnes of rice, respectively, to the Philippines.

Vinafood 2 to supply rice for Philippine firm

Tuesday, Sep 18, 2018

Viet Nam Southern Food Corporation (Vinafood 2) has signed a Memorandum of Understanding (MoU) with the Philippine firm AgriNurture Inc to become an exclusive supplier of long-grain rice for this company starting next year.

Vinafood 2 IPO sells entire share offering

Thursday, Mar 15, 2018

Viet Nam Southern Food Corporation (Vinafood 2) sold its entire offering of nearly 115 million shares, equivalent to 22.97 per cent of its charter capital, in its initial public offering (IPO) on the HCM Stock Exchange on Wednesday.

41 investors eye stakes at Vinafood 2

Monday, Mar 12, 2018

HCM City Stock Exchange has announced the results of registration for the shares auction of Viet Nam Southern Food Corporation (Vinafood 2).

TT Group to become Vinafood 2’s strategic partner

Thursday, Feb 22, 2018

The industry-real estate-finance conglomerate T&T Group now has the highest chance to become the strategic partner of Viet Nam Southern Food Corporation (Vinafood 2), cafef.vn reported on Wednesday.

Criteria relaxed for Vinafood 2’s strategic investor selection

Tuesday, Feb 06, 2018

The Ministry of Agriculture and Rural Development has approved a new set of criteria to strategic investors for the Viet Nam Southern Food Corporation (Vinafood 2).

Vinafood 2 to offer 25% stake to strategic investors

Friday, Jan 05, 2018

Deputy Prime Minister Vuong Dinh Hue has approved the equitisation plan of Viet Nam Southern Food Corporation (Vinafood 2).

Deputy PM urges equitisation of Vinafood 2

Wednesday, Oct 18, 2017

Deputy Prime Minister Vuong Dinh Hue, has requested the Ministry of Agriculture and Rural Development (MARD) and the Ministry of Finance (MoF) to carry out the equitisation of Viet Nam Southern Food Corporation (Vinafood 2) in accordance with the approved...

Vinafood 2 to extend IPO

Wednesday, Jun 28, 2017

Deputy Prime Minister Vuong Dinh Hue has ordered the extension of initial public offering (IPO) and adjustment of value of enterprises for equitising Viet Nam Southern Food Corporation’s (Vinafood 2).

Vinafood 1 Flourmill offering 34% stake for sale

Thursday, Oct 20, 2016

Vinafood 1 Flour One Member Company Limited, a member of State-owned Vietnam Northern Food Corporation (Vinafood 1), will auction over 8.2 million shares, equivalent to a 34 per cent stake.

Government to retain 65% in Vinafood 2 after equitisation

Tuesday, Sep 06, 2016

The Viet Nam Southern Food Corporation (Vinafood 2) plans to equitise, selling a 35 per cent share to strategic investors and employees, Huynh The Nang, its general director, said.

Deal signed to provide loans for Mekong rice farmers, traders

Thursday, Jan 08, 2015

The HCM City Housing Development Bank (HDBank) and the Viet Nam Southern Food Corporation (Vinafood 2) signed an agreement on January 7 to provide loans to stakeholders involved in large-scale rice field projects in the Cuu Long Delta.