Many mergers and acquisitions (M&A) opportunities are likely to open up for both local and foreign investors when the transport ministry sells its stakes in many corporations during the rest of this year.
The Vietnam National Shipping Lines, or Vinalines, repaid more than
VND1.4 trillion (US$64.2 million) worth of debts in the second quarter
of this year.
A new regulation on capital withdrawal,
share sale, trading and listing registration on the securities market
has been hailed as creating more favourable conditions for State-owned
enterprises (SOEs).
Total capital to be withdrawn from non-core
businesses at state-owned enterprises (SOEs) by the end of July might be
higher than projected. This statement was made by the Department of
Entrepreneurial Finance under the Ministry of Finance quoted by Viet Nam Economic Times.
