Japanese lender aims to buy into OCB

Friday, Jan 10, 2020

The deal is expected to be worth about 15 billion Japanese yen (US$139 million).

Central bank brings cheer to businesses ahead of festive season with rate cuts

Monday, Nov 25, 2019

The central bank’s decision to lower the interest rates by 0.2-0.5 percentage points on November 19 is a happy augury for businesses.

Sharp rises in Q2 corporate earnings come from asset sales

Thursday, Jul 25, 2019

A number of listed companies have reported sharp increases in their quarterly profits as they have performed well in selling stakes in sub-units and projects.

State’s divestment plan set for failure

Monday, Oct 29, 2018

As the stock market is experiencing strong volatility and shows little signs of strong recovery, the State may struggle to sell its stake in State-owned enterprises (SOEs) on schedule.

State fund and Viettel to offload entire holding at Vinaconex

Friday, Oct 26, 2018

The State Capital Investment Corporation (SCIC) and Military-run telecoms group Viettel have decided to offload their entire stakes, collectively at 79 per cent, in the Viet Nam Construction and Import-Export Joint Stock Corporation (Vinaconex).

Viglacera eyes stake cuts in sub-units

Thursday, Aug 23, 2018

State-owned glass and ceramics producer Viglacera has announced it aims to complete selling stakes in several of its subsidiaries by the end of this year.

SBV tries to extend divestment deadline for small banks

Monday, Jun 25, 2018

The State Bank of Viet Nam has sought the Government’s permission to allow credit institutions more time to sell their stakes in other lenders since many smaller ones are struggling to do so.

Phuong Nam Cultural plans to sell stakes

Wednesday, Jun 13, 2018

Phuong Nam Cultural Joint Stock Corporation has proposed a plan to shareholders to sell its stakes in CJ CGV Vietnam Co. Ltd, which operates Viet Nam’s largest multiplex cinema, CGV.

Grab-Uber deal may be illegal: VCA

Thursday, May 17, 2018

Grab’s acquisition of Uber could have violated the Competition Law, said officials of the Viet Nam Competition Authority (VCA) under the Ministry of Industry and Trade, adding that they might begin an official investigation.

MoIT investigates Grab’s Uber buy

Tuesday, Apr 17, 2018

Vietnam Competition Authority (VCA), under the Ministry of Industry and Trade, has decided to conduct a preliminary investigation into Grab’s purchase of Uber’s stakes in Viet Nam.

Itochu pays US$47mn to raise stake in Vinatex

Wednesday, Apr 04, 2018

Itochu, Japan’s second-largest trading company, has spent some five billion yen (US$46.9 million) to buy an additional 10 per cent equity in Viet Nam National Textile and Garment Group (Vinatex).

SCIC sells stakes in 13 companies

Tuesday, Jun 06, 2017

The State Capital Investment Corporation (SCIC) has successfully sold its stakes in 13 companies in the first five months of this year to collect VND148 billion (US$6.5 million).

PENM IV Germany seeks higher stakes in Hoa Phat Group

Wednesday, Mar 08, 2017

PENM IV Germany GmbH & Co KG is seeking to purchase another 5.5 million shares of Hoa Phat Group (HPG) in an attempt to raise its stakes in the company’s profit-making potential.  

Foreigners eager to buy, but Government slow to respond

Friday, Oct 07, 2016

Foreign investors are eager to buy stakes in Government-owned enterprises in Viet Nam, but have come up against a lack of transparency in the firms'' information disclosure, as well as red tape, CEOs from financial firms said.

Dream House to up stake in mineral firm

Friday, Jul 29, 2016

The board of directors of Dream House Investment Corporation (DRH) has approved a plan raising its stakes in Binh Duong Mineral & Construction Co (KSB) to at least 51 per cent, the company announced Wednesday.