Five initial public offerings (IPO) and four auctions of State-owned
shares held on the Ha Noi Stock Exchange in September concluded with 100
per cent of stakes for sale sold, the northern exchange reported.
Thong Nhat Production and Investment Joint Stock Company (GTN) plans to acquire a 75 per cent of stake in the State-owned Vietnam National Tea Corporation, or Vinatea.
State utility Viet Nam National Tea Corporation will launch an IPO within three months under an equitisation plan newly adopted by Prime Minister Nguyen Tan Dung.