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Viet Nam Southern Food Corporation

Equitisation doesnt necessarily mean a better future for SOEs

Equitisation doesn't necessarily mean a better future for SOEs

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

Vinafood 2 not to pay 2019 dividends

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

Vinafood 1, 2 win bid to supply rice to Philippines

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

Vinafood 2 to supply rice for Philippine firm

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

Vinafood 2 IPO sells entire share offering

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

41 investors eye stakes at Vinafood 2

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 2s strategic partner

TT Group to become Vinafood 2’s strategic partner

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 2s strategic investor selection

Criteria relaxed for Vinafood 2’s strategic investor selection

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

Vinafood 2 to offer 25% stake to strategic investors

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

Deputy PM urges equitisation of Vinafood 2

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

Vinafood 2 to extend IPO

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).
Government to retain 65% in Vinafood 2 after equitisation

Government to retain 65% in Vinafood 2 after equitisation

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

Deal signed to provide loans for Mekong rice farmers, traders

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.
Mekong Delta rice producers to plant more certified seeds

Mekong Delta rice producers to plant more certified seeds

The Cuu Long (Mekong) Delta Rice Research Institute plans to double the area of rice fields using certified seeds in the next two to three years.
State-owned Food Corporation suffers million-dollar losses

State-owned Food Corporation suffers million-dollar losses

Half of Viet Nam Southern Food Corporation''s (Vinafood 2) affiliates suffered a combined loss of around VND450 billion, or US$21.43 million, last year.