IPO to look out for: VRG’s mega-land bank

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Báo Đầu Tư English 1 month(s) ago

With a massive land fund, Vietnam Rubber Group (VRG) is a name many investors pay close attention to. However, due to its huge capitalisation, VRG has yet to select a strategic investor, although there are only a few days until its initial public offering (IPO).

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Equitisation of Sông Đà Corp approved

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Báo Đầu Tư English 1 month(s) ago

The Prime Minister has given the green light to the equitisation plan for Sông Đà Corporation.

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PM approves equitization plan for Song Da Corporation

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Báo điện tử CP English 1 month(s) ago

VGP – The PM has approved the equitization plan for the parent company – Song Da Corporation in the form of selling part of the existing State capital and issuing shares to increase the corporation’s charter capital.

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PM attends business roundtable in Tokyo

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Báo điện tử CP English 1 month(s) ago

VGP – PM Nguyen Xuan Phuc partook in a roundtable with Japanese big groups, enterprises, and venture funds during his official visit to the Land of the Rising Sun on June 5.

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Loss-making shipping company turns down real estate investors

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Báo Đầu Tư English 2 month(s) ago

Despite continuous losses for many years, Northern Shipping Joint Stock Company (Nosco, ticker NOS on UPCoM) attracts many investors due to its abundant land reserves.

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VinaCapital divestment bout continues with $11 million deal

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Báo Đầu Tư English 2 month(s) ago

The Ho Chi Minh City Stock Exchange (HOSE) just announced that three of VinaCapital’s foreign investment funds have recently sold more than 29.4 million shares of Quoc Cuong Gia Lai Joint Stock Company (QCG).

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Novaland expects record revenue in 2017

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Báo Đầu Tư English 3 month(s) ago

Nova Real Estate Corporation (Novaland), one of the leading property developers in Vietnam is targeting a revenue of VND17.528 trillion ($773 million) for the whole year of 2017.

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Hapro shopping for strategic investor

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Báo Đầu Tư English 4 month(s) ago

State-owned Hanoi Trade Corporation (Hapro), operator of a chain of supermarkets and convenience stores and owner of many land plots and properties at prime locations in the city, is looking for a strategic investor to buy over half of its shares.

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Housing, land prices rocketing in HCMC suburbs

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SaiGon GP English 4 month(s) ago

Housing and land prices have quickly increased recently in Hoc Mon and Binh Chanh districts because there is information that the two rural districts will be developed into urban districts.

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Big sell-off in VinaCapital’s recent real estate strategy

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Báo Đầu Tư English 5 month(s) ago

VinaCapital-owned funds have divested from a number of real estate assets in Vietnam, supposedly including the long-held Sofitel Legend Metropole Hanoi Hotel, as the investment firm restructured its strategy.

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Top former Trust Bank officials arrested

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Báo Đầu Tư English 6 month(s) ago

Seven former officials of Dai Tin Bank (Trust Bank), including former chairman of its board of directors and general director, were arrested and put under temporary detention on Tuesday.

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VRG to open domestic rubber trading floor

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SaiGon GP English 7 month(s) ago

Deputy Prime Minister Truong Hoa Binh ordered the Vietnam Rubber Group (VRG) to coordinate with other relevant agencies to establish rubber trading floor in the country.

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Housing land prices increase 20-40 percent in HCMC

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SaiGon GP English 7 month(s) ago

Housing land offer price last year jumped up 20-40 percent over the previous year in many districts of HCMC especially Thu Duc, Binh Tan, District 9 and 12, said Commercial Real Estate Services Company on January 4.

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VN-Japan company opens big warehouse in Binh Duong

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SaiGon GP English 7 month(s) ago

New Land Vietnam – Japan Joint-Stock Company (New Land VJ JSC) has opened a two-hectare warehouse at the Binh An Textile and Garment Industrial Park in Di An town of Binh Duong province.

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Property inventory value reduced

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Báo Đầu Tư English 8 month(s) ago

Total value of property inventory nationwide has reduced in the first 11 months of this year, according to the Ministry of Construction.

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