CNG Viet Nam plans to sell stake in PVS Gas as part of restructuring

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VietNam News English 1 day(s) ago

CNG Viet Nam planned to divest all of its holdings in PV Gas (GAS) next month, selling 100,000 GAS shares with the aim of restructuring its investment portfolio, the company announced.

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State Bank package fires property market

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VietNam News English 24 hour(s) ago

Property developers are beginning to sell apartments in anticipation of the State Bank's credit package of VND30,000 billion (US$1.5 billion) for builders, the Sai Gon Giai Phong ( Liberated Saigon) newspaper reported.

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Viet-Han Corporation executives register to sell 12.28% stake

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VietNam News English 1 day(s) ago

Two executives of Viet-Han Corporation, a communications equipment manufacturer listed on the HCM City exchange, plan to sell a large volume of company shares over the next two months.

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Vietnam’s banks to sell bad debt to asset management company

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Báo Thanh Niên English 3 day(s) ago

Vietnam’s banks to sell bad debt to asset management company

Vietnam will force banks to sell bad debt to a soon-to-be established asset management company, according to State Bank of Vietnam Chief Inspector Nguyen Huu Nghia, as the government steps up efforts to revive the economy.

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Asset management body to be set up in bid to tackle debt

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VietNam News English 3 day(s) ago

The Viet Nam Asset Management Company (VAMC) will be established later this month, said member of the National Financial and Monetary Policy Advisory Council Le Xuan Nghia.

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Stock markets fail to retain gains

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VietNam News English 4 day(s) ago 1 related news

Stock markets fail to retain gains

Shares reversed Monday's gains to tumble on both national stock exchanges yesterday.Despite a few sessions of rallying due to reduced interest rates and the upcoming establishment of the nation's asset management company, investors may start to follow the "sell in May and go away" strategy.

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Farmers sell 97% of fruit via traders

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SaigonTimes English 6 day(s) ago

CAN THO – Fruit sales at home and abroad are rising steadily and a survey indicates farmers in the Mekong Delta sell a mere 2.5% of their fruits directly to exporting businesses.

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Philippines stops buying live shrimp from Vietnam on disease fears

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Báo Thanh Niên English 1 week(s) ago 1 related news

Philippines stops buying live shrimp from Vietnam on disease fears

Shrimp farmers in Cau Ngang town in the Mekong Delta province of Tra Vinh prepare shrimp to sell to export firms

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SBV to offer 10 more tons of gold

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SaigonTimes English 1 week(s) ago 2 related news

HCMC – A leader of the State Bank of Vietnam (SBV) on Monday confirmed that the precious metal will continue to be launched onto the market until people’s gold demands are met, saying that SBV is preparing to sell 10 more tons of gold in the future.

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Vinalines fails to sell debt-laden ships

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SaigonTimes English 1 week(s) ago

HCMC – Vietnam National Shipping Lines (Vinalines) in the first quarter was able to sell only three out of 23 ships put up for sale as the firm is still struggling with debts related to those ships.

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Vietnam pays heavy price for uncontrolled gold mobilization

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VietnamNet English 2 week(s) ago 1 related news

Vietnam pays heavy price for uncontrolled gold mobilization

VietNamNet Bridge – For a long time, commercial banks absorbed in mobilizing gold and lending in gold, and selling the mobilized gold for money to lend for higher interest rates. The spontaneous activities have generated big consequences that will take a long time to settle.

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Gold price gap creates fertile land for illegal imports

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VietnamNet English 3 week(s) ago 1 related news

Gold price gap creates fertile land for illegal imports

VietNamNet Bridge – The record big gap between the domestic and international gold prices has prompted speculators to import gold to sell domestically for profit.

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Vinacafé to sell headquarters, other assets to repay debts

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Báo Thanh Niên English 1 month(s) ago

Vinacafe to sell headquarters, other assets to repay debts

Photo courtesy of Vinacafé

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Cement manufacturers want to sell themselves to foreigners

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VietnamNet English 1 month(s) ago 1 related news

Cement manufacturers want to sell themselves to foreigners

VietNamNet Bridge – About 20 percent of Vietnamese cement enterprises have been put on the brink of bankruptcy. The solution they most think of now is to sell themselves to foreign investors who would pump money to clear debts and restructure enterprises.

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Navigos Group to sell 90 pct stake to En-Japan Inc

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Báo Thanh Niên English 1 month(s) ago

Navigos Group to sell 90 pct stake to En-Japan Inc

Vietnamwork, a jobs website owned by Navigos Group

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