Vietnam airport firm IPO rare bright spot in sluggish privatization drive

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Báo Thanh Niên English 2 month(s) ago 2 related news

Vietnam airport firm IPO rare bright spot in sluggish privatization drive

A $1.2 billion airports operator going public in a country with one of the world's fastest growing air travel markets proved an attractive deal for foreign investors, who have largely shunned Vietnam's privatization drive due to the meagre stakes on offer.

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Saigon Railway Station pulls in $3.2 million at IPO

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VietnamNet English 2 month(s) ago 1 related news

Saigon Railway Station pulls in $3.2 million at IPO

Saigon Railway Station sold over 7.21 million shares to 20 investors at its initial public offering (IPO) on December 7, equal to 14.33 per cent of its charter capital.

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Transport Ministry sets investment rules for Airports Corporation of Vietnam

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VietnamNet English 2 month(s) ago 1 related news

Transport Ministry sets investment rules for Airports Corporation of Vietnam

The Ministry of Transport has set criteria for the Airports Corporation of Viet Nam, whose equitisation process is underway, to select strategic investors.

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State construction firm Lilama disappoints with IPO

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Báo Thanh Niên English 2 month(s) ago

State construction firm Lilama disappoints with IPO

Lilama Corporation, a state-owned contractor for many large power plants in Vietnam, ended its initial public offering on Thursday in a negative note, raising only 1.5 percent of its funding target, local media reported.

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Vietnam’s airport operator to sell 77.8 million shares in IPO in December

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Báo Tuổi Trẻ English 3 month(s) ago

Vietnam’s airport operator to sell 77.8 million shares in IPO in December

The state firm that runs 22 airports across Vietnam is set to go public next month, with 77.8 million shares allocated for sale during an initial public offering (IPO), the company said on Thursday.

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Vietnam to sell 49 percent stake in construction firm Lilama

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Báo Thanh Niên English 3 month(s) ago

Vietnam to sell 49 percent stake in construction firm Lilama

State-owned company Lilama Corporation will have an initial public offering later this month and then look for up to three strategic investors, aiming to raise around VND740 billion (US$32.6 million), local media reported.

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Vietnamese lawmakers against gov’t plan to write off debts of state-run firms

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Báo Tuổi Trẻ English 3 month(s) ago

Vietnamese lawmakers against gov’t plan to write off debts of state-run firms

Many deputies of the lawmaking National Assembly of Vietnam have told local media that they disapprove of a government plan to write off debts incurred by inefficient state-owned enterprises (SOEs).

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Poland's eurosceptic conservatives win national vote

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VOV News English 3 month(s) ago

Poland's eurosceptic conservatives win national vote

Poland's eurosceptic opposition conservatives, the Law and Justice party (PiS), won October 25's general election, preliminary official results showed on October 26, as the country shifted towards nationalism and left-leaning economics.

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Vietnamese logistics sector needs big revamp after landmark trade deal conclusion

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VOV News English 4 month(s) ago 1 related news

Vietnamese logistics sector needs big revamp after landmark trade deal conclusion

Vietnam's logistics industry has many opportunities to develop and engage more deeply in the world’s with the future signing of the Trans-Pacific Partnership (TPP) trade agreement, to which the Southeast Asian country is party.

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Vietnamese logistics sector needs big revamp after landmark trade deal conclusion

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Báo Tuổi Trẻ English 4 month(s) ago 1 related news

Vietnamese logistics sector needs big revamp after landmark trade deal conclusion

Vietnam’s logistics industry has many opportunities to develop and engage more deeply in the world’s with the future signing of the Trans-Pacific Partnership (TPP) trade agreement, to which the Southeast Asian country is party.

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Vietnam gov’t says selling shares in firms to build new hospitals

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Báo Đầu Tư English 4 month(s) ago

Vietnam gov’t says selling shares in firms to build new hospitals

The money to be earned from the government's divestment in ten enterprises will be prioritized for investment in the healthcare sector, a Ministry of Finance official said Wednesday.

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Vietnam gov’t says selling shares in firms to build new hospitals

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Báo Tuổi Trẻ English 4 month(s) ago

Vietnam gov’t says selling shares in firms to build new hospitals

The money to be earned from the government's divestment in ten enterprises will be prioritized for investment in the healthcare sector, a Ministry of Finance official said Wednesday.

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PM names four key measures to make Vietnam attractive to foreign investors

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Báo Tuổi Trẻ English 4 month(s) ago 1 related news

PM names four key measures to make Vietnam attractive to foreign investors

Vietnam always welcomes stable and long-term investments from foreign businesses and is taking four key measures to increase its attractiveness in international investors’ eyes, Prime Minister Nguyen Tan Dung has asserted.

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Vietnam prime minister encourages foreign investment in state companies

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Báo Thanh Niên English 4 month(s) ago

Vietnam prime minister encourages foreign investment in state companies

Prime Minister Nguyen Tan Dung speaks at the Vietnam Global Investment Forum in Hanoi on September 30, 2015. Photo credit: government website

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Vietnam signals strong will in selling biggest state firms

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Báo Thanh Niên English 5 month(s) ago

Vietnam signals strong will in selling biggest state firms

A sea change may be coming to Vietnam's business climate as the state investment arm has made public its intention to completely privatize one of the biggest companies in the country, signaling a quickening of a decades-long share sale program.

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