After record year for M&As, privatization to sustain Vietnam's deals blitz

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Báo Thanh Niên English 5 month(s) ago 3 related news

After record year for M&As, privatization to sustain Vietnam's deals blitz

Foreign firms are set to capitalise on Vietnam's privatization drive and buy into assets such as Vinamilk and Mobifone to gain exposure to its fast-growing economy this year, boosting M&A deals that already hit a record $4 billion in 2015.

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BUSINESS IN BRIEF 31/12

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VietnamNet English 5 month(s) ago

Foreign direct investment in HCM City surges 47 percent

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Vietnam government looks to sell stake in telco giant MobiFone

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Báo Thanh Niên English 5 month(s) ago

Vietnam government looks to sell stake in telco giant MobiFone

A file photo a MobiFone office in Ho Chi Minh City. Photo: Diep Duc Minh

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Sabeco to shut foreign investors out of new divestment plans: report

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Báo Thanh Niên English 5 month(s) ago

Sabeco to shut foreign investors out of new divestment plans: report

A Sabeco factory in the Mekong Delta province of Soc Trang. Photo credit: Bao Dau Tu

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Vietnam state firms point out challenges in gov’t privatization plan

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Báo Tuổi Trẻ English 5 month(s) ago 1 duplicate news

Vietnam state firms point out challenges in gov’t privatization plan

The implementation of a major plan to have most of the enterprises and corporations under its management go public is not as smooth as the Vietnamese Ministry of Industry and Trade has hoped.

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Aviation security must improve: Deputy PM

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VOV News English 5 month(s) ago 1 related news

Aviation security must improve: Deputy PM

Vietnam's civil aviation security needs to improve in the next five years to avoid mistakes that could lead to a tragedy, Deputy Prime Minister Hoang Trung Hai said on December 23.

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Vietnam Airlines to pick foreign strategic partner this month: media

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Báo Tuổi Trẻ English 5 month(s) ago

Vietnam Airlines to pick foreign strategic partner this month: media

Vietnam Airlines will complete all necessary procedures for the selection of a strategic foreign partner by the end of this month, so that the two parties can officially reach a deal early next year, a senior official of the national carrier said at a conference last week.

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Vietnam airport firm IPO rare bright spot in sluggish privatization drive

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VOV News English 6 month(s) ago 2 related news

Vietnam airport firm IPO rare bright spot in sluggish privatization drive

A US$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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Vietnam airport firm IPO rare bright spot in sluggish privatization drive

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Báo Thanh Niên English 6 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 6 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 6 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 6 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 6 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 7 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 7 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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