SOEs stakes may be sold at discount rates

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VietnamPlus English 8 hour(s) ago 1 related news

A draft regulation about allowing State-owned enterprises (SOEs) to sell stakes in non-core businesses at below the face value would be presented to the Prime Minister for approval.

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SOEs stakes may be sold at discount rates

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VietNam News English 11 hour(s) ago 1 related news

A draft regulation about allowing State-owned enterprises (SOEs) to sell stakes in non-core businesses at below the face value would be presented to the Prime Minister for approval.

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Corporate bond market seen improving this year

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VietnamPlus English 1 week(s) ago

Local enterprises raised around 450 billion VND from their bond issues via private placements in the first quarter of 2014, lower than the quarterly average of last year, but experts forecast the market could improve later this year, according to the Saigon Times Daily.

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Corporate bond market seen improving this year

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SaigonTimes English 1 week(s) ago

HCMC - Local enterprises raised around VND450 billion from their bond issues via private placement channels in the first quarter of this year, lower than the quarterly average of last year, but experts forecast the market could improve later this year.

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State to keep major stake in banks

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VietNam News English 1 month(s) ago

The state will remain the dominant stakeholder in State-owned banks and allow State-owned enterprises (SOEs) to divest from non-core businesses below the book value, according to newly-issued Government Resolution No 15/NQ-CP.

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VN wants to keep at least 65% equity in state-owned banks

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VietnamNet English 1 month(s) ago 1 related news

VietNamNet Bridge - Except Vietinbank, other State-owned commercial banks are not allowed to sell more than 35% of the shares. The government has also permitted State-owned corporations to divest from non-core business fields below the face value.

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Bank shares are very much in demand

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VietnamNet English 1 month(s) ago

VietNamNet Bridge – Despite the anticipated profuse supply, bank shares are believed to be sold well, once big domestic investors, including the powerful SCIC, have loosened the purse-strings.

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Government considers selling state’s capital at a loss

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VietnamNet English 4 month(s) ago

VietNamNet Bridge – The government may allow state owned economic groups and general corporations to sell stakes at the prices below the book value as a solution to accelerate the state owned enterprise (SOE) restructuring process.

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Singaporean bank withdraw funds from VPBank

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VietnamNet English 5 month(s) ago

Singaporean bank withdraw funds from VPBank

VietNamNet Bridge - VPBank has parted its only foreign strategic shareholder – Singaporean bank Oversea-Chinese (OCBC) after this partner sold all of its shares at VPBank (more than 85.8 million shares), equivalent to nearly 15 percent of the charter capital.

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Having no money, businesses issue shares to pay debts

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VietnamNet English 5 month(s) ago

Having no money, businesses issue shares to pay debts

VietNamNet Bridge – A lot of big debtors have issued shares recently to specific partners as a method to pay debts.

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Banks look to purchase finance companies

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VietNam News English 5 month(s) ago 2 duplicate news

A recent trend in the banking and finance industry is that commercial banks are looking to buy finance companies in an attempt to have "special tools" to facilitate their business activities.

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More localities resort to bond issuance

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SaigonTimes English 7 month(s) ago

HANOI, HCMC – Many localities have quickened issuance of bonds to raise funds for investment and construction projects.

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Bad debt settlement: do it yourself

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VietnamNet English 7 month(s) ago 1 duplicate news 1 related news

Bad debt settlement: do it yourself

VietNamNet Bridge – Even though the State Bank has released the two important legal documents which guide the bad debt purchases, analysts still don’t think the Vietnam Asset Management Company (VAMC) would be useful for the debt settlement.

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Canada issues coins for Superman's 75th

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Báo Tuổi Trẻ English 7 month(s) ago

Canada issues coins for Superman's 75th

Now that's a birthday present: Canada is honoring Superman with seven coins to mark the 75th anniversary of the iconic comic character's creation.

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Traders make a killing on banknotes before withdrawal

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Báo Tuổi Trẻ English 19 month(s) ago

Traders make a killing on banknotes before withdrawal

VND10,000 and VND20,000 paper banknotes are now offered for sale at prices up to four times higher than their face value following a recent announcement from the State Bank of Vietnam that the bills will be withdrawn from circulation from next year.

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