Vietnam to auction new 4G spectrum as telecom speeds fall

HCMC will auction 15 'golden' land plots to attract large investors to develop the Thu Thiem New Urban Area and avoid state revenue losses.

The State Capital Investment Corporation will auction its entire 49.89 percent stake in prawn cracker maker Sa Giang Import-Export JSC.

Lawmakers have expressed concern that most build-transfer projects are awarded without open bidding, leading to losses for the state budget.

Le Pho’s "Nue" (Nude) fetched $1.4 million, the highest auction price ever for a Vietnamese painting, at a Christie’s session.

Vietnam will auction over 600 tons of coins, whose minting has been stopped for years now because of their lack of popularity.

Many banks are looking to sell mortgaged assets as they prepare to buy back bad debt from the state.  

American celebrity chef Martin Yan of cooking show Yan Can Cook came to Vietnam this week to raise funds for a children’s charity project.

VietinBank will sell its remaining 4.91 percent stake in Saigonbank next Friday via an auction, the Hanoi Stock Exchange announced.

The Van Loi Steel Mill, deserted for eight years, will be auctioned at 6.4 percent of its registered investment.

An oil on canvas painting by a HCMC artist fetched $100,000 at an auction to raise funds to combat HIV in Africa.

A HCMC company, whose prime land is set to be repossessed by the city on suspicion of corruption, has complained to the prime minister.

Vietnam should put all public land up for auction to increase transparency in resource management, National Assembly Chairwoman says. 

HCMC authorities are set to repossess and auction a 5,000-square-meter plot of prime land that had been sold illegally by local officials.