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divestment
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Thuduc House sells stakes in divestment spree
Housing development corporation Thuduc House has sold stakes in three companies, and registered to divest from two others over the last six months.
Petrolimex eyes quick divestment from PGBank
Fuel distributor Petrolimex has hired a company to value its 40 percent stake in PGBank to enable its sale, its chairman has revealed without identifying the accounting firm.
Vietnam expects rebound in M&A activities next year
A strong revival in mergers and acquisitions is expected in the next two years, according to the Corporate Investment and Merger and Acquisition Center.
November 07, 2020 | 11:11 am GMT+7
Pandemic further slows privatization of state firms
The Vietnamese government’s plan to privatize 128 state-owned companies in 2017-2020 has fallen way behind schedule, with only 29 percent of them sold so far.
August 15, 2020 | 08:04 pm GMT+7
Heineken no longer a major shareholder of Sabeco
Dutch brewer Heineken sold over 5 million Sabeco shares Friday, bringing its stake in Vietnam’s biggest brewer Sabeco down to 4.32 percent.
November 15, 2019 | 11:47 pm GMT+7
Ex top official receives PM's warning for privatization violations
Former Vice Chairman of the Government Office Pham Viet Muon received an official warning on Wednesday for committing privatization and divestment violations.
August 22, 2019 | 09:50 pm GMT+7
Government to sell stakes in 93 state-owned firms by 2020
Vietnam plans to speed up its equitization program by selling stakes in 93 major state-owned companies by the end of 2020.
August 16, 2019 | 06:18 pm GMT+7
Vietnam privatization efforts bogged down in new rules
Vietnamese agencies have only equitized 35 of 127 enterprises with a 2020 deadline, and many are asking for more time.
July 10, 2019 | 11:19 am GMT+7
Deputy transport ministers disciplined for multiple violations
Three deputy ministers of transport and several other officials have been reprimanded or warned for equitization and divestment violations.
July 08, 2019 | 06:17 pm GMT+7
Keppel to sell 70 pct stake in Vietnam waterfront township
Singapore-based Keppel Corp will sell 70 percent stake in a waterfront township project to a Vietnamese investor for $100 million.
January 28, 2019 | 04:39 pm GMT+7
Vietnam needs privatization breakthrough in 2019: deputy PM
Vietnam needs to make a breakthrough this year in state divesting from enterprises, says Deputy Prime Minister Vuong Dinh Hue.
January 19, 2019 | 02:00 pm GMT+7
Vietnam’s leading oil retailer seeks multiple partners
Vietnam’s second-largest oil retailer, PV Oil, is seeking multiple buyers, instead of a single strategic investor, for a 44.72 percent stake.
December 20, 2018 | 08:28 pm GMT+7
M&A takes center stage in Vietnam’s foreign investment landscape
The finance, property, retail, and consumer goods sectors will continue to dominate mergers and acquisitions in Vietnam, experts say.
November 29, 2018 | 02:14 pm GMT+7
Logistics giant in divestment spree
Gemadept Corporation’s after-tax profit in H1 rose nearly 6.8 times year-on-year to VND1.55 trillion ($68 million), partly owing to stake divestments.
August 08, 2018 | 11:47 am GMT+7
EVN to hasten divestment, push power plant upgrades
Vietnam Electricity (EVN) will accelerate divestment from five power companies and pilot electricity connections at one thermal power plant this month.
August 07, 2018 | 08:10 am GMT+7
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