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divestment

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Thaiholdings keeps selling stakes in companies

Thaiholdings keeps selling stakes in companies

After announcing divestment from a bank and an office building, construction and property company Thaiholdings has decided to sell 35 percent of real estate brokerage Thaihomes.
Vietnamese company seeks full divestment from LienVietPostBank

Vietnamese company seeks full divestment from LienVietPostBank

Vietnamese construction and real estate company Thaiholdings said it has registered to sell all 22.4 million shares of lender LienVietPostBank to restructure its portfolio.
November 2, 2021 | 03:53 am PT
Thuduc House sells stakes in divestment spree

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.
June 18, 2021 | 04:35 pm PT
Petrolimex eyes quick divestment from PGBank

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.
April 26, 2021 | 10:22 pm PT
Vietnam expects rebound in M&A activities next year

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 6, 2020 | 08:11 pm PT
Pandemic further slows privatization of state firms

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 | 05:04 am PT
Heineken no longer a major shareholder of Sabeco

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 | 08:47 am PT
Ex top official receives PM's warning for privatization violations

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 | 06:50 am PT
Government to sell stakes in 93 state-owned firms by 2020

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 | 03:18 am PT
Vietnam privatization efforts bogged down in new rules

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 9, 2019 | 08:19 pm PT
Deputy transport ministers disciplined for multiple violations

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 8, 2019 | 03:17 am PT
Keppel to sell 70 pct stake in Vietnam waterfront township

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 | 01:39 am PT
Vietnam needs privatization breakthrough in 2019: deputy PM

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 18, 2019 | 11:00 pm PT
Vietnam’s leading oil retailer seeks multiple partners

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 | 05:28 am PT
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