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Vietnam prepares to prop up currency, ready to sell greenback

Vietnam’s central bank has said it is ready to sell dollars to shore up the dong if needed.

Banks race to offload expensive property as bad debt buyback looms

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

5-star hotels and booze: Lawmakers discuss license law

Government officials are divided over the need for a law requiring all accommodation providers to get a license to sell liquor.
April 24, 2019 | 08:18 am GMT+7

Vinachem wants to sell off sinking chemical plant to pay debts

State-owned chemical group Vinachem, facing mounting pressure from debts, wants to sell a major fertilizer plant to pay them off.
March 29, 2019 | 08:22 am GMT+7

ACB to divest from Thuy Ta Ice-cream firm

The Asia Commercial Bank (ACB) has registered to divest its 10 percent stake in the Thuy Ta ice cream company.
March 19, 2019 | 03:28 pm GMT+7

Global investment bank SocGen offloads SeABank stake

French multinational investment bank and financial services company SocGen has divested its 20 percent stake in SeABank.
March 13, 2019 | 07:57 pm GMT+7

Vinachem tries to sell Lao potassium mine

State-owned chemical group Vinachem is trying to retrieve investment and minimize losses from a half-built Lao potassium mine.
March 02, 2019 | 02:55 pm GMT+7

Vietnam's state-run SCIC raises $315.7 mln via Vinaconex stake sale

Vietnam’s State Capital Investment Corp (SCIC) raised VND7.37 trillion ($315.7 million) selling a 57.71 stake in Vinaconex on Thursday.
November 23, 2018 | 09:10 am GMT+7

AEON sells stake in Vietnamese supermarket chain

Japanese retail company AEON has closed its cooperation with Vietnamese shopping market chain Fivimart, a source has told VnExpress.
September 29, 2018 | 07:15 pm GMT+7

PAN Group sells 10 pct stake to Japan’s Sojitz

Vietnamese food and agriculture firm PAN Group Jsc has sold a 10 percent stake to Japan’s Sojitz at a price of VND61,000 ($2.61).
September 26, 2018 | 11:31 am GMT+7
 
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