Government to sell stakes in 93 state-owned firms by 2020

The state-owned Vietnam Cement Industry Corporation wants to sell a long-delayed office tower it is building in Hanoi as it seeks to privatize.

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

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

Government officials are divided over the need for a law requiring all accommodation providers to get a license to sell liquor.

State-owned chemical group Vinachem, facing mounting pressure from debts, wants to sell a major fertilizer plant to pay them off.

The Asia Commercial Bank (ACB) has registered to divest its 10 percent stake in the Thuy Ta ice cream company.

French multinational investment bank and financial services company SocGen has divested its 20 percent stake in SeABank.

State-owned chemical group Vinachem is trying to retrieve investment and minimize losses from a half-built Lao potassium mine.

Vietnam’s State Capital Investment Corp (SCIC) raised VND7.37 trillion ($315.7 million) selling a 57.71 stake in Vinaconex on Thursday.

Japanese retail company AEON has closed its cooperation with Vietnamese shopping market chain Fivimart, a source has told VnExpress.

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).