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Property investors rush to sell amid cash crunch

Property investors rush to sell amid cash crunch

Investors who have partly paid for properties are selling it back to the developer as they are neither able to keep paying the mortgage nor able to find a buyer.
VinaCapital buys 10.3% stake in Vietravel

VinaCapital buys 10.3% stake in Vietravel

Vietravel Holdings has sold 1.78 million shares of tourism company Vietravel, or a 10.3% stake, to investment fund VinaCapital.
December 28, 2022 | 06:32 pm PT
Novaland's biggest shareholder to sell 150 mln tickers

Novaland's biggest shareholder to sell 150 mln tickers

NovaGroup, the biggest shareholder of property developer Novaland, will sell 150 million Novaland shares (NVL) slated for Nov. 30-Dec. 29, it said Thursday.
November 25, 2022 | 12:37 am PT
Hoa Phat to start selling containers this year

Hoa Phat to start selling containers this year

Steelmaker Hoa Phat Group will start selling containers in the final quarter of this year.
March 5, 2022 | 12:30 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
HAGL to sell stake in agriculture subsidiary

HAGL to sell stake in agriculture subsidiary

The Hoang Anh Gia Lai Group will sell a 4.28 percent stake in subsidiary HAGL Agrico to restructure its debts.
December 29, 2020 | 06:30 pm PT
HAGL boss to sell 35 million shares to restructure loan

HAGL boss to sell 35 million shares to restructure loan

Chairman Doan Nguyen Duc of agricultural giant Hoang Anh Gia Lai (HAGL) will sell 35 million shares to restructure a company loan.
November 11, 2020 | 06:30 pm PT
South Korea's CJ CGV to sell stake in Vietnamese subsidiary

South Korea's CJ CGV to sell stake in Vietnamese subsidiary

Hit hard by Covid-19, CJ CGV will sell a 25 percent stake in a Vietnamese real estate subsidiary to improve its financial structure.
June 12, 2020 | 12:27 am PT
Private bank sells 500,000 Vingroup shares to recover its dues

Private bank sells 500,000 Vingroup shares to recover its dues

Half-a-million Vingroup shares pledged as collateral have been sold after a partner failed to repay its loan, the conglomerate’s owner says.
May 15, 2020 | 05:00 am PT
FLC Group puts central Vietnam zoo up for sale

FLC Group puts central Vietnam zoo up for sale

Private business group FLC has put up for sale its entire stake in Faros Zoo, a business it owns through a subsidiary.
November 4, 2019 | 05:02 pm PT
Saigon's old furniture market in business for 30+ years

Saigon's old furniture market in business for 30+ years

A District 8 neighborhood in Saigon collects old furniture from all over the southern region, repairs them and sells them anew.
October 30, 2019 | 05:36 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
Military Commercial Bank to sell stake to foreign investors

Military Commercial Bank to sell stake to foreign investors

Vietnam’s Military Commercial JSC (MBBank) is seeking to sell a 7.5 percent stake to one or more foreign investors this year.
July 15, 2019 | 12:43 am PT
Cement company wants to sell $60 mln office tower to shore up finances

Cement company wants to sell $60 mln office tower to shore up finances

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.
June 9, 2019 | 09:40 pm PT
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