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Vietnam's top food firm Vissan raises $41 mln in heavily oversubscribed IPO
Leading food processor Vissan sold out on its market debut with both domestic and foreign investors keen to get a piece of the action.
State investment firm SCIC earns $46 million from bank deposits
The State Capital Investment Corporation (SCIC) earned over VND1 trillion ($46 million) from bank deposits last year, its corporate financial statement showed.
Vietnam’s second largest telecommunications group to divest stakes in 50 enterprises
Vietnam Posts and Telecommunications Group (VNPT) will lower its stakes in 50 companies, funds and banks in pursuance of a new decree issued by the government.
April 7, 2016 | 10:21 pm PT
Vietnam targets GDP growth of 7 percent over next 5 years
Vietnam expects average economic growth of 6.7 percent – 7 percent in the next five years, said the National Assembly on Tuesday in a resolution on the 2016–2020 socio-economic development plan.
April 12, 2016 | 01:12 am PT
Privatization quickens as investors lay eyes on "golden land"
Vietnam has managed to privatize, both partially and wholly, 34 state-owned enterprises (SOEs) during the first four months of this year, according to a report by the Steering Committee of Business Development and Reform.
May 12, 2016 | 05:19 am PT
Vietnam extends budget deficit to $3 billion from Jan-May
Vietnam ran a budget deficit of VND66.4 trillion ($2.96 billion) in the first five months of this year, according to the General Statistics Office.
May 30, 2016 | 04:08 am PT
Vietnam to retain state control of enterprises in national security and defense
Vietnam is trying to accelerate share sales in state-owned enterprises (SOEs) that began in the 1990s as the government seeks to spur economic growth to 6.7 percent this year. However, it will retain control of critial lifeline industries including enterprises in national security and defense.
June 3, 2016 | 02:52 am PT
Privatization helps Vietnamese contractors compete with foreign players
Vietnamese companies in the infrastructure sector have more chance to win projects funded by official development assistance loans after they have been either partly or wholly privatized.
June 9, 2016 | 08:47 pm PT
Vietnamese shipping firm Vinalines sells boats to stay afloat
Vinalines, Vietnam’s largest state-owned shipping firm and port operator, has been forced to put six ships up for sale as the global shipping crisis takes its toll, the shipping firm said in a document sent to the Ministry of Transport.
June 10, 2016 | 12:57 am PT
Vietnam looks to divest from all agricultural SOEs by 2017
As Vietnam integrates more into the global market, Vietnamese farmers will need to expand their businesses to compete with foreign rivals, and that, of course, requires land.
June 10, 2016 | 03:30 am PT
Vietnam strategizes to be a start-up nation
Vietnamese government's recent business policy starts to pivot around small and medium enterprises instead of large conglomerates as the country targets to have one million start-ups by 2020.
June 14, 2016 | 02:25 am PT
Vietnam shifts to domestic funding to finance public spending
With the country hitting middle-income status, overseas credit is drying up.
July 18, 2016 | 04:51 pm PT
Vietnam tries to find its feet in world of free trade
New-generation free trade pacts will force Vietnam to wake up and shake up.
July 21, 2016 | 01:41 am PT
Vietnam plans stake-sell-off from giant construction conglomerates
Privatization is helping firms to build, literally, while raising cash for the state coffers.
July 24, 2016 | 11:27 pm PT
Vietnam’s rapidly growing retail industry partially offsets economic slowdown
The rising middle class has been attracting foreign retail giants to Vietnam.
August 6, 2016 | 12:25 am PT
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