The International Finance Corporation (IFC) recently announced its cooperation with An Phat Holdings (APH) and an expected investment of 20 million USD to fund APH’s first compostable material manufacturing plant in Vietnam and the largest of its kind in Southeast Asia.
The Ministry of Construction recently approved a plan to divest all State capital at Vietnam Urban and Industrial Zone Development Investment Corporation (IDICO).
Many Chinese funds are pouring capital into the Vietnamese stock market because of low valuations and further loosening of foreign ownership in the near future.
The PetroVietnam Ca Mau Fertiliser Co., Ltd. (PVCFC)’s total urea output reached the milestone 7 millionth tonne on September 13 after almost ten years of operations.
Microbiome, also referred to as the Second Genome, is a field that can be widely used for research on new drug development and treatment of incurable diseases as it can help analyze the relationship between the principle of the generation of beneficial bacteria and harmful bacteria and diseases.
Exchange-traded fund (ETF) SSIAM VN30 on August 18 officially listed 5.6 million shares, worth 56 billion VND (2.4 million USD), on the Ho Chi Minh City Stock Exchange (HOSE).
The Asian Development Bank (ADB) on June 19 said it has approved a 126 million USD loan to support the construction of a 15-km water transmission pipeline aimed at helping secure water supply for nearly 13 million residents in the Philippine capital region.
Banks, especially State-owned banks, are expected to increase their capital significantly this year as they are allowed to retain profits or pay dividend in shares instead of cash as previously.
The value of the Power Generation Corporation 2 (EVNGENCO 2), a subsidiary of Vietnam Electricity, has been determined at 46.1 trillion VND (2 billion USD) as of January 1, 2019, of which the real value of State capital is more than 26.6 trillion VND.
The Government’s plans to increase capital for large State-owned commercial banks in the first quarter of this year could be delayed due to the Covid-19 outbreak, analysts predicted.
The Vietnam Rubber Group - JSC (VRG) on March 17 moved 4 billion shares coded GVR listed on the Unlisted Public Company Market (UPCoM) to the Ho Chi Minh Stock Exchange (HoSE).
The Vietnam Rubber Group JSC (GVR) will move four billion of its shares listing on the Unlisted Public Company Market (UPCoM) to the Ho Chi Minh Stock Exchange (HoSE).
Thailand’s retail giant Central Retail (CRC) launched the country’s biggest ever initial public offering (IPO) on February 20, giving it a market cap of some 8.1 billion USD in a punt on a sputtering economy now hampered by the new coronavirus disease (COVID-19).
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