State capital divestment faces pressure Business

State capital divestment faces pressure

Capital divestment from State-owned enterprises (SOEs) had slowed and was still facing difficulties, said Dang Quyet Tien, Director of the Corporate Finance Department under the Ministry of Finance.
Gov’t agencies blamed for lack of corporate transparency Business

Gov’t agencies blamed for lack of corporate transparency

The slow listing of post-equitisation firms, including State-owned enterprises (SOEs), may make Vietnamese firms less attractive regarding a lack of corporate transparency and government agencies managing those firms must be blamed for the problem.
FDI makes roads into mechanical engineering Business

FDI makes roads into mechanical engineering

A huge influx of foreign direct investment (FDI) is making its way into the fields of mechanical engineering, and manufacturing and processing, which are expected to fuel the supporting industry in the coming years if Vietnam issues effective policies, industry insiders have said.
Road show in Singapore, UK to seek Sabeco’s stake buyers Business

Road show in Singapore, UK to seek Sabeco’s stake buyers

A road show will be held in Singapore and the UK to seek potential buyers of stakes of the Sai Gon Alcohol-Beer-Beverage JSC (Sabeco) as the State’s divestment plan in the company is going to finish, said the Ministry of Industry and Trade (MoIT).
PM outlines State divestment of Vinalines Business

PM outlines State divestment of Vinalines

Prime Minister Nguyen Tan Dung has told Vietnam National Shipping Lines to divest entirely from nine seaports and companies and retain 20 percent in Hai Phong and Sai Gon seaports.
Business

Foreign firms eye M&A deals as SOEs equities

Foreign direct investment into Vietnam via mergers and acquisitions is on an upward trend, underlining the growing appetite among foreign companies to acquire stakes in existing companies as the fastest way to strengthen their foothold in the country, reported Vietnam Investment Review.