Vinalines holds roadshow for upcoming IPO Business

Vinalines holds roadshow for upcoming IPO

Vietnam National Shipping Lines (Vinalines) is welcoming all investors interested in becoming shareholders of the corporation during its initial public offering (IPO) scheduled for September 5 at the Hanoi Stock Exchange.
State Audit asks Sabeco to pay 111 million USD Business

State Audit asks Sabeco to pay 111 million USD

The State Audit of Vietnam has requested the Saigon Beer-Alcohol-Beverage Corporation (Sabeco) pay to the State budget nearly 2.5 trillion VND (110.9 million USD) worth of dividends, taken from the brewer’s undistributed profit for the period prior to 2016.
Three SOEs to hold March IPOs Business

Three SOEs to hold March IPOs

SOEs will make initial public offerings (IPOs) in March, floating 2.5 trillion VND (110 million USD) worth of stakes in the market in the second wave of SOEs IPOs in 2018.
Genco 3’s IPO ends with only 3 percent of shares sold Business

Genco 3’s IPO ends with only 3 percent of shares sold

Only 3 percent of a total of 267 million shares offered in the initial public offering (IPO) of Power Generation Corporation 3 (Genco 3) on February 9 were sold successfully, a poor result given the high market expectations before the sale.
PV Power sells over 468 million shares in IPO Business

PV Power sells over 468 million shares in IPO

The PetroVietnam Power Corporation (PV Power) sold all 468.37 million shares it offered at the initial public offering (IPO) at the Hanoi Stock Exchange on January 31, raising nearly 7 trillion VND (308 million USD).
Business

Contractors benefit from new bidding mechanism

There are high expectations the new bidding mechanism will make great strides in the difficult process of assessing and selecting high quality contractors, according to radio The Voice of Vietnam (VOV).
Business

Tender law offers value for contractors’ money

The National Assembly has adopted the Law on Tendering or the Law on Public Procurement, which is expected to encourage a more competitive environment for government bid packages. Le Net and Thai Huynh Ngoc Kim Ngan at LNT & Partners take some highlights on the document, passed on November 26, on Vietnam Investment Review.
PV Gas sells 60.97 million shares in IPO Business

PV Gas sells 60.97 million shares in IPO

PetroVietnam Gas Corporation (PV Gas) on November 17 sold 60.97 million shares worth 1.89 trillion VND at the Ho Chi Minh Stock Exchange (HOSE), falling short of plans to sell a 5 percent stake.
CPI in two biggest cities all up Business

CPI in two biggest cities all up

Ho Chi Minh City (HCMC) and Hanoi statistics offices reported an increase of 0.48 percent and 0.41 percent, respectively, in the consumer price index (CPI) in May over April.