Nearly 9.6 trillion VND (417.3 million USD) worth of bad debts were handled each month from August 15, 2017 to August 31, 2019, or 4.7 trillion VND higher than that during the 2012 – 2017 period.
The new budget carrier Bamboo Airways plans to list 400 million shares on Ho Chi Minh City Stock Exchange or Hanoi Stock Exchange in January 2020 at the earliest.
Since 2016, the equitisation and divestment have been carried out at 35 out of 127 State-owned enterprises (SOEs), equivalent to 27.5 percent, while 88 out of 405 firms have completed divestment.
The State Capital Investment Corporation (SCIC) successfully sold capital in 999 enterprises as of June 30, said Deputy General Director Le Song Lai during a conference in the central province of Nghe An on July 17.
The national flag carrier Vietnam Airlines reported a total revenue of over 51.6 trillion VND (2.24 billion USD) in the first half of this year, up 5.5 percent year-on-year.
The Vietnam Electricity National Power Transmission Corporation (EVNNPT) and the US Embassy in Vietnam held a seminar in Hanoi on May 30 to discuss opportunities in Vietnam’s power transmission development.
The Vietnam Maritime Commercial Joint Stock Bank (MSB) is planning to list its shares on the Ho Chi Minh Stock Exchange (HoSE) in the third quarter of 2019.
Real estate and retail giant Vingroup plans to sell 250 million private shares to a maximum of five foreign investors in the remaining months of the year.
Leaders of the State Bank of Vietnam (SBV) and commercial banks have asked the government to promptly handle capital increase for State-owned commercial banks.
The Vietnam Bank for Agriculture and Rural Development (Agribank) has been recently named in the top 500 strongest banks (AB500) in Asia-Pacific by the Asian Banker.
The Civil Aviation Authority of Vietnam (CAAV) announced on January 8 that it has presented an Aircraft Operator Certificate (AOC) to Bamboo Airways, allowing the airline to begin commercial flights.
Food producer KIDO Group has raised its foreign ownership cap from 49 percent to 100 percent, according to a proposal approved recently by the State Securities Commission (SSC).
The Asian Commercial Joint Stock Bank (ACB) has announced a plan to issue 2.2 trillion VND (94.4 million USD) worth of non-convertible bonds by the end of 2018.
Viettel Global Investment JSC, a subsidiary of Viettel Military Industry and Telecoms Group, reported revenue of 4,428 billion VND (188.6 million USD) and profit of 1,342 billion (57.1 million USD) in the third quarter of 2018, increases of 5 and 8 percent year-on-year.
State-owned shipping firm Vietnam National Shipping Lines (Vinalines) will trade 5.4 million shares on the Unlisted Public Company Market (UPCoM) on October 8, announced by the Hanoi Stock Exchange.
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.
The Orient Commercial Joint Stock Bank (OCB) has successfully issued shares worth more than 900 billion VND (over 39.6 million USD) to increase its chartered capital.
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