Vietnamplus

Up to 92 out of the 128 targeted state-owned enterprises (SOEs) must be equitised this year under the 2017-2020 equitisation plan approved by the government.

The Vietnam National Shipping Lines (Vinalines) will organise its general shareholders’ meeting in Quarter 2, officially changing its trading name to Vietnam Maritime Corporation (VIMC).

No State-owned enterprises (SOEs) gained approval for their equitisation plans in the first three months of 2019, according to the Ministry of Finance’s Corporate Finance Department.

As the stock market is experiencing strong volatility and shows little signs of strong recovery, the State may struggle to sell its stake in State-owned enterprises (SOEs) on schedule.

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.

Many State-owned enterprises (SOEs) are finding it difficult to seek strategic investors following equitisation and have decided to retain the shares or sell them to the public.

Many investors have shown their keen interest in the equitisation of the Vietnam National Shipping Lines (Vinalines) as the country’s biggest sea transport company plans to hold their initial public offering (IPO) in early September.

The Binh Son Refining and Petrochemical One Member Co Ltd (BSR), a subsidiary of PetroVietnam, pocketed nearly 54 trillion VND (2.37 billion USD) in revenue in the first six months of the year, accounting for 69 percent of the yearly plan.

The Vietnam National Shipping Lines (Vinalines) is scheduled to carry out its initial public offering (IPO) in August, according to the firm’s latest equitisation plan recently submitted to the Prime Minister for approval.

The Electricity of Vietnam (EVN) sold over 58 billion kWh of electricity in the first four months of 2018, representing a year-on-year rise of 10.59 percent.

The Vietnam Television Cable Corporation (VTVCab) will cancel its initial public offering (IPO) on April 17 as only one investor registered to attend the auction by the end of April 10, 2018 – the deadline for investors to sign up for the IPO.

The Vietnam National Chemical Group (Vinachem) has announced its equitisation and divestment plans for its member companies in 2018.

Trading of shares of the PetroVietnam Oil Corporation (PV Oil), Vietnam's second largest petrol distributor, officially started on the Unlisted Public Company Market (UpCOM) on the morning of March 7, more than one month after its initial public offering (IPO).

Vietnamese shares declined on March 1 after rising for four consecutive sessions, due to large-cap stocks underperforming as investors sold in pursuit of short-term profits.

The Vietnam National Shipping Lines (Vinalines) is seeking to make its initial public offering (IPO) in mid-2018, with an expected chartered capital of 630 million USD.

Four foreign investors from India, Thailand, the Republic of Korea and the Middle East registered to buy 36 percent of the charter capital at the Power Generation Corporation 3 (GENCO 3) to become its strategic investors.

Binh Son Refining and Petrochemical One Member Co Ltd (BSR), a subsidiary of PetroVietnam, sold 7.79 percent of its charter capital, equivalent to 241.5 million shares during its IPO on January 17.

The PetroVietnam Power Corporation (PV Power), a subsidiary of the Vietnam National Oil and Gas Group (PetroVietnam), will offer 20 percent of its shares in an initial public offering (IPO) on January 31.

The Power Generation Corporation 2 (EVNGENCO2) is taking necessary steps to conduct the first public offering (IPO) in June, according to newly-appointed Director General Truong Hoang Vu.

Deputy Prime Minister Vuong Dinh Hue has signed Decision No.16 approving the restructuring plan of the Vietnam National Chemical Group (Vinachem).