Construction giant Vinaconex plans rights issue, capital base hike in 2024

Construction giant Vinaconex plans rights issue, capital base hike in 2024

Vinaconex, among Vietnam’s top construction companies, plans to issue nearly 120 million shares to existing shareholders at VND10,500 ($0.41) apiece this year.

Companies - Thu, April 25, 2024 | 3:03 pm

Vinaconex ITC wants to transfer part of northern Vietnam urban-tourism project

Vinaconex ITC wants to transfer part of northern Vietnam urban-tourism project

Vinaconex Investment and Tourism Development JSC (Vinaconex ITC) plans to sell part of its Cat Ba Amatina urban-tourism project on Cat Ba archipelago in Cat Hai district, Hai Phong city.

Real Estate - Mon, March 18, 2024 | 9:59 am

Construction major Vinaconex to build $257 mln industrial park in Hanoi

Construction major Vinaconex to build $257 mln industrial park in Hanoi

Construction and real estate corporation Vinaconex will develop the Dong Anh Industrial Park in Hanoi at a cost of VND6.34 trillion ($256.6 million).

Infrastructure - Wed, March 6, 2024 | 4:54 pm

China’s Pacific Construction to build $2.65 bln metro line in Hanoi

China’s Pacific Construction to build $2.65 bln metro line in Hanoi

China Pacific Construction Group (CPCG), one of China's largest private corporations in the field of transport infrastructure, has partnered with Vietnam Construction and Import-Export JS Corporation (Vinaconex) on two major infrastructure projects totaling VND85 trillion ($3.46 billion) in Hanoi, including a $2.65 billion metro line.

Infrastructure - Fri, January 19, 2024 | 10:55 am

Major developer Vinaconex withdraws from $451 mln tourism project in northern Vietnam

Major developer Vinaconex withdraws from $451 mln tourism project in northern Vietnam

Vinconex has withdrawn from the VND11 trillion ($451.3 million) Cat Ba Amatina tourism project in Hai Phong city, which has its subsidiary Vinaconex ITC as the main investor.

Real Estate - Mon, October 9, 2023 | 4:48 pm

Construction giant Vinaconex seeks 70% rise in 2023 net revenue

Construction giant Vinaconex seeks 70% rise in 2023 net revenue

Construction and real estate corporation Vinaconex has targeted VND16.3 trillion ($695 million) in consolidated net revenue this year, a rise of 70% from 2022.

Companies - Sun, April 16, 2023 | 10:44 am

Vinaconex's biggest shareholder plans 19.6 million share sale

Vinaconex's biggest shareholder plans 19.6 million share sale

Pacific Holdings Investment JSC, the biggest shareholder of construction and real estate corporation Vinaconex, has registered to sell 19.6 million VCG shares, reducing its ownership to a 56.19% stake.

Companies - Fri, March 31, 2023 | 8:31 am

Construction heavyweight Vinaconex doubles profit to $45 mln in 2022

Construction heavyweight Vinaconex doubles profit to $45 mln in 2022

Construction and real estate corporation Vinaconex recorded an after-tax profit of VND1,049 billion ($44.74 million) in 2022, up 101% year-on-year, fulfilling 75% of its target.

Companies - Tue, January 31, 2023 | 8:45 pm