Industrial park giant Sonadezi plans to divest from subsidiaries
Dong Nai province-based industrial park developer Sonadezi has announced its intention to divest capital from member companies as part of its restructuring plan for the 2021-2025 period.
Industrial real estate - Mon, Dec 22, 2021 | 11:30 am GMT+7
Two Vinatea board members arrested for causing state asset losses
Dang Ngoc Cam and Nguyen Quoc Khanh, board members of Vietnam Tea Corporation JSC (Vinatea), have been detained for allegedly causing losses to state assets.
Society - Mon, Dec 22, 2021 | 11:30 am GMT+7
State capital management firm prepares four divestments
State Capital Investment Corporation (SCIC), which manages and invests state capital in enterprises, will organize four auctions this month to sell part of its stakes in four companies.
Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7
Energy giant Petrovietnam asked to deeply cut stake in PVcomBank by 2026
The Vietnamese government has required state-run Petrovietnam to reduce its holding in Hanoi-based PVcomBank to 15% from the current 52% before 2026 to focus on its core businesses.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
HDBank announces second divestment from budget carrier Vietjet
Vietnamese private lender HDBank has registered to sell another 8 million VJC shares of Vietjet in October, its second divestment from the low-cost airline this year, said the bank.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Retail giant Petrolimex successfully divests from PGBank
Petrolimex, Vietnam's biggest gasoline retailer in terms of market share, successfully sold all 120 million of its PGBank shares on Friday via an auction on the Ho Chi Minh Stock Exchange (HoSE).
Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7
PV GAS to sell entire PV PIPE stake
PetroVietnam Gas Joint Stock Corporation (PV GAS) plans to organise an auction on August 30 for its entire stake in PetroVietnam Steel Pipe Joint Stock Company (PV PIPE).
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Restaurant chain Golden Gate leaders divest capital
Golden Gate Trade And Service JSC (GoldenGate), a major developer and operator of full-service restaurants in Vietnam, has seen key leaders reduce their share ratio compared to the start of the year.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
State Bank approves Petrolimex's divestment from PG Bank
The State Bank of Vietnam has allowed Petrolimex to divest its entire 40% stake, or 120 million shares, in private creditor PG Bank.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Retail colossus Petrolimex fulfils 44% of yearly profit plan
Petrolimex, Vietnam's biggest gasoline retailer by market share, reported a profit before tax of VND1,340 billion ($57.8 million) in the first five months of 2022, hitting 44% of its entire year target.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Keppel Land to wholly divest from Flemington Investments for $98.6 mln
Keppel Land, the Singaporean-backed Keppel Corporation's wholly-owned subsidiary, is divesting its entire stake in Flemington Investments for $98.6 million.
Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7
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- Editor’s Picks
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No offshore wind projects in Vietnam until 2028: global council
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Vietnam-Singapore Industrial Park JV earns $67 mln profit in 2023
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Techcombank plans 10% stake issue to foreign strategic investors
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Vietnam central bank pumps cash to save troubled lender SCB
