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Investor pays $300 million to acquire Vinaconex but still faces challenge ahead

An Quy Hung Company Limited is to mobilize over $300 million to pay the State Capital Investment Corporation, the current owner of Vinaconex before December 5 to aquire the leading real estate and construction firm.

Value of IPOs set a record on Vietnam stock market up to nearly $1 billion in the first quarter

The wave of equitization of large state-owned enterprises has pushed the value of IPOs on Vietnam's stock market to a record in the first quarter of this year.

Vinafood 2 sets out its equitization to offer 25 per cent stake for strategic investors

Viet Nam Southern Food Corporation (Vinafood 2) recorded a business loss in the first half of last year and is maintaining a long-term debt of VND3,770 billion (roughly US$166.26 million).

Agribank to sell Lifepro Vietnam’s assets at just US$16.4 million

On December 29, Agribank will auction assets related to Lifepro Vietnam Joint-Venture Company (Lifepro Vietnam) which has caused the loss of nearly VND2.500 trillion (US$110 million) and many staffs of Agribank's South Ha Noi branch to be imprisonment.