Nguyen Tam Tien, general director of Trungnam Group, affirms that the company has enough resources to build and operate renewable energy projects.
Due to financial difficulties, Phuong Nam Cultural Joint Stock Company will sell the remaining 7.5 per cent stake in CJ CGV Vietnam Company Limited, the largest film distributor and cinema operator in Vietnam, at the expected price of VND101 billion, equivalent to $4.34 million.
Under pressure to pay a $7-million debt and an $812,115 interest, Phuong Nam Culture JSC or PNC has to sell more than half of its shares held in CJ CGV Vietnam Co., Ltd.
The Government has decided to divest all of its 34.51 per cent stake in Hanoi Trade Corporation (Hapro) in the initial public offering (IPO) on this March 30.
The share prices of banks listed on bourse have risen sharply, having facilitated the divestment of state-owned companies.
The State will sell about 430 million shares in the Vietnam Airlines Corporation – JSC (Vietnam Airlines) to reduce its shareholding to 51 per cent of charter capital in the next three years.
Deputy Prime Minister Vuong Dinh Hue has approved the equitization plan of Hanoi Trade Corporation (Hapro) and Hapro's charter capital after equitization is estimated at VND2.2 trillion (US$97 million) accordingly.
VinaLand Limited (VNL) managed by VinaCapital Investment Management Ltd company (VinaCapital) has gained US$112 million since the beginning of 2017, after divesting of many real estate projects in Vietnam.
