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Dung Quat Oil Refinery plant

Foreign funds suffer losses after acquiring shares of State-owned enterprises

Many state-owned enterprises’ shares, which were listed on bourse, have fallen sharply after these enterprises had conducted their IPOs successfully.

Binh Son Refining and Petrochemical’s IPO obtains over US$245 million

Domestic and foreign investors have paid an average price of VND23,000 (US$1.01) per share, 56 per cent higher than the initial price of VND14,600 (US$0.64) offered in the auction.

The equitization plan of BSR, PVOil and PV Power approved

The equitization plan of three subsidiaries of Vietnam Oil and Gas Group (PetroVietnam), namely Binh Son Refining and Petrochemical Company Limited (BSR), PetroVietnam Oil Corporation (PVOil) and Electricity Corporation Vietnam Petroleum (PV Power), has been approved.

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