An Quy Hung Company Limited has paid the State Capital Investment Corporation, the previous owner of Vinaconex, over $316 million to acquire nearly 58 per cent of Vinaconex’s shares.
Vietnam's stock market has drawn a significant amount of capital from Korean investors and Korean fund management companies only have raised hundreds of millions of dollars to invest in Vietnam securities recently.
N.A Vietnam Motor Co Ltd (Vinamco), a subsidiary of businesswoman Nguyen Thi Nga’s BRG Group, is planning to become a strategic investor of Hanoi Trade Corporation (Hapro) in its share aution by this March.
State Capital Investment Corporation (SCIC) is expected to offer 29.51% of its shares in Binh Minh Plastics Joint Stock Company (BMP) for sale on March 9th.
Vietnam Posts and Telecommunications Group (VNPT) has registered to auction more than 71.5 million shares of Maritime Commercial Joint Stock Bank (Maritime Bank) in a single-batch sale on Hanoi Stock Exchange (HNX) by January 18, 2018.
Refrigeration Electrical Engineering Corporation (REE) and Ecology Developmentand Investment JSC, a subsidiary of Vingroup, have been named as qualified investors that will participate in the auction of a 51 per cent stake in Vinaconex Water Supply JSC (Viwasupco), which is owned by Vietnam Construction and Import - Export Corporation (Vinaconex).
A Singapore-listed Jardine Cycle and Carriage Ltd (JC&C) has bought 36 million additional shares of Viet Nam Dairy Products JSC (Vinamilk), increasing its total investment into Vinamilk to more than US$1 billion, it said in a statement on Thursday.
With the population of 90 million people who are swiftly adopting the new technologies and the rapid economic growth, Vietnam has many potentials to develop its smart cities, according to Roger Thomas Moyes, Project Director of the Mekong Business Initiative (MBI).
Up to three winners of the Smart City Innovation Challenge (SCIC) were cash prized and will be fast-tracked to the cities’ acceleration programs to help localize their solutions, thereafter securing projects if agreed milestones are met.
A foreign investor spent nearly VND9 trillion (roughly US$396.2 million) acquiring the entire 3.33 per cent of Vietnam Dairy Product JSC (Vinamilk)’s stakes, equaling 48.4 million shares from State Capital Investment Corporation (SCIC).
