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The Government Inspectorate announces MobiFone's wrongdoings in purchase of AVG’s shares

MobiFone’s violations and irresponsibility in the acquisition of a 95-per cent stake in Audio Visual Global JSC (AVG) may cause a serious loss of around VND7 trillion (US$308 million) to the State.

MobiFone and AVG cancel the US$391-million share transfer contract

On March 12, MobiFone Corporation (Mobifone) and Audio Visual Global JSC (AVG) signed the commitment on cancellation of the share transfer contract entered by the two firms in 2015.

Jardine Cycle & Carriage spent US$400 million on purchasing 36 million additional shares of Vinamilk

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.

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