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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.

VNPT sells loss-making financial company

Poor results have led to parent company VNPT’s decision to hold an auction for the Post and Telecommunication Finance Company limited (PTF) on February 1, 2018, with the starting price of VND500 billion (roughly US$22.05 million).

VNPT to sell 71.5 million Maritime Bank shares at US$0.52 each

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.

Viglacera auctions 120mn shares

May 29 auction attracts 1,026 investors, with sale price averaging VND16,175 ($0.71).

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Stock indexes
HOSE HNX VN30 UPCOM
1,269.4 0.97 0.08
Volume: 456,350,151 Value: 11,294 (Billions VNĐ)
312.37 -2.54 -0.81
Volume: 68,422,632 Value: 1,271 (Billions VNĐ)
94.72 -0.06 -0.06
Volume: 42,150,224 Value: 710 (Billions VNĐ)
1,310.92 0.22 0.02
Volume: 106,715,600 Value: 3,833 (Billions VNĐ)