divestment

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BIDV officially offloading 15 per cent stake to KEB Hana Bank

Through a private placement, BIDV will be issuing 603,302,706 shares, equivalent to 15 per cent of its charter capital to Korea’s KEB Hana Bank, raising its chartered capital to VND40.22 trillion ($1.74 trillion

VinaLand disposes all projects, ready to liquidate this July

After 13 years operating in Vietnam, the fund is saying goodbye to the country.

Yeah1 sells American arm following YouTube incident

The Vietnam-based media group is still mired in YouTube incident while share prices plummet.

Vietcombank is no longer major shareholder of MBBank and Eximbank

Vietcombank's shareholding in MBBank and Eximbank has dropped to less than five per cent in compliance with the regulations of the State Bank of Vietnam.

Phuong Nam Culture decides to completely divest from CGV Vietnam

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.

Maritime Bank's shareholder gains hefty profit after divesting from Vinatex

As soon as becoming Vinatex’s strategic shareholder in 2014, VID Group used the majority of the shares held in Vinatex as collateral for its debt repayment obligations at Maritime Bank, of which the company is also a shareholder.

Habeco lost market shares due to sluggish State capital divestment

The longer time the State capital divestment takes, the greater the risk of competition for Habeco is, especially when their business results are showing signs of deterioration, gradually being left behind by other competitors such as Sabeco and Heineken in the war of gaining market share.