25-04-2019 10:16
With the latest approval to list on the Ho Chi Minh City Stock Exchange, potential investors are approaching new opportunities to acquire a large amount of state-held stake in national flag-carrier Vietnam Airlines, but strong attention is forecast to occur only in the short term.
23-08-2018 12:13
Despite high engagement from foreign investors, forecasts for the upcoming IPO of state-run shipping giant Vinalines are not promising, triggering fears of it becoming the latest in a string of failed IPOs. Bich Thuy and Nam Phuong report.
07-12-2017 15:00
Pharmaceutical stocks are once again under the limelight thanks to upcoming state withdrawals, new capital inflows, and possible removals of foreign ownership limits.
07-03-2014 09:20
Phuong Nam Bank might be merged with Sacombank, according to Sacombank chairman Pham Huu Phu.
08-10-2012 09:37
Seafood firms are struggling to keep their heads above water after Phuong Nam Foodstuff Corp, a privately held export seafood company, appears to be in deep trouble.
18-09-2018 15:28
Despite overcoming the 2017 gloom, Phuong Nam Cultural JSC is currently pressed by debt and dividend payments for its shareholders who have not received dividends for seven years.
22-04-2015 09:49
Sacombank plans to merge with Phuong Nam Bank in 2015.
15-10-2018 11:14
The State Securities Commission (SSC) has just issued a decision to impose administrative fines of VND60 million ($2,654) and VND240 million ($10,619) on Hang Xanh Car Service JSC (Haxaco)—a local dealer of Mercedes—and Phuong Nam Cultural JSC, respectively, for incorrect reporting.
13-08-2018 12:15
Phuong Nam Cultural Joint Stock Corporation has proposed a plan to shareholders to sell its remaining 7.5 per cent stake in CJ CGV Vietnam Co Ltd.
10-09-2018 14:22
Phuong Nam Cultural JSC’s divestment of its stake in cinema giant CJ CGV (CGV) is rather unusual, as the cinema chain has been constantly expanding and Phuong Nam’s selling price is remarkably low.
19-06-2018 12:08
After being ignored at its first three auction attempts, VND3.4 trillion ($148.9 million) Phuong Nam pulp mill has been seeking the prime minister’s approval to hold the fourth auction at a discount price.
17-07-2018 12:06
Vietnam Paper Corporation (Vinapaco) is seeking approval to apply a 10 per cent discount at any of a number of auctions of Phuong Nam pulp mill to increase the chance of a sale.
27-05-2019 16:39
As of the end of 2018, the government had to advance EUR82.6 million ($97 million) to help Vinapco pay off the debts of Phuong Nam Pulp Mill, with plans for the Ministry of Industry and Trade (MoIT) and Vinapco to sell the project and then repay the government loan – which has not happened yet.
13-06-2018 13:18
Phuong Nam Cultural Company (code: PNC) has just announced to collect comments from shareholders on selling 12.5 per cent of CJ CGV Vietnam Co., Ltd. for VND160 billion ($7.05 million) to repay due debts.
21-11-2012 08:29
The historical province of Ninh Binh comprises of three different types of landscape - wetlands, coastal delta and uplands - and is endowed with many places of interest for tourists such as Tam Coc-Bich Dong Grotto, Cuc Phuong National Park and Van Long Nature Reserve.