foxconn unit to raise us 42 billion in china ipo

Foxconn unit to raise US$4.2 billion in China IPO

A unit of electronics manufacturing giant Foxconn said it will launch an initial public offering in China on Thursday aimed at raising $4.2 billion, in the biggest mainland debut for three years.
vof makes loss on newly bought state owned firms

VOF makes loss on newly-bought state-owned firms

VinaCapital’s Vietnam Opportunity Fund seems to have suffered a loss from purchasing a stake in Vietnamese state-owned firms BSR and PV Power after the big firms’ shares fell post-IPO.
copyright infringement lawsuit hinders xiaomis ambitions

Copyright infringement lawsuit hinders Xiaomi’s ambitions

Xiaomi’s intellectual property infringement may keep it from reaching $100 billion on its initial public offering (IPO) and becoming the number one smart phone brand in Vietnam.
evngenco 2 to be effectively improved before ipo

EVNGenco 2 to be effectively improved before IPO?

As one of the two giants under Vietnam Electricity Corporation to be equitised this year according to plans approved by the prime minister, EVNGenco 2’s profit has continuously been decreasing over the past few years. Will EVNGenco 2 be upgraded effectively enough for the upcoming June 2018 initial public offering (IPO)?
pv power proposes 65 uscents of starting price for strategic share sale

PV Power proposes 65 UScents of starting price for strategic share sale

Vietnam’s second largest electricity producer, PetroVietnam Power Corporation (PV Power) has submitted to PetroVietnam, which holds a majority stake in PV Power, the starting price of VND14,900 ($0.65) for its auction of 676 million shares to strategic investors.
bsr could have made more on ipo with real valuation

BSR could have made more on IPO with real valuation

Binh Son Refining and Petrochemical Co., Ltd. (BSR) would have made more on its initial public offering (IPO) if it had been evaluated more accurately.
south african national day marked in ho chi minh city

South African National Day marked in Ho Chi Minh City

On the evening of April 21, the South African Consulate in Ho Chi Minh City held a meeting to mark the 24th anniversary of the South African National Day (April 27, 1994 - April 27, 2018) with the attendance of the South African Ambassador Extraordinary and Plenipotentiary in Vietnam as well as leaders of Vietnamese provinces and businesses.
pm okays french firms plan to expand tan son nhat airport

PM okays French firm’s plan to expand Tan Son Nhat airport

Prime Minister Nguyen Xuan Phuc has agreed with the proposal of the French consultant company ADP-I to build a new passenger terminal south of Tan Son Nhat aiport in Ho Chi Minh City as part of the airport expansion plan.
lingering problems in valuation of state owned enterprises

Lingering problems in valuation of state-owned enterprises

The failed IPO of VTVCab and the Mobifone-AVG scandal are valuable lessons for Vietnam on the valuation of state-owned enterprises (SOEs).
vtvcab ipo unmarketable after scandal of cutting foreign channels

VTVCab IPO unmarketable after scandal of cutting foreign channels

VTVCab’s IPO was suspended as only one investor registered to join. The lack of interest may be due by VTVCab’s arbitrary decision to axe 22 foreign channels.   
hapro and protrade corp report successful ipos

Hapro and Protrade Corp. report successful IPOs

Both state-owned Hanoi Trade Corporation (Hapro) and Binh Duong Producing and Trading Goods Corporation (Protrade Corp.), the owners of several golden land plots and industrial parks, conducted successful IPOs.
vtvcab expects to acquire 261 million from ipo

VTVcab expects to acquire $261 million from IPO

Cable television provider Vietnam Television Cable Corporation (VTVcab) will put 42.3 million shares on sale at its initial public offering (IPO) with the expectation of acquiring VND5.96 trillion ($261.48 million) from the deal.
protrade corp looking for strategic foreign investor

Protrade Corp. looking for strategic foreign investor

Binh Duong Producing and Trading Goods Corporation (Protrade Corp.), the third largest state-owned firm in the southern province of Binh Duong that owns numerous industrial parks, will offer 40 per cent of its stakes to a strategic foreign investor.  
vinafood 2 earns 51 million from ipo

Vinafood 2 earns $51 million from IPO

Southern Food Corporation (Vinafood 2) has just conducted its initial public offering (IPO) for nearly 115 million shares, equaling 22.97 per cent of its charter capital.
four foreign investors applying for strategic position in pv power

Four foreign investors applying for strategic position in PV Power

To date, four foreign investors have submitted applications to become the strategic investor of PetroVietnam Power Corporation (PV Power)—the second-largest electricity producer in Vietnam.