tourism soe trio makes for ipo gold

Tourism SOE trio makes for IPO gold

The divestment of three state-owned tourist companies is expected to present a vast opportunity for foreign investors, with groups already owning many properties in valuable downtown locations which are ideal for the future development of luxury hotels. Bich Ngoc reports.
saudi arabia battles market jitters after oil plant attacks

Saudi Arabia battles market jitters after oil plant attacks

Saudi energy giant Aramco is battling to reassure markets after devastating attacks on two oil plants, where a prolonged shutdown risks roiling investor confidence ahead of the state-owned giant's mega stock listing, analysts say.
basf appoints erick contreras as managing director for vietnam

BASF appoints Erick Contreras as managing director for Vietnam

BASF has appointed Erick Contreras as managing director of BASF Vietnam Co., Ltd., effective September 1, 2019. He succeeds Tanachart Ralsiripong, who decided to leave the company.
vtvcab makes second first offer on upcom at vnd140900

VTVCab makes second first offer on UpCOM at VND140,900

Owning a number of land plots may help Vietnam Television Cable Corporation (VTVCab) to succeed in listing on the Unlisted Public Companies Market (UpCOM), after its first failed attempt.
govt plans to equitize 93 state owned enterprises through 2020

Gov’t plans to equitize 93 State-owned enterprises through 2020

Prime Minister Nguyen Xuan Phuc has signed a Decision approving the list of 93 State-owned enterprises which will be equitized from now to the end of 2020.
european stocks tumble on tariff moves as chinese yuan sinks

European stocks tumble on tariff moves as Chinese yuan sinks

European stock markets tumbled on Monday (Aug 5) after the Chinese yuan fell sharply in what analysts said was Beijing's riposte to US President Donald Trump vowing to impose fresh tariffs on Chinese goods in the latest trade war flare-up.
viettel group becomes premier sponsor of worlds largest it contest

Viettel Group becomes premier sponsor of world’s largest IT contest

As the premier sponsor for the 2019 Microsoft Office Specialist World Championship on July 28-31 this year, Vietnam’s leading telecom group Viettel will go hand-in-hand with the Vietnamese team to take on the 60 best teams of the globe in New York City in the United States.
vietnamese banks ipo plans pushed back again

Vietnamese banks' IPO plans pushed back again

The long-awaited listing of many large Vietnamese banks has once again been delayed as banks wait for market conditions to improve.
vietnam beats singapore to top aseans ipo markets

Vietnam beats Singapore to top ASEAN’s IPO markets

Vietnam has leapt to become Southeast Asia’s top grossing market for initial public offerings in 2018 with total proceeds of US$2.6 billion.
agribank ipo delay sees investors move cautiously

Agribank IPO delay sees investors move cautiously

Investors are being urged to hold back on moves into Agribank after its initial public offering was postponed until 2020, adding to the list of equitisation delays of state-owned enterprises.
softbank unveils massive 21 bn ipo of japan mobile unit

SoftBank unveils massive $21 bn IPO of Japan mobile unit

TOKYO: Telecoms giant SoftBank will list shares in its Japanese mobile unit next month in a sale that could raise over $21 billion and be one of the biggest tech IPOs in years.
profit of agribank surges ahead on the threshold of equitisation

Profit of Agribank surges ahead on the threshold of equitisation

Agribank’s revenue in the first half of 2018 increased by 37 per cent, which is a positive signal for the bank before its IPO, but problems with capital pose a threat to success.
basf sees potential for local growth

BASF sees potential for local growth

German chemical giant BASF has made a firm commitment to supporting the growth of Vietnam. Tanachart Ralsiripong, managing director of BASF Vietnam, spoke to VIR’s Kim Chung about his insights into the market and how BASF will drive business growth in Vietnam.
stellar ipo deals expected in 2019

Stellar IPO deals expected in 2019

Numerous state-owned enterprises, including MobiFone, VNPT, and EVN Genco 1 and 2, are expected to conduct their initial public offering (IPO) in 2019.
reasons behind major ipo failures

Reasons behind major IPO failures

Since the beginning of 2018, the initial public offerings (IPOs) of major businesses, for instance Vietnam Rubber Group, Power Generation Corporation 3 or Vietnam National Shipping Lines, saw flat results. What stands behind these failures and what lessons can be drawn?