Meeting ambitious divestment targets

Meeting ambitious divestment targets

Despite the government’s effort to accelerate state capital divestments and state-owned enterprise equitisation in the second half of the year..
Thaiholdings to acquire its parent company

Thaiholdings to acquire its parent company

Thaiholdings JSC will increase its charter capital seven-fold with plans to acquire its once-parent company Thaigroup.
Vietnam to accelerate divestment plans of SOEs

Vietnam to accelerate divestment plans of SOEs

Prime Minister Nguyen Xuan Phuc has approved several SOEs divestment plans in 2020, signalling Vietnam's ambition to boost the equitisation progress.
Gelex gives up logistics core to widen foothold in industrial park development

Gelex gives up logistics core to widen foothold in industrial park development

Gelex will give up logistics, one of its four core business areas, and divest from Dong Nai Port JSC to double-down on industrial park development.
Losses a roadblock to SCIC divestment plans at Quang Ninh Thermal Power

Losses a roadblock to SCIC divestment plans at Quang Ninh Thermal Power

The losses reported by Quang Ninh Thermal Power JSC will make it harder for State Capital Investment Corporation (SCIC)  to divest the company this year.
Investors glide over Haiphong Thermal Power shares

Investors glide over Haiphong Thermal Power shares 1

The attempt to divest the state's ownership in Haiphong Thermal Power JSC was spectacularly ignored by investors.​​
SCIC keeps to SOE divestment plan for 2020

SCIC keeps to SOE divestment plan for 2020

State Capital Investment Corporation (SCIC) has recently confirmed its plan of divesting 85 state-owned enterprises, with several big names on the list.
SCIC to sell entire 45 million shares in Haiphong Thermal Power

SCIC to sell entire 45 million shares in Haiphong Thermal Power

State Capital Investment Corporation (SCIC) will divest its entire stake of 45 million shares in Haiphong Thermal Power JSC on April 22.
Still modest results with state capital divestment

Still modest results with state capital divestment

Nguyen Duc Chi, chairman of State Capital Investment Corporation, sheds some light on the slow state capital divestment and measures to better the situation.
Hoang Anh Gia Lai sells off subsidiaries to resolve financial issues

Hoang Anh Gia Lai sells off subsidiaries to resolve financial issues

Even after managing to improve its financial structure, Hoang Anh Gia Lai is still looking at a fraught 2020 due to the shock of the VND-trillion loss in 2019.
Song Da fully divests Vinaconex P&C

Song Da fully divests Vinaconex P&C

Song Da has just announced putting its remaining 4 million shares in Vinaconex P&C on sale, after a first sell-down in the previous month.
Divestment in Quawaco running behind schedule

Divestment in Quawaco running behind schedule

The state's divestment of Quawaco is running behind schedule as the company is struggling to complete defining its assets and conduct business valuation.
Removing legal barriers to support SOEs’ future development 

Removing legal barriers to support SOEs’ future development 

The CMSC on January 16 held a meeting to review performance in 2019 and set key tasks for 2020, with legal barriers facing its members being a focus.
Powering up process of equitisation

Powering up process of equitisation

Vietnam is expected to speed-up equitisation of state-owned enterprises and divestment of state capital to create a level playing field for business entities and generate funds for infrastructure.
SCIC fully divests Quang Ninh Thermal Power

SCIC fully divests Quang Ninh Thermal Power

SCIC wishes to fully divest its 11.42 per cent holding in Quang Ninh Thermal Power JSC at double the market price, expecting to collect $53.04 million.
|< < 1 2 3 4 > >|