divestment

Vingroup divests from Vincom Retail

March 19, 2024 | 10:47

Vingroup is to sell its stake in SDI Trading Development and Investment JSC, indirectly selling shares and retaining an 18.8 per cent stake in Vincom Retail.

Vietnam pushes for transfer of Skypec from Vietnam Airlines to PetroVietnam

June 26, 2023 | 11:29

The Vietnamese government has instructed the State Capital Management Committee (CMSC) to facilitate the transfer of Aviation Fuel Company (Skypec) from Vietnam Airlines to the Vietnam Oil and Gas Group (PetroVietnam).

VIMC plans to establish transport company and divest stake in three units

April 21, 2023 | 10:53

The country’s shipping giant Vietnam Maritime Corporation (VIMC) plans to establish a new transportation company and divest its stake in three units.

Government to divest 141 state-owned enterprises by 2025

November 30, 2022 | 16:44

The government plans to divest 141 state-owned enterprises in the 2022-2025 period to speed up the pace of equitisation and divestment post-COVID.

Vietnam Airlines divests 35 per cent stake in Cambodia Angkor Air

May 31, 2022 | 10:56

National flag carrier Vietnam Airlines has acquired $35 million from divesting a 35 per cent stake in Cambodia Angkor Air.

EVNGENCO 3 to list 1.1 billion shares on HSX

January 05, 2022 | 11:44

Power Generation JSC 3 (EVNGENCO 3), which is listed on UpCOM, will switch to list its 1.1 billion shares on Ho Chi Minh City Stock Exchange (HSX), with the charter capital of over $488 million.

MSB targets to sell 100 per cent stake in consumer finance firm FCCOM

August 12, 2021 | 12:53

Maritime Commercial Joint Stock Bank (MSB) is looking to sell 100 per cent of its stake in its consumer finance subsidiary FCCOM.

Sacombank aims to divest entire share holding at Sacombank Securities JSC

July 30, 2021 | 15:27

Sacombank could gain around VND150-170 billion ($6.5-7.4 million) if the divestment from Sacombank Securities JSC is successful.

Yeah1 divests series of subsidiaries to restructure operations

June 30, 2021 | 22:50

Yeah1 Group (HSX: YEG) has continually divested subsidiaries to restructure the company according to plans set at the end of 2020.

Hopes raised on divestment increase for stock synergy

June 11, 2021 | 14:00

Some freshly-adopted regulatory moves are expected to facilitate more advantageous prerequisites for Vietnamese state-owned enterprises to pick up their divestment pace, and thus enrich the domestic stock market with foreign capital inflows.

SCIC announces divestment plan for 88 companies in 2021

May 21, 2021 | 08:39

State Capital Investment Corporation (SCIC) has announced its plan to divest 88 companies this year.

Divestment slow off the blocks for banks

April 13, 2021 | 12:43

Foreign investment in state-owned banks could quench the thirst for capital while assisting with consolidation, but major problems continue to hinder the process.

Investment funds withdraw massive capital over COVID-19 resurgence

February 23, 2021 | 16:24

Investment funds have been divesting numerous businesses since COVID-19 has broken out again.

Number of foreign funds simultaneously sell down Hoa Phat Group interest

February 20, 2021 | 12:15

Major funds including Norges Bank, Vietnam Enterprise Investments Ltd., PENM III German GmbH & Co. KG are selling down their shareholdings in Hoa Phat Group.