Vietnam: SATRA to tap IPO in 2017; Petrolimex plans listing


2017 appears to the year for state divestments and public issues in Vietnam. Among those stake sales, Saigon Trading Group, also known as SATRA, is said to go for an IPO in the second quarter, and petroleum trading major Petrolimex is contemplating a public listing in April. Saigon Trading Group… Read more »

Vietnam Opportunity Fund will continue to look at privatised state companies: VinaCapital

“VOF will focus on opportunities not available to market participants”

Vietnam state coffee firm Vinacafe plans 35% stake sale via IPO

The IPO is planned for later this year or early next year

Vietnam’s PV Oil in talks to sell 40% stake as state opens market

Petrovietnam in talks to sell as much as 40 percent to strategic investors.

Thailand’s SCG unit takes over Vietnam Construction Materials in ASEAN operation push

SCG Cement – Building Materials Company Limited, a subsidiary of Thai major SCG, has fully acquired Vietnam Construction Materials JSC from its existing owners, the company said in a filing. The 100 per cent equity interest in the Vietnamese integrated cement operator is worth $156 million, while enterprise value of… Read more »

Value of Vietnam’s ‘bikini airline’ Vietjet surpasses national carrier

Its market cap exceeded Vietnam Airlines just a week after listing.

Exclusive: Vietnamese PE firm VIGroup leads $2m round in

Australian real estate service provider also participated.

Vietnam: Used car platform Caramo raises funding; Founder Team acquires Tonkin Coffee

Caramo has raised an angel investment from serial entrepreneur Jonah Levey.

Exclusive: $250m injected into Vietnamese startups in 2016

This is a 67% jump when compared $150 million in 2015.

Siam Cement to pick 25% more in Vietnam’s Long Son Petrochem for $36.1m

SCG will increase its stake at Long Son from the current 46 per cent to 71 per cent.