Search Results for:Mai Nguyen
The acquisition by FPT, one of Vietnam’s top technology firms, reflects the company’s goal of adding consultancy to its information technology services
This move pairs GM’s automotive expertise with VinFast’s local market insight.
The initial sale of a 7.79% stake in the refinery was part of the Vietnamese government’s plan to privatise hundreds of state-owned enterprises
Experts say, the provisions will result in severe limitations on Vietnam’s digital economy, dampening the foreign investment climate.
The Hanoi-based lender priced its April initial public offering (IPO) at the top of a marketing range, valuing it at $6.5 billion and making it Vietnam’s second-biggest listed bank after state-controlled Vietcombank.
While drivers were split on which of the two services offered better compensation, they generally expected fares to go up with the reduced competition.
Analysts remain optimistic that future IPOs could go well with Vietnam’s economy growing 6.8% last year and its stock market climbing almost 50% in 2017.
The government has offered a stake of 12.8% in Vietnam’s second-biggest power generator by installed capacity, also known as EVNGENCO 3 and Genco 3.
The proceeds exceeded the government’s plan to raise at least $155 million from the sale.
The only other investor in the fray is an individual seeking a smaller holding.