By Quynh Nguyen
VinaCapital and Dragon Capital own 12 per cent and 13 per cent of the brokerage respectively.
Viettel has already invested in 10 countries across Asia, Africa and America.
Under the plan, Vietnam state will reduce its stake from 53.97% to 36% by June this year and will totally exit next year.
The capital raising will be conducted before its listing debut which will see about 27.4 million shares trade on the Ho Chi Minh City Stock Exchange.
Mirae Asset is said to have paid $2.8 million to become a major shareholder of BCG.
Alp Asia Finance Vietnam has invested $220 million in the firm to become ACB’s major shareholder.
Vietnam has better liquidity than the Philippines.
Vietnam State has raised VND1.57 billion ($69,080) from transferring the right to buy 57.9 million of its shares in flag carrier Vietnam Airlines.
The Vietnamese government raised $184 million through the sale of a 20 percent stake in PVOIL in an initial public offering in January.
Techcombank plans to raise charter capital from $481 million to $1.5 billion after its listing debut