VN Dealbook: Hanel to offload 61% stake, Vietcombank to buy additional $1b sovereign bonds

VN Dealbook: Hanel to offload 61% stake, Vietcombank to buy additional $1b sovereign bonds

Visual from Hanel Co Ltd

Another Vietnamese state company will be privatised this year. The Hanel Co Ltd – which operates in the electronics and IT sectors but has also expanded to real estate, auxiliary industry, and logistics – will sell 61 per cent to strategic investors and 9.94 per cent to general investors. The government is also mulling to sell another round $1 billion sovereign bonds to Vietcombank.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter