VN Dealbook: State to divest from Gelex Group; Vietnam SWF to offload shares in hotel firm

VN Dealbook: State to divest from Gelex Group; Vietnam SWF to offload shares in hotel firm

The Vietnamese flag (Image by zdiviv, Freedigitalphotos.net)

State-owned agencies in Vietnam continue to look for divestments from businesses. While the state will fully divest from the Vietnam Electrical Equipment JSC, the State Capital Investment Corporation has filed to sell its entire holdings in two private firms, Kim Lien Tourism JSC and mineral water processor Vinh Hao.

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