VN Dealbook: Vegetexco to go IPO in September, PetroVietnam Construction divests from affiliate

VN Dealbook: Vegetexco to go IPO in September, PetroVietnam Construction divests from affiliate

The My Dinh Pearl complex. Visual from the project's website

The Vietnamese government plans to fully divest from another state-owned company next month i.e. the Vietnam National Vegetable, Fruit and Agricultural Product Corporation. Meanwhile, the restructuring scheme of another state-owned major, PetroVietnam, is being implemented; its subsidiary PetroVietnam Construction JSC will completely exit several non-strategic property assets, including the My Dinh Pearl complex in Hanoi.

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