News

Masan Resources, a subsidiary of Masan Group - one of Vietnam`s three largest privately-run conglomerates, is the number one primary tungsten concentrate producer Ex-China, with 36% of the non-China market, according to the company`s CEO.

The equity internal rate of return (EIRR) of the project shall be not less than 12%, stated B.Grimm Power.

After receiving full refund from AVG, the Ministry of Information and Communications (MIC) will conduct the valuation process of Mobifone as part of the equitization later on.

The divestment marked Mekong Enterprise Fund II (MEF II)`s final investment, which resulted in the fund achieving a net return multiple of 4.5x and net IRR of 22.5% for its investors.

The firm`s IPO has been delayed several times as it needed to undergo a longer-than-expected restructuring process.

The reason behind a stable P/E of the VN-Index compared to one year earlier is the positive business performance of listed enterprises.

VinaCapital affirmed its intention to strike a partnership with Ba Huan in the future provided more favorable conditions.

Vietnam is considered favorite destination for investors from Japan and South Korea.

The investment is lauded by Prime Minister Nguyen Xuan Phuc.

The government is determined to ensure the lawful rights of investors through legal frameworks and stabilizing macro-economic conditions, stated Deputy Prime Minister Vuong Dinh Hue.

Construction on the complex started in February and the plant is set to start commercial operations in the first half of 2023.

VinaCapital informed that due to misunderstandings, the two parties are in negotiation to end the partnership in compliance with the law and based on mutual interests.

Vietnam Electricity (EVN) set priority to divest and equitize its subsidiaries in the remaining months of 2018, stated the electricity firm on its website.

The funds will be financed from the contingency budget of the Public Investment Plan for 2016 - 2020.

The initial public offering (IPO) is expected to take place at the Hanoi Stock Exchange on September 5, a representative informed.

Since 2012, Saigon Jewelry Company (SJC) has been the only firm holding the exclusive rights in Vietnam for gold bullion production.

Deputy Prime Minister Vuong Dinh Hue has urged ministries and provinces to speed up the process of going public for SOEs post-equitization.

For a population of over 100 million, of which the majority is at young age, Vietnam Entertainment Fund (VEF) reckons Vietnam has huge potential for the entertainment sector.

The Mekong Delta region holds huge potential for the likes of liquefied natural gas (LNG)-fueled power projects, stated Prime Minister Nguyen Xuan Phuc.

The foreign direct investment (FDI) capital inflow to Vietnam can reduce significantly if the Vietnamese dong (VND) - the local currency - devalues sharply against the US dollar.