Over 5,4 million shares of Vinalines will officially trade on Upcom on October 8th, with a reference price of 10.000 VND per share, amidst a backdrop of many subsidiaries performing poorly, with accumulated losses exceeding equity and short-term liabilities exceeding short-term assets.
The Government Inspectorate (TTCP) has pointed out violations in land use and the equitization of the Vietnam Feature Film Studio, and recommended disciplinary action against the head and deputy head of the studio.
Theo nhận định của Nikkei Asia, động thái của Sabeco trong việc thay đổi cơ cấu quản trị sau khi về tay người Thái cho thấy sự chậm chạp của các công ty Việt Nam trong việc áp dụng những tiêu chuẩn quản trị quốc tế.
By owning their own businesses and holding a large percentage of shares, employees of Rang Dong Light Bulb and Thermos Flask Joint Stock Company are the envy of others because they receive both high salaries and huge dividends.
Because the company is owned and managed by the workers, Rang Dong Light Bulb and Thermos Flask Joint Stock Company has not encountered any disputes and has experienced rapid growth.
Taisho Pharmaceutical Co., Ltd. (Japan) has announced the successful purchase of over 9,2 million shares of Hau Giang Pharmaceutical Joint Stock Company (HOSE: DHG).
When privatizing state-owned enterprises, the issue of leadership taking over ownership is always a major obstacle, causing capital losses, but Rang Dong Light Bulb and Thermos Flask Joint Stock Company has overcome this hurdle.
Many investors are interested in the privatization of Vinalines, including Hyundai Motor and SK of South Korea, and Siam Cement (SCG) of Thailand; in addition, the Belgian group Ackermans & van Haaren also wants to buy 10% of Vinalines' shares.
Sáng ngày 29/6/2018, Tổng Công ty Viglacera - CTCP (mã CK: VGC) tổ chức ĐHĐCĐ thường niên năm 2018, theo đó tỷ lệ sở hữu vốn nhà nước tại Tổng công ty này sẽ là 36%.
Representative Nguyen Tien Sinh raised concerns about losses in enterprises after privatization and wondered whether vested interests and collusion were being used to illegally profit from the state budget.
Minister of Transport Nguyen Van The said that most transport sector enterprises are profitable after privatization.
Representative Luu Binh Nhuong argued that the privatization of state-owned enterprises is a very dangerous issue, and that in recent years, the State has the potential to lose trillions of dong.
Following its IPO, Song Da Corporation - JSC (stock code SJG) will have its first trading session on the UPCoM exchange on February 12, 2018.
Many Cienco (Contractors and Technologists) under the Ministry of Transport were privatized and divested from the state during the tenure of former minister Dinh La Thang.
It is undeniable that BT projects have made significant contributions to the development of infrastructure, transportation, and the environment, helping to form many large urban areas and changing the socio-economic landscape.
The Ministry of Construction has recently submitted a document proposing solutions to overcome difficulties in the equitization process of the Housing and Urban Development Investment Corporation (HUD) and the Vietnam Cement Industry Corporation (VICEM).
National Assembly Chairwoman Nguyen Thi Kim Ngan stated that the business owner's act of calling artist Quoc Tuan "Chi Pheo" (a derogatory term for a scoundrel) is unacceptable.
Without the exemption, the amount of land lease fees that VFS still has to pay to the state budget will increase, the results of the enterprise valuation will be adjusted, and the company after equitization will be responsible for handling the situation.
If the investor, after privatization, decides to use the prime land of the Vietnam Feature Film Studio to build an apartment complex or supermarket, the value of the film studio will be reassessed.
Regarding the privatization of the Vietnam Film Studio, the Ministry of Finance stated that employees should voice their concerns from the outset, avoiding a situation where they only voice their opinions after the fact.
VRG expects to raise VND 12.834 billion from the sale of one billion shares in its initial public offering.
The money market is witnessing a new capital raising race, primarily driven by banks needing to increase their financial capacity to meet Basel 2 standards and serve the current high demand for credit growth.
Bộ Xây dựng yêu cầu SDC và VICEM khẩn trương có văn bản báo cáo và gửi các hồ sơ, tài liệu có liên quan đến Bộ Tài chính, thực hiện các thủ tục để chuyển nghĩa vụ nợ từ SDC sang VICEM.
The Ministry of Construction's proposal for HUD to retain nearly 4.000 billion VND after privatization did not receive the approval of the Ministry of Finance and the Ministry of Planning and Investment.
Despite committing violations worth hundreds of billions of dong, the representative of the state's capital stake in Vinafood 2 has not yet been held accountable.
This was the consensus of many economic experts at a seminar on equitization and corporate governance held at Binh Son Refinery and Petrochemical Company (BSR) on the afternoon of June 30th.
Given the sluggish progress of state-owned enterprise equitization and the modest volume of divestment, the Ministry of Finance has proposed that the Prime Minister instruct the Ministry of Industry and Trade to urgently develop a divestment plan for Habeco and Sabeco, and to promptly decide on a plan to sell the remaining shares held by SCIC in Vinamilk.
Along with approving the equitization plan for IDICO, which involves selling 45% of shares to strategic investors and 18% through public auction, the Prime Minister also requested the Ministry of Construction to transfer the right to represent the State's capital in this corporation to SCIC.
In a recent petition sent to the Prime Minister, the Ho Chi Minh City Real Estate Association stated that the practice of using "dummy bidders" or "collusion" still occurs in the auction and bidding process for public land.
The Ministry of Finance has just submitted a report to the Prime Minister on the review of land use by privatized enterprises.
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