IPO

Update news IPO

Vinamotor seeks strategic investors as IPO launch nears

VietNamNet Bridge – The Viet Nam Motors Industry Corporation (Vinamotor)'s initial public offering launches in three weeks, but strategic investors remain passive,

Vinalines steps up privatisation push

 VietNamNet Bridge – The parent company of Viet Nam National Shipping Lines (Vinalines) is expected to make an initial public offering (IPO) by Q1 2015 and will accelerate the privatisation of eight subsidiaries.

Vinatex prepared for sell-off

 VietNamNet Bridge – Vietnam’s largest textile and garment manufacturer Vinatex has again failed to complete procedures for a first quarter initial public offering.

BUSINESS IN BRIEF 15/1

 Vietnam, EU aim to finalize FTA negotiations; Vinamilk to construct US$23 million facility in Cambodia; US$50 million steel factory inaugurated; MoT requires new funding to upgrade national highways

BUSINESS IN BRIEF 24/12

 Viglacera's IPO to take place in February; Thaco to produce diesel engines; Central Province eyes 75 capital projects; Japanese firm NIDEC to expand VN venture; Gov't delays slow housing projects

VietJetAir unexpectedly announces profit and prepares for IPO

 VietNamNet Bridge – The only operating private airline in Vietnam has unexpectedly announced a profit in its second year of operation.

Garment group to perform IPO in the fourth quarter

 VietNamNet Bridge – The Vietnam Textile and Garment Group (Vinatex) has completed the audit and business valuation for its first issue of shares to the public (IPO) in the fourth quarter of 2013.

Vietnam Airlines moves towards IPO

VietNamNet Bridge – National flag carrier Vietnam Airlines has seen some progress in its much delayed equitisation process with news that the carrier will start preparing the documents for its initial public offering during the next two months.

Higher foreign ownership ratio will help IPO shares to be salable

Analysts have warned about the possible oversupply of shares when a series of equitized enterprises would make IPO.

Equitisation process needs a shot in the arm

 VietNamNet Bridge – A new decree on equitisation is in the works as authorities hope to accelerate the equitisation progress and enhance the role of market forces in Vietnam’s economy.