VEAM also owns stakes in the local subsidiaries of auto giants Ford, Honda and Toyota
Government-backed loans for state enterprises were equivalent to 17.6 percent of public debt
The company also owns 38 convenience stores around Ho Chi Minh City
Vicem may sell a maximum of 49 percent to private investors
Despite the government's intention to sell its stakes in 10 major companies like Vinamilk and FPT, progress is tardy.
Vinapharm will sell another 17 percent stake to strategic partners
The plan has been criticized by some economists as 'unnecessary'
Vinapharm expects to raise at least $18.6 million from the sale
The purchase of over $200 billion of foreign assets by Chinese companies in the past 18 months is triggering some...
Vinalines has been restructuring its business since 2012
Ho Chi Minh City plans to reduce the number of state firms to seven by 2018 by restructuring and denationalizing
After 4-year delay, its cost jumps to nearly $400 million, more than twice the original estimate
The firm will also sell a 61 percent stake to two strategic investors
Questions keep arising over the quality of the new pipes to be supplied by a Chinese company
The group is seeking government support for the factory, which has somehow woven itself into a perplexing financial mess