To prepare for the equitisation process, Vinalines has organised two share offerings. The initial public offering session attracted 42 investors who registered to buy 5,439,800 shares (accounting for more than 1.1 per cent of the nearly 490 million shares offered for auction). At the second session, the number of shares offered by Vinalines was more than 488.8 million. Only 5.44 million of the shares received registrations. — VNS … [Read more...] about Vinalines to lose more than $42.7 million from Covid-19 epidemic
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In a fresh development, more international groups are waiting for Vietnam’s DPP mechanism including ABB. Especially, the private sector could see more chances to invest into the national electricity transmission system. These new points came as Vietnam is faced with challenges to ensure energy while also complying with the government’s objectives of reducing greenhouse gas emissions by promoting renewable energy and energy-efficient technologies. … [Read more...] about Energy strategy fit for private backers
ROS of real estate developer FLC Faros topped losses once again with 3.8 percent. The blue chip is currently one of the most volatile VN30 stocks, swinging from floor to ceiling prices for most sessions in the past month. … [Read more...] about Stock market sinks to yet another low
According to iViVu CEO Nguyen Trung Cong, local consumers have provided the bedrock for robust development in the online travel sector. The market, however, remains dominated by foreign players. To boost the market share, local players need to provide something unique that shows a deep understanding of the domestic market and applies disruptive technologies. … [Read more...] about An internet economy: a golden treasure trove?
Quang Ninh's decision came amidst rising fears after hundreds of passengers on board cruise ship Diamond Princess were found to be infected by the new coronavirus. It had visited Chan May Port in Thua Thien-Hue Province on January 27 before docking at Ha Long International Cruise Port a day later. … [Read more...] about Can park, can’t disembark, Quang Ninh tells cruise ships from Covid-19 territories