ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

Vietnam will miss state enterprise divestment target this year

Final round of auctions in December for five 'blue-chip' companies to boost government coffers

SCIC held the roadshow in Ho Chi Minh City on Nov.17 to introduce the auctions of state-owned shares at FPT, Tien Phong Plastic, Binh Minh Plastic, and Domesco Medical Export-Import.

HO CHI MINH CITY -- Vietnam's State Capital Investment Corporation (SCIC) will hold its final divestment of state-owned enterprises (SOEs) for 2017 next month with the auction of shares in five large 'blue chip' companies listed on local bourses.

The auctions in the second and the third week of December are of shares in FPT (5.96%), Tien Phong Plastic (37.1%), Binh Minh Plastic (29.51%), Domesco Medical Export-Import (34.71%), and Vietnam Construction and Import-Export (21.79%).

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more