Articles worth reading
Image : Watch: Grayson Allen trips opponent, gets tech, throws tantrum

Watch: Grayson Allen trips opponent, gets tech, throws tantrum

person Orange Themes access_time Dec 22,2016

Duke Basketball Watch: Grayson Allen trips opponent, gets tech, throws tantrum Looks like Grayson Allen is back to his old tricks: the talented Duke guard was caught tripping an Elon player on Wednesday, and received a technical foul for it. Allen

Image : Premier League: Ranieri to miss decisive Tottenham clash

Premier League: Ranieri to miss decisive Tottenham clash

person Orange Themes access_time May 03,2016

Claudio Ranieri will miss Tottenham's clash with Chelsea even though the result could crown …

Image : Morgan Spurlock from Super Size Me opens fast-food restaurant

Morgan Spurlock from Super Size Me opens fast-food restaurant

person Orange Themes access_time Nov 25,2016

Morgan Spurlock from Super Size Me opens fast-food restaurant The subject of the 2004 documentary Super Size Me has, believe it or not, launched his own fast food restaurant: Holy Chicken! The restaurant has been trialled in Columbus, Ohio but

Latest blog articles

Which firms bring the most money in the state’s divestment campaign?

access_time Sep 22,2016 chat_bubble_outline 63 views
The 10 biggest state disinvestment deals in the first eight months of the year brought VND7.222 trillion, double the figure in 2015.

Which firms bring the most money in the state’s divestment campaign?

Forty-eight state owned enterprises (SOEs) had their equitization plans approved by August 20, 2016, only 21.6 percent of the number in 2015.

However, the approval process is in line with the equitization plan set for 2016-2020, in which only 250-280 SOEs would be equitized, half of that in 2011-2015.

The initial public offerings have been going at the same pace as previous years, while the success ratio has seen improvement, up from 45 percent to 75 percent, according to an official report.

This shows the investors’ increased interest in SOEs. The special attention was paid to the share auctions of VEAM (machinery corporation), Vinapharm (pharmacy), Viglacera and Vilico (livestock). 
The 10 biggest state disinvestment deals in the first eight months of the year brought VND7.222 trillion, double the figure in 2015.
The total value of shares sold in the first eight months of the year increased by 60 percent thanks to the high value of the corporations’ value.

In 2015, the total value of shares sold in 10 biggest divestment campaigns of the year was VND3.676 trillion. The IPO of Vietnam Airlines, the nation’s flag air carrier, brought VND1.116 trillion, Sai Gon Port VND441 billion, Thang Long GTC VND363 billion, Hanoi Toserco (tourism) VND299 billion and Vegetexco (farm produce) VND278 billion.

Meanwhile, the total value of shares sold in the first eight months of 2016 alone reached VND7.222 trillion. VEAM’s IPO alone brought VND2.136 trillion to the state budget, Vissan (food) VND907 billion and Vinapharm VND444 billion.

The ceiling foreign ownership ratio in Vinamilk, the nation’s leading dairy producer, has been raised to 100 percent. 

Most recently, the State has announced it will push up the sale of stakes in Sabeco and Habeco, the two largest beer manufacturers in Vietnam, where the state holds 89.6 percent and 81.8 percent of chartered capital, respectively.

Sabeco’s stakes will be sold in two campaigns. In the first campaign, 53.59 percent of chartered capital, or VND24 trillion will be sold right in 2016.

Economists have repeatedly urged the state to speed up the divestment process, saying that there is no need for the state to invest in the business fields which do not relate to national defence and security.

Vo Tri Hao from the HCM City Economics University has said the State should withdraw its capital from two business fields which bring huge profits but cause negative consequences to society – tobacco and lottery.

“The State needs to stop making its contribution to the increase of cancer and games of chance through holding shares in enterprises in the two fields,” he commented.


Chi Mai
Extradited 'El Chapo' Guzman to face 17 counts in US

Read on the original site chat_bubble_outline Read More...

Countering counterfeiting in Vietnam

VietNamNet Bridge – From fake electronics, shoes, nutritional supplements to medicines, the sheer size of the business of counterfeit goods in Vietnam is staggering, said a panel of leading experts at a recent business forum in Ho Chi Minh City. A counterfeit good is any product that is made to closely resemble another in an attempt to trick a customer into buying it, they said, adding that it’s a business that is as old as commerce itself.Although law enforcement agencies try their best to… chat_bubble_outline Read More...

Apartment fire in Sweden kills family of 4

HELSINKI (AP) — Swedish police say that a fire killed a family of four, including two small children, in an apartment in a suburb of the southwestern city of Karlstad.Karlstad police spokesman Tommy Lindh says the victims "showed no sign of life" when they were taken out of the building by rescue personnel. They were declared dead later Sunday. The cause of the blaze was under investigation.Police said the parents were in their 30s, but couldn't give the ages of the children whom local media… chat_bubble_outline Read More...

Justin Bieber Is a Growing Boy, Physically and Spiritually

Read on the original site chat_bubble_outline Read More...

Trump campaign manager Kellyanne Conway walks out on CNN's Dana Bash after debate

Read on the original site chat_bubble_outline Read More...

folder_open Assigned tags

Comments

Loading...