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Image: Vingroup CEO Denies Land Grab Speculation as Group Exits Vincom Retail Business to Refocus Resources

Vingroup CEO Denies Land Grab Speculation as Group Exits Vincom Retail Business to Refocus Resources

Vingroup plans to divest from Vincom Retail, one of Vietnam's largest retail chains. Currently, Vingroup subsidiaries own a 99% stake in Sado Company, the largest shareholder of Vincom Retail. In March 2022, an agreement was signed for Vingroup to sell its entire stake in SDI Company, which holds

Image: Tan Tao sells entire stakes from two affiliates

Tan Tao sells entire stakes from two affiliates

HCMC – Tan Tao Investment and Industry Corporation (ITACO) has announced its divestment from its two affiliates, Tan Tao Energy Development Corp (TEDC) and Tan Tao Urban Development and Investment Corporation (Tan Tao City Corp.). ITACO, which trades its ITA shares on the Hochiminh Stock Exchange,