The State Capital and Investment Corporation will sell all 11.7 million shares it held in the Vietnam Investment Construction and Trading Joint Stock Company.
Constrexim Holdings is now listed as CTX on the Hanoi Stock Exchange (Source: bizlive
The State Capital and Investment Corporation will sell all 11.7 million shares it held in the Vietnam Investment Construction and Trading Joint Stock Company.
The State Capital and Investment Corporation (SCIC) is now also the largest shareholder in Vietnam Investment Construction Trading JSC (Constrexim Holdings), with 44.5 percent of the company's capital.
SCIC will sell its shares for 25,800 VND per share, giving the deal a value of 300 billion VND (13.3 million USD). This price is 37.2 percent higher than the company's share value on the stock market.
Constrexim Holdings is now listed as CTX on the Hanoi Stock Exchange.
SCIC reported that 900,000 shares of the 11.7 million shares were already placed on the Hanoi stock market for trading. SCIC is working with the Vietnam Securities Depository to transform these listed 900,000 into transferable shares.
In the last four years, Constrexim Holdings earned low profits of 57.8 billion VND (2.57 million USD) in 2011, 26.4 billion VND (1.17 million USD) in 2012 and 28.4 billion VND (1.26 million USD) in 2014 due to the decline of the domestic real-estate market.
The company's profit rose in 2013 with a value of 110.5 billion VND (4.9 million USD) after it sold its property projects. In the first half of the year, Constrexim Holdings earned 1.6 billion VND (71,100 USD). But that figure does not include an undistributed net profit of 94.3 billion VND (4.2 million USD) and a share premium of 145.5 billion VND (6.5 million USD).
The company owns projects and land property with a total area of 72,400 square metres in Hanoi, Lao Cai province and Khanh Hoa province.-VNA
𓂃The State Capital Investment Corporation (SCIC) will retain its shares in FPT Telecom, Vinamilk (VNM), Hau Giang Pharmaceutical (DHG) and Vietnam National Reinsurance Corp (VNR) as part of its long-term investment strategy.
The State Capital Investment Corporation (SCIC) will sell stakes in State-owned enterprises (SOEs) it is holding via auctions on the northern bourse, says The Saigon Times Daily, quoting an agreement SCIC signed with Hanoi Stock Exchangeon December 6.
The State Capital Investment Corporation (SCIC) has decided to divest all of its capital in the Dabaco Group (DBC) with the aim of structuring its investment list.
The State Capital Investment Company (SCIC) said it successfully sold capital in 22 firms in the first quarter this year, earning 844 billion VND (39.25 million USD).
Several large companies on the HCM Stock Exchange have spent hundreds to several billions of Vietnamese dong to pay dividends since the beginning of this year.
The Prime Minister has instructed that state capital ownership in state-own enterprises (SOEs) should be managed by the State Capital Investment Company (SCIC).
China’s Laoling city, in coordination with VINEXAD, hosted a series of events in Ho Chi Minh City from August 7-9 to seek trade and economic cooperation with Vietnam.
Vietnamese Ambassador to Cambodia Nguyen Minh Vu led a delegation to Mondulkiri, Ratanakiri, and Kratie provinces from August 5-8, aiming to deepen economic ties and support Vietnamese businesses operating in Cambodia’s northeastern region.
Party General Secretary To Lam’s upcoming state visit to the Republic of Korea (RoK) is expected to mark a new milestone in the bilateral relationship, creating fresh momentum for trade and investment cooperation between the two countries.
In the context of the growing global digital economy, digital transformation and the promotion of e-commerce are key drivers helping Vietnam boost integration, enhance competitiveness, and expand export markets, according to the Vietnam E-commerce and Digital Economy Agency
Tilapia is considered highly competitive in export markets thanks to its affordability, ease of processing, and appeal across both high-end and mass-market segments.
In the first seven months of the year, Phu Tho attracted an impressive 651.7 million USD in foreign direct investment, including 35 newly licensed projects totaling 119 million USD in registered capital and 45 existing projects with an additional capital of 533 million USD.
Under the agreements, VinEnergo will invest in, install, and operate 43 MWp of rooftop solar power capacity and 45 MWh of BESS capacity across the three plants.
Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
Of the total, 107,700 were new firms, with combined registered capital of 928.4 trillion VND (35.4 billion USD), up 10.6% in number and 5.5% in capital compared with the same period last year.
Experts agree that a combination of technology, enforcement, education and cross-border cooperation is essential to protect copyrighted content in Vietnam’s growing digital ecosystem.
Poland is Vietnam’s largest export market in Central and Eastern Europe, with key staples including seafood, textiles, footwear, coffee, and cashew nuts.
Cashless payments are growing at an impressive rate, averaging 30–40% annually. Vietnam’s per capita cashless transaction volume now trails only China, with total value of 295.2 quadrillion VND (11.26 trillion USD), or 26 times of its GDP.
A draft resolution on piloting a digital asset and cryptocurrency market is being developed, aiming to create a broad-enough regulatory sandbox that enables investor participation and provides practical grounds for policy refinement in areas such as risk management and anti-money laundering.
Constrexim Holdings is now listed as CTX on the Hanoi Stock Exchange (Source: bizlive
