Japan’s Taisho Pharmaceutical Co Ltd has successfully purchased 9.2 million shares of DHG Pharmaceutical Joint Stock Company, representing a 7.06 per cent stake.

The Vietnam National Petroleum Group (Petrolimex) has asked the Government to extend its deadline for selling the State’s capital to the 2019-20 period instead of this year as currently planned.  

Given the stock market’s recent lethargy, The State Capital Investment Corporation (SCIC) is assessing market demand to consider choosing the most efficient capital divestment options at State-owned enterprises.

Only 150 of nearly 750 State-owned enterprises (SOEs) have listed on the stock market, said Deputy Minister of Finance Vũ Thị Mai.

The plan for the merger of the Hà Nội and HCM stock exchanges has been submitted to the Government for review, according to the Ministry of Finance.

Hậu Giang Pharmaceutical Joint Stock Company, DHG Pharma, has completed the procedures to lift the foreign ownership cap from its current rate of 49 per cent to 100 per cent, effectively abolishing the cap altogether.

Thái Nguyên Iron and Steel Corporation (Tisco) has proposed its parent company – the Vietnam Steel Corporation (VNSteel), alongside the Ministry of Industry, Trade and Finance, and other relevant agencies assist the firm to extend loan dues and restructure debts to resolve financial issues.

Sweden’s Wayne's Coffee opened its first cafe in Việt Nam on Wednesday with the aim of establishing the coffee chain all over the country.

It was Mark Twain who inimitably said: “Buy land, they are not making it anymore.” Sound advice when land is turned into a commodity that is bought and sold in a “free market,” but this is a mythical entity for many people in Việt Nam, because they can only dream of owning a piece of land or a home in the nation’s urban areas.

State Capital Investment Corporation (SCIC) said it would offload capital in 121 businesses in 2018.