Vietnam National Shipping Lines (Vinalines) will auction over 13.44m shares of its holding in Vietnam Transport and Chartering joint stock company (Vitranschart) on 5 December, reported Vietnam media.
The state-owned Vietnam National Shipping Lines (Vinalines) will try a second public share sale of the remaining 480 million shares not purchased at its recent public offering early September, reported Vietnam News. The company said it will come back to the Hanoi Stock Exchange soon to complement its initial public offering (IPO) which attracted little interest.
Vietnam’s Prime Minister has approved a privatisation plan of Vietnam National Shipping Lines (Vinalines), report Vietnamese media.
VP Bank is set to takeover Vinalines’s 51% stake in the northern Cai Lan International Container Terminal (CICT) in the Quang Ninh province according to local media reports.