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Vietnam: Vinalines to sell 30% shares to strategic investors

The Hanoitimes – The Ministry of Transport has submitted to the government the equitization plan for Vietnam National Shipping Lines (Vinalines), for which the government currently holds 65% of the chartered capital. According to this plan, the Ministry of Transport decided to divest state fund from Vinalines in parallel with issuing stakes to increase chartered capital. […]

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GMS to enhance cooperation

With leaders from the Greater Mekong Sub-region gathering next week in Phnom Penh for a new summit on Lancang-Mekong Cooperation, leading political thinkers and researchers say the LMC mechanism plays a crucial role in enhancing economic cooperation in the region and complements the work being done at the Asean-level. The LMC is a relatively new […]

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BAY looks to secure Vietnam toehold

Bank of Ayudhya (BAY) is exploring opportunities in Vietnam’s consumer finance market in line with its parent Bank of Tokyo Mitsubishi UFJ’s (BTMU) policy to deepen the group’s reach in Southeast Asia. Thailand’s fifth-largest lender by assets is weighing several options such as setting up its own business, partnering with local players, and mergers and […]

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