Kim Lien Hotel, covering an area of 3.5 hectares in the central district of Hanoi, is now the ‘aiming point’ of big real estate developers in Vietnam after the State announced the sale of 3.64 million stakes of the hotel on December 22.

 FPT, Vietcombank, PetroVietnam Gas (PVGas), Vinamilk, and Vingroup are five Vietnamese enterprises that appeared on the Asia300 report, which was released recently by Nikkei Asian Review.

VietNamNet Bridge - The dairy market has steadily expanded, while the competition is getting fiercer, heating up the milk market. 

 Vinamilk made it to the inaugural list of the Association of Southeast Asian Nations (ASEAN) top 50 publicly listed companies (PLCs) during the first ASEAN Corporate Governance Conference and Awards ceremony.

 Four Vietnamese outstanding individuals yesterday were given the New Zealand – ASEAN Award for their contribution to boost friendship and co-operation between Viet Nam and New Zealand as well as ASEAN and New Zealand.

VietNamNet Bridge - All 10 state-owned enterprises (SOEs) the state plans to put on sale soon are big players in their fields, creating interest among institutional investors.

VietNamNet Bridge - While big conglomerates have poured money into agricultural production projects, many of them cannot reap fruit. 

VietNamNet Bridge - The nation’s leading dairy producer Vinamilk has urged state management agencies to produce a roadmap for the state’s divestment from state-owned companies.

It is still unclear how the state will sell its stakes in 10 major state-owned enterprises – whether one auction or in many sales campaigns. 

VietNamNet Bridge - The price of Vinamilk shares at which SCIC sells at its initial public offering are expected to be higher than the market prices, or prices on the official bourse. 

The news that the government has decided to sell eight listed companies has had immediate positive impact on the stock market. However, experts say it is still too early to say how the sales will affect the national economy in the long term.

 VietNamNet Bridge – Brand matters have not received the due consideration they deserve from local companies, which consequently lead to the country’s brand value devaluation.

The Government has asked the State Capital Investment Corporation to develop a roadmap to sell state capital worth around $3 billion in 10 large State-owned Enterprises. This is considered great news for investors, especially foreigners.

VietNamNet Bridge - After earning big money from investment in Vinamilk, the country’s leading dairy producer, the state has finally decided to sell its stake.

VietNamNet Bridge - The sky-high prices of formula milk products for children aged under six have angered many consumers, who question why domestic prices remain high despite the sharp input material price drop of 20 percent.

VietNamNet Bridge - The Ministry of Planning and Investment (MPI) has confirmed that the State Capital Investment Corporation (SCIC) will withdraw capital from Vinamilk, though the dairy producer is a big source of income for SCIC.

VietNamNet Bridge - Yogurt, whey and cheese are bringing two-digit growth rates to milk producers. 

VietNamNet Bridge - Foreign investors now stand a chance of becoming Vinamilk’s shareholders as the Ministry of Planning and Investment (MPI) has confirmed the State will disinvest from the dairy producer. 

VietNamNet Bridge - Investors believe that Vinamilk under its new chair Le Thi Bang Tam will be different from the company under the former chair Mai Kieu Lien.

VietNamNet Bridge - Mai Kieu Lien, who is considered the ‘soul’ of Vinamilk, the nation’s leading dairy producer, has officially resigned as chair of the board of directors, though Vinamilk shareholders vowed to veto the dismissal.