Vinamotor

Update news Vinamotor

Transport Ministry sells Vinamotor, auto industry’s fate in doubt

Vietnam has never given up its automobile dream, even though it has failed to implement an auto industry strategy in the last two decades.

Plan approved to sell 97% State stake at Vinamotor

 VietNamNet Bridge – The Ministry of Transport has approved a plan to sell out the 97% State stake at Vietnam Motors Industry Corporation (Vinamotor).

M&As can help VN auto market flourish

 VietNamNet Bridge – Merger and acquisition (M&A) can help domestic auto makers grow their businesses and increase their competitiveness in the current cutthroat market.

Competition around state capital divestment of Vinamotor

 VietNamNet Bridge – A lot of firms are interested in acquiring a stake in Vietnam Motors Industry Corporation (Vinamotor), Vietnam’s biggest bus manufacturer,  as soon as the government issues its permission

BUSINESS IN BRIEF 9/3

 HCMC committed to cutting red tape to aid foreign investors; Sugar inventories go down; State stake at Vinamotor turns attractive; Lotte keen on billion-dollar project in Thu Thiem;  Idle cash streams into banks after Tet

Has the state given up the “Vietnam-made automobile” dream?

VietNamNet Bridge – The breakup of the State with Vinamotor, in the eyes of analysts, is an “unhappy ending” of a strategy to protect domestic automobile production.

Local investor wants to acquire Vinamotor

 VietNamNet Bridge – A local firm – the Investment and Development JSC (Sacom) – has revealed its ambitious desire to take over of the Vietnam Automobile Industry Corporation (Vinamotor).

SOEs seek strategic investors

 VietNamNet Bridge – State-owned corporations and groups preparing to launch Initial Public Offerings (IPOs) as part of their equitisation process are finding it difficult to find strategic investors, industry insiders say.

Vinamotor seeks strategic investors as IPO launch nears

VietNamNet Bridge – The Viet Nam Motors Industry Corporation (Vinamotor)'s initial public offering launches in three weeks, but strategic investors remain passive,

Vinatex prepared for sell-off

 VietNamNet Bridge – Vietnam’s largest textile and garment manufacturer Vinatex has again failed to complete procedures for a first quarter initial public offering.

SOEs prepare for share bonanza

 VietNamNet Bridge – A raft of huge state-owned enterprises will make an initial public offering in the first half of 2014, as positive signs in the market fuel confidence.