Vinatex

Update news Vinatex

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.

BUSINESS IN BRIEF 21/3

 Vietnam’s largest garment IP taking shape; Vietnam imports over 70% of dairy input; Hong Kong group opens new garment factory in Vietnam; Vietnam-EU FTA negotiations due for year-end compeletion

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.

BUSINESS IN BRIEF 5/3

Vietnam targets US$2 bil bilateral trade with Laos; Hi-tech glass outsourcing factory inaugurated; Increased input imports stoke industry recovery; Garment exports up 44.9% in February; Vinatex in search of investment

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.

Vinatex set to go public in H1

VietNamNet Bridge – The Vietnam National Garment & Textile Group is set to go public in the first half of this year as part of its restructuring scheme,

TPP will make Vietnam the world’s biggest garments center

Analysts believe that once joining the Trans Pacific Strategic Economic Partnership (TPP) agreement, Vietnam would have the opportunity to become one of the three biggest textiles and garments centers in the world.

Garment group to perform IPO in the fourth quarter

 VietNamNet Bridge – The Vietnam Textile and Garment Group (Vinatex) has completed the audit and business valuation for its first issue of shares to the public (IPO) in the fourth quarter of 2013.

SOEs to bravely spend big

 Many big state-owned enterprises are planning to invest much more than they did last year despite the gloomy economy.

BUSINESS IN BRIEF 13/1

MARD suggests changing import laws; ‘Zombies' thrive in Viet Nam; 2012 auto sales at 93,000 units; Small traders get training for better competitiveness; Many SOEs in HCM City have debts tripling chartered capital

BUSINESS IN BRIEF 16/12

More than $40 million to be spent on stabilising prices for Tet; Vinatex to sell non-core operations; Bar set higher for bank branches; Experts call for debt market; Two online trading companies shut operations