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.

 DC Developing Markets Strategies and Norges Bank Investment Management, both under the management of Dragon Capital, have announced they will buy additional shares in Vinamilk.

VietNamNet Bridge - Thang Loi, Hilton and Kim Lien and hotels of the State Capital Investment Corporation (SCIC) are seeking new investors.

VietNamNet Bridge - Questions have been raised about the role of the State Capital Investment Corporation (SCIC) and about what it would do after it sells all valuable assets.

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 – The Vietnamese government is about to sell its stake in the hotels of Thang Loi, Hilton and Kim Lien in Hanoi. The move has attracted special attention of both domestic and foreign investors.

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. 

 VietNamNet Bridge – The State Capital Investment Corporation (SCIC) plans to sell the Government's stakes in 10 major State-owned enterprises. These include listed companies like Vinamilk, FPT Corp, Bao Minh Insurance Corp,

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.

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 - As soon as the State Capital Investment Corporation (SCIC) announced the sale of shares as part of its disinvestment plan, private investors registered to take everything SCIC wanted to sell.

VietNamNet Bridge - The Ministry of Finance (MOF) has proposed that state-owned enterprises (SOEs) be forgiven their tax debts, which are equal to a total of VND10 trillion. 

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 - 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 - 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. 

VietNamNet Bridge - State-owned enterprises are finding it difficult to sell their stake in their finance, banking and real estate companies.

The State has been urged to withdraw capital from Vinamilk because dairy production is not a business field the State needs to invest in. However, SCIC, which has the power to make investments in business with the state’s money, does not agree.