A foreign investor, who did not want to be named, has bought all 48.3 million shares of Vinamilk offered at an auction at the Ho Chi Minh Stock Exchange.
Foreign investor buys up Vinamilk shares (Source: VNA)
HCM City (VNS/VNA) - A foreign investor, who did not want to be named, has bought all 48.3million shares of Vinamilk offered at a recent auction at the Ho Chi Minh Stock Exchange.
The State Capital Investment Corporation (SCIC), the country’s sovereign fundwhich manages the Government’s stakes in companies, offered a 3.33 percentstake in Vinamilk at a minimum price of 150,000 VND (6.61 USD) per share.
The auction attracted 19 local and foreign investors, who had registered to buya total of 73.84 million shares.
The foreign investor won the bid by offering the highest price of 186,000 VND,with the SCIC raising 8.99 trillion VND from the sale.
Nguyen Duc Chi, chairman of the SCIC, said the improvement in the stock marketand Vinamilk’s good performance this year as well as its future prospectscontributed to the success of the auction.
The transaction has to be completed this month.
Vinamilk shares rose to 173,800 VND on November 10.
The Government now has a 36 percent stake in Vinamilk, still the largeststakeholder and with a decisive voice in the company.
This was the second time the SCIC sold Vinamilk shares. The first time, lastDecember, it had offered a 9 percent stake but managed to sell only 5.4 percent.
The 3.33 percent stake auctioned on November 10 was from that unsold portion.
Chi said SCIC is wrapping up procedures to divest Government stakes in othercompanies too this year.-VNA
Vietnam’s largest dairy producer Vinamilk said its advertisement on YouTube was among the top 10 most watched ads on the channel in the Asia – Pacific region from July 2016 – July 2017.
The new Government decree also simplifies loan procedures while expanding credit incentives to include organic and circular agriculture, allowing them to access preferential terms similar to those of high-tech and value-chain based agricultural production.
Developed with state-of-the-art infrastructure, the Da Nang FTZ is designed to become a leading regional economic centre and a strategic growth pole in Vietnam’s new development landscape.
The Binh Duong Association of Supporting Industries (BASI) is expected to promote the usage of domestically manufactured components while supporting businesses in accessing international markets, strengthening linkages, and promoting deeper integration into global supply chains.
PwC Vietnam forecasts a vibrant M&A market in Vietnam’s healthcare sector in 2025, driven by rising demand for high-quality medical services and a growing middle class. Pharmaceutical companies, private hospitals, and specialised medical facilities, particularly in ophthalmology and oncology, are predicted to be key targets for M&A.
The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Foreign investor buys up Vinamilk shares (Source: VNA) 
