Post by Zoinkers on Sept 19, 2007 3:08:01 GMT -5
Vietnam's stock market to lure 54 bln USD from SOEs equitized
+ - 13:22, September 12, 2007
Vietnam's stocks market value will increase by 54 billion U.S. dollars in the next two years, due to the equitization of a number of big state-owned enterprises (SOEs).
Among the SOEs, telecommunication firms including MobiFone, Vinaphone, Viettel are expected to contribute some 15 billion dollars after they list their shares in the local bourse, local newspaper Youth reported Wednesday.
Banks including the Bank for Foreign Trade of Vietnam, the Industrial and Commercial Bank of Vietnam, the Bank for Investment and Development of Vietnam, and the Mekong Housing Development Bank are expected to contribute 12 billion dollars; and energy companies, 10 billion dollars.
Vietnam currently has 110 kinds of listed shares, 367 kinds of listed bonds, mostly government bonds, and 2 listed investment funds with total face value of nearly 81,789 billion Vietnamese dong (5.11 billion dollars).
Source: Xinhua
english.people.com.cn/90001/90778/6260905.html
+ - 13:22, September 12, 2007
Vietnam's stocks market value will increase by 54 billion U.S. dollars in the next two years, due to the equitization of a number of big state-owned enterprises (SOEs).
Among the SOEs, telecommunication firms including MobiFone, Vinaphone, Viettel are expected to contribute some 15 billion dollars after they list their shares in the local bourse, local newspaper Youth reported Wednesday.
Banks including the Bank for Foreign Trade of Vietnam, the Industrial and Commercial Bank of Vietnam, the Bank for Investment and Development of Vietnam, and the Mekong Housing Development Bank are expected to contribute 12 billion dollars; and energy companies, 10 billion dollars.
Vietnam currently has 110 kinds of listed shares, 367 kinds of listed bonds, mostly government bonds, and 2 listed investment funds with total face value of nearly 81,789 billion Vietnamese dong (5.11 billion dollars).
Source: Xinhua
english.people.com.cn/90001/90778/6260905.html