Vinalines valued at over VND16.7 trillion

7/7/2017 - 5:53:36 PM

The overall value of Vietnam National Shipping Lines (Vinalines) for equitisation was determined at VND16,741 billion (US$736.60 million) including VND10,144 billion (US$446.33 million) worth of State capital.

Vinalines has submitted the appraisal figure to the Ministry of Transport for approval as a basis for its upcoming equitisation.

The corporate value was assessed by the Vietnam Auditing and Valuation Company in co-operation with ATC Auditing and Valuation Firm.

Vinalines is scheduled to launch IPOs in December 2017 under which the State will hold 65% of Vinalines' chartered capital while strategic investors will be offered 17.25% of the chartered capital.

This is the second time Vinalines has carried out a valuation of its corporate value to serve equitisation purposes.

Earlier in 2014, Minister of Transport Dinh La Thang signed a decision to approve the value of Vinalines at VND21,287 billion (US$936.62 million) including nearly VND9,000 billion (US$396 million) of State capital.

Vinalines has begun to seek potential strategic partners while waiting for the approval of its corporate value from the Ministry of Transport.

Vinalines organised the first meetings in April to introduce its development orientation to Singaporean enterprises to seek investment opportunities in preparation for the IPOs.

Source: NDO

Hoa Binh takes actions to connect markets, promote values of agricultural products

After more than four years of implementing a project launched by the Hoa Binh Party Committee’s Standing Board on developing agriculture and promoting product consumption linked with building new-style rural areas for the 2021-2025 period, the province’s industry and trade sector has made significant strides, greatly contributing to local socio-economic development.

Luong Son district is determined to achieve the targets of double-digit growth

Luong Son district has identified 2025 as the year for the accelerated breakthrough to successfully implement the socio-economic development plan for the 5-year period from 2021 to 2025. The district has been focusing on executing the plans and trying to achieve a GRDP growth rate of approximately 15%.

Issuing the certificates of the product safety in the supply chain for the establishments

Since the beginning of this year, under the direction of the Department of Agriculture and Environment, the Sub-Department of Agricultural, Forestry, and Fishery Product Quality Management has strengthened the integration of the professional activities to promote and guide the organizations and individuals in the production and trading of agricultural, forestry, and fishery products to comply with the legal regulations regarding the use of chemicals, pesticides and veterinary medicines in crop cultivation, livestock farming and aquaculture. They also provide guidance to processing and manufacturing establishments on keeping the records to trace the product origins and using food additives from the approved list according to the regulations.

Hoa Binh province reviews state budget revenue in first two months

Hoa Binh province saw a significant rise in state budget revenue in the first two months of 2025, heard a meeting chaired by Vice Chairman of the provincial People’s Committee Quach Tat Liem.

Young Thai ethnic woman brings traditional brocade to international market

Ha Thi Ha Chi, a 26-year-old graduate in law, has taken an unconventional path by returning to her hometown in Mai Chau district to establish the Tong Dau Cooperative, creating stable jobs for local women and bringing Thai ethnic brocade weaving to the global market.

Tan Vinh farmers strive to excel in production and business

As the Lunar New Year 2025 approached, pork prices surged, creating a profitable season for farmers in Tan Vinh commune, Luong Son district. Taking advantage of the rising demand, Can Minh Son, a farmer from Coi hamlet, sold over 30 pigs at 69,000 VND/kg, each weighing more than 100 kg. After deducting expenses, his family earned a profit of over 50 million VND.