Vietnam. The government delays Sabeco shares sale, while the company’s profits fell by 27% in four month of 2016
In mid2015, the Ministry of Industry and Trade of Vietnam proposed the government to sell the state share stock of company Sabeco in an open auction. It is planned to cut the state share portfolio from 89.59% to 36%. Though the proposal was put forward nearly a year ago, the decision is still not taken. (more…)