Mobile network provider MobiFone plans to sell its shares at the Southeast Asia Commercial Joint Stock Bank (SeABank) and TienPhong Commercial Joint Stock Bank (TPBank) on April 24.
Hanoi (VNA) - Mobile network provider MobiFone plans tꦓo sell its shares at the Southeast Asia Commercial Joint Stock Bank (SeABank) and TienPhong Commercial Joint Stock Bank (TPBank) on April 24.
Accordingly, MobiFone will sell all its 33.4 million shares at SeaBank for an opening price of 9,600 VND (0.43 USD) per share and 14.28 million shares at TPBank at 8,900 VND each at a Hanoi Stock Exchange auction.
The firm expects to earn at least 447 billion VND from the sale.
After the auction, MobiFone won't hold any share at SeABank, but it will still hold 4.76 percent of the shares at TPBank.
MobiFone completed divestment from advertising company SmartMedia JSC and information technology Neo JSC in 2015.
Earlier this year, MobiFone announced the acquisition of a 95 percent stake in Audio Visual Global JSC (AVG) to prepare for its focus on four main areas of mobile, TV, retail sale and media.
MobiFone earned 36.9 trillion VND in revenue in 2015, an increase of 8.29 percent over 2014, while profits rose 1.1 percent to touch 7.4 trillion VND.
It also aims to earn 35.8 trillion VND in total revenue in 2016, 10 percent higher than in 2015, and a profit of 5.2 trillion VND.
MobiFone expects to earn 20 trillion VND from its initial public offering this year.-VNA
Mobile network provider MobiFone has introduced two new roaming services, called Roam Saver and Data Roam Saver, to help customers reduce the cost of voice, SMS and data services
Vietnam's second largest mobile network operator MobiFone has acquired 95 percent of stake in Audio Visual Global JSC (AVG), an official told local media on January 7 after completing negotiations.
State-owned enterprises have earned 10.4 trillion VND (463.1 million USD) in 143 share auctions held on the HCM Stock Exchange and the Hanoi Stock Exchange, the bourses said.
Vietnam Posts and Telecommunications Group (VNPT) began commercial testing of its 4G, or fourth generation mobile telecom technology, services in HCM City and Phu Quoc Island, in early 2016.
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.
Transactions taken at Mobifone (Source: VNA)
