Posted inAT Finance, Vietnam

Vietnam’s privatization buzz loses its fizz

When Sebeco, Vietnam’s second largest brewing company, sold over half of its shares to a foreign investor in late 2017, it seemed as though the ruling Communist Party’s long-thwarted drive to shed state-owned enterprises (SOEs) was finally moving ahead. At the time, the US$4.8 billion transaction was widely cheered by investors, bankers and analysts who […]

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