Hanoi (VNS/VNA) - The increase in Vietnam's stock market has helped foreign shareholders implement their disinvestment plans in Vietnamese enterprises. However, these activities will not have a significant effect on companies' internal systems. Foreign shareholders play important roles in supporting business activities and creating a good image for public listed companies. After achieving initial cooperative targets, some organisations plan to disinvest. Vietnamese companies witnessed the withdrawal of many foreign investors, but their businesses are still growing due to accumulative management skills during the cooperation period. Lucerne Enterprise Ltd and NS Advisory Inc Pte.Ltd of Nikko Indonesia sold millions of Licogi 16 (LCG) shares at the end of 2020. The Indonesian shareholders started to invest in LCG in 2014. The LCG shares price ended last Friday at 14,750 VND, up 96.4 percent year-on-year. The share price almost hit a … [Read more...] about Vietnamese firms thrive despite divestment of foreign shareholders
Analysts pick
SCG builds outdoor community gym in Quang Binh
SCG Outdoor Gym model in Nam Ly ward is the first concept-gym that SCG has picked up to further develop from the existing ground of the ward’s cultural house. Each area is designed suitably for different age groups, from the junior kids to teenagers and the elderly, bringing a modern outdoor space to encourage local people to actively doing more outdoor exercises. Particularly, the model has applied a selection of high-quality materials from SCG Cement-Building Materials, including SCG Super Cement, Song Gianh Cement, SCG Smartwoods, and COTTO, adding durability and functionality to the project. … [Read more...] about SCG builds outdoor community gym in Quang Binh
