Vietnam’s Vincom Retail in stake sale talks with strategic investors

29 March 2023, 12:00 am

1 min read

Traffic moves past a Vincom trading center in Hanoi March 29, 2012. Vincom Joint Stock Co, Vietnam's leading real estate developer, has raised $185 million via five-year dollar bonds and plans to list them on the Singapore stock exchange, it said in a statement late on Wednesday. REUTERS/Kham (VIETNAM - Tags: BUSINESS REAL ESTATE)

Sources exclusively revealed to Reuters that Vietnam’s largest conglomerate, Vingroup (VIC.HM), is in discussions to sell a stake in its shopping mall arm as it seeks to bring in strategic investors.