VEAM leader prosecuted on charge of mismanagement of state capital

VEAM leader prosecuted on charge of mismanagement of state capital

The leader of VEAM, Vietnam’s largest engine and machinery producer, is being prosecuted for mismanagement of state capital.
VEAM reports massive stock of unsold trucks

VEAM reports massive stock of unsold trucks

The country’s largest engine and machinery producer VEAM risks massive loss due to a large stock of unsold trucks built up since before 2017.
Inspection conclusion at VEAM Corporation

Inspection conclusion at VEAM Corporation

In its conclusion, the MoIT revealed several issues in the management and usage of capital and assets at VEAM.
VEAM valuated at billions of dollars despite mounting losses

VEAM valuated at billions of dollars despite mounting losses

Despite losses in its major business lines, VEAM's ticker received a fairly high valuation.
VEAM to list 1.33 billion shares on HSX

VEAM to list 1.33 billion shares on HSX

Vietnam Engine and Agricultural Machinery Corporation (VEAM) will list 1.328 billion shares on the Ho Chi Minh City Stock Exchange (HSX).
Ten divestments in spotlight for 2018

Ten divestments in spotlight for 2018

After 2017’s significant state capital divestment deals, the Vietnamese market is expected to see some of the most anticipated sales in 2018.
Bike brands hitting the fast lane

Bike brands hitting the fast lane

Famous motorbike brands continue to be top targets of local parts manufacturers with production volumes from 3-3.5 million motorbikes per year.