On November 18, 2025, VietinBank announced it will sell more than 19.6 million shares of SGP, equivalent to 9.07% ownership in Saigon Port, with a starting price of 29,208 VND per share. This is one of the largest divestitures by commercial banks in Vietnam in Q4/2025, aimed at handling non-performing assets as directed by the government and the State Bank. The auction will take place at the Hanoi Stock Exchange from December 19, 2025, to January 15, 2026, with the official auction on January 23, 2026. The SGP shares were initially acquired during the resolution of bad debts. Saigon Port, which provides port operation services, reported a profit of 309 billion VND in 2024, accounting for 95.28% of its total profit. This port is the main one in Ho Chi Minh City, handling general cargo and international cruise ships.
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