The Vietnam Import-Export and Construction Joint Stock Corporation (Vinaconex – VCG) has registered to sell more than 10.5 million shares of the Vietnam Water and Environment Investment Corporation (VIWASEEN – VIW), equivalent to about 18.16% of its charter capital, to restructure its investment. The transaction is expected to take place from March 20 to April 19, through the method of order matching or agreement. Currently, Vinaconex holds 98.16% of VIWASEEN and if the transaction is successful, its ownership ratio will be reduced to 80%. VIW shares have seen strong growth, hitting the ceiling for 7 consecutive sessions to over 40,000 VND/share, nearly tripling in a short period, potentially bringing Vinaconex around 400 billion VND. In addition, at the extraordinary General Meeting of Shareholders on March 5, VIWASEEN elected a Board of Directors for the 2026-2031 term, with Mr. To Dung as Chairman. VIWASEEN has also identified two key strategies: renewing governance and digital transformation to support operations.
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