Vietnam Construction Import-Export Corporation (Vinaconex – code VCG) plans to sell over 10.5 million VIW shares, equivalent to 18.16% of Vietnam Water and Environmental Investment Corporation (VIWASEEN – code VIW). The purpose is to restructure its investment from March 20 to April 19. Currently, Vinaconex holds 98.16% of VIWASEEN, and if the transaction is completed, its ownership ratio will decrease to 80%. Previously, Vinaconex acquired 98.16% of VIWASEEN in December 2025 for more than 1,200 billion VND. VIW shares have surged for seven consecutive sessions, reaching over 40,000 VND per share, potentially bringing Vinaconex about 400 billion VND from this deal. On March 5, VIWASEEN’s extraordinary shareholders’ meeting elected a new board of directors, with Mr. Tô Dũng as Chairman. VIWASEEN will focus on management reform and digital transformation using technology and AI to enhance operational efficiency.
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