Foreign investors buy 52% of Viglacera shares auctionedForeign investors bought 15.5 million shares in the Viglacera Corporation (VGC) out of a total of 30 million that were floated on July 28, according to the Hanoi Stock Exchange (HNX). Five investors successfully bought all of the shares on offer, with foreign investors buying 15.5 million, or 52 per cent. Purchases for 82.33 million shares were registered, or 2.7-fold higher than the amount on offer, by 178 investors, including 19 institutions and 159 individuals. Glass products like low-emitting, or low-e glass, have become a trend in other countries and not just Vietnam. According to VGC research, Chinese investors have been looking to build a glass factory in northern Bac Giang province.

Source: VietNamNet News August 02, 2016 08:37 UTC