"It is necessary to organize auctions and sell its stake soon, Hai added. Sabeco should implement equitization quickly to grab the opportunity to sell at high prices, he said. RELATED NEWS“If the State wants to sell its stake at high prices, it should sell all the 90 percent stake once. The sale must be done in a transparent and open way which will attract the highest possible number of buyers,” he said.Hai stressed the principle of transparency in selling the state’s stake, i.e. The amount of money will be useful, because the state lacks sufficient money for development and investment.Institutional investors from Australia, Japan and the US have shown great interest in Sabeco.

Source: VietNamNet News August 10, 2017 06:00 UTC