Vietnamese state owner Vinalines has revealed it will sell its Vinalines Shipyard (VNLSY) on 24 April.
A public auction will be carried out via the Hanoi Stock Exchange at a reserve price of VND 81.59bn ($3.59m).
This will see the buyer take over an 88.6% holding.
But Vinalines would book a loss of VND 180.73bn at this price. It acquired the stake for VND 262.5bn.
Vinalines
