Foreign funds strive to exit logistics firm Gemadept
UK-based Vietnam Investments Fund II registered to sell more than 42.8 million shares in Gemadept (HoSE: GMD), the remaining14.44% stake at the Vietnamese logistics firm.
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UK-based Vietnam Investments Fund II registered to sell more than 42.8 million shares in Gemadept (HoSE: GMD), the remaining14.44% stake at the Vietnamese logistics firm.
A recent retreat in Vietnamese stocks has brought the market’s valuation back below its five-year average. While that’s the cheapest level in a year, tapping this opportunity is easier said than done.
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