Stars align for Vietnam’s privatisation push
Cans of Hanoi Beer and Saigon Beer are seen displayed for sale at a mini-mart in Hanoi, Vietnam September 1, 2016. REUTERS/Kham - RTX2NR8G
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Hanoi's desire to tame the budget deficit and boost efficiency bodes well for the sale of state assets, including big brewers. A buoyant stock market helps. But in the rush to secure fat listing valuations, Vietnam risks driving away the foreign buyers it needs.
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