CNG Viet Nam plans to sell stake in PVS Gas as part of restructuring

[ducvt]

CNG Viet Nam planned to divest all of its holdings in PV Gas (GAS) next month, selling 100,000 GAS shares with the aim of restructuring its investment portfolio, the company announced.
The price of GAS has been increasing for almost a week, reaching VND54,500 (US$2.60) a share, the highest level since its debut on the stock exchange. CNG Viet Nam expects to earn around VND5.5 billion ($262,000) from the sale.

[ducvt]

Software producer FPT Corp (FPT) reported a net profit of VND622 billion (US$29.6 million) in the first four months of this year. Most of its businesses saw positive growth, with software development for the domestic market up 76 per cent over the same period last year, software exports up 39 per cent, IT services up 24 per cent, and telecommunications services up 17 per cent.
The corporation's revenue totalled nearly VND7.62 trillion ($362.9 million), or 28 per cent of the yearly target. Earnings per share reached VND1,694.-VNS