MBAMC, the debt and asset management unit of Military Commercial Joint Stock Bank, is offering for sale the ironmaking plant of Nam Thuận Steel Joint Stock Company in Dinh Vu Industrial Park, Hai Phong, with a starting price of VND 301.86 billion. The assets include land use rights for lots CN3.1, CN3.1C, CN3.2A and CN3.2B, construction works attached to the land, and all machinery and equipment. The land area is 125,430 m² according to records (over 12.5 ha), while the actual measured area is 124,889.9 m². The sale will be conducted through a judgment-enforcement auction, expected on November 11, 2026, and the company was placed under bankruptcy proceedings by the Hai Phong People's Court in 2024.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: Doanh nghiệp thép bị mở thủ tục phá sản, MB rao bán nhà máy luyện gang rộng hơn 12 ha tại Hải Phòng để thu hồi nợ, giá khởi điểm hơn 300 tỷ đồng
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Related tickers and likely impact
MBB
• NeutralMBBank
Relevance: low
| Market | Vietnam stocks |
|---|---|
| Exchange | HOSE |
| Sector | Banks |
| Market cap | 199,361 bn VND |
| P/E | 6.6 |
| P/B | 1.27 |
| Close on 10/23/2026 | 19.80 |
| Change that session | -0.50% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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