Oman's SGRF vies for controlling stake in Vietnam's Hai Phong Port

Oman’s State General Reserve Fund (SGRF)has proposed to the Vietnamese Government that it is willing to purchase shares of Hai Phong Port if the local government offloads more than the intended 29.68 per cent.The fund plans to do the transaction through its Vietnam Oman Investments (VOI Fund) joint venture with the Vietnam State Capital Investment Corporation.