Finance ministry turns to stock market for greater transparency in SOE privatization
This would be the first step for Vietnam’s state firms to list shares on international stock exchanges.
07:27, 2021/27/08
Finance ministry proposes solutions to speed up state firm privatization
Some large state-owned enterprises are facing difficulties in business valuation, mainly due to complicated financial situations.
21:16, 2021/16/21
Deputy PM urges state-run firm Vinacomin to speed up privatization
Vinacomin’s main objective is to ensure sufficient supply of coal to meet market demand for consumption and electricity production, Deputy Prime Minister Trinh Dinh Dung has said.
20:33, 2021/33/11
State-run cement producer VICEM posts annual increase of US$30 million in profit
The company sets a revenue target of over VND35 trillion (US$1.5 billion) in 2021, up 7% year-on-year, and pre-tax profit of VND2.3 trillion (US$99 million), or an increase of 13%.
09:21, 2020/21/22
Vietnam raises US$88 million in state capital divestment in 11 months
Equitisation and divestment from SOEs have not reached the Government’s targets.
11:37, 2020/37/03
Vietnam gov’t warns of interest groups profiteering from SOE privatization
The government would continue to hold majority stakes at state-owned commercial banks, and maintain presence in companies operating in fields that are essential to the economy.
12:32, 2020/32/16
Vietnam finance ministry pushes for speedier privatization of SOEs
Only seven state firms have completed their respective privatization process in the first nine months of 2020.
14:39, 2020/39/22
Finalization of legal framework needed to accelerate SOE privatization: Vietnam DPM
State firms that have completed the privatization process are expected to float shares on local bourses and create space for more foreign investors to invest in the local stock market.
16:22, 2020/22/14
Privatization of Vietnam state firms remains slow, meeting 28% of target
Some large SOEs are facing difficulties in valuation, mainly due to complicated financial situations, which causes delays in the privatization process.
11:07, 2020/07/03
Vietnam economic outlook remains positive despite Covid-19 resurgence: HSBC
HSBC economists forecast GDP expansion of 3% in 2020 for Vietnam, the only ASEAN country they expect to have positive growth this year.
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