Vietnam raises US$88 million in state capital divestment in 11 months
Equitisation and divestment from SOEs have not reached the Government’s targets.
12:32, 2020/10/16
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, 2020/08/22
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, 2020/08/14
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.
13:14, 2020/07/04
Hanoi’s special finance-budget mechanism to take effect from August 15
The special finance – budget mechanism would be implemented in the next five years.
12:09, 2020/06/25
Vietnam bond market grows nearly 10% to US$57.6 billion in Q1
This is mainly due to the government bond segment growing 10.5% quarter-on-quarter in the first quarter, to reach US$53.3 billion.
11:37, 2020/06/17
Vietnam parliament approves revised Law on Enterprises
Household businesses not required to formalize into enterprises, and a new definition of state-owned enterprises are among the notable changes to the new law.
13:23, 2020/01/17
State firms warned of losing on home ground without boosting investment
The responsibility of state-owned enterprises (SOEs) is to be pioneer in applying technologies and supporting socio-economic sustainable development.
17:36, 2019/12/31
Vietnam’s public debt trends down to 56.1% of GDP in 2019
Total capital expenditure in the 2016 – 2020 period would exceed the target of VND2,000 trillion (US$86.45 billion), accounting for 27 – 28% of total spending.
11:22, 2019/12/30
New policies urged to remove roadblocks in privatizing Vietnam’s SOEs
Experts have pointed out a number of hindrances to SOE privatization, including weak corporate governance, valuation methods and restricted foreign ownership.