Vietnam gov’t to pilot project of making industry-leading companies
Mobifone, Electricity Vietnam (EVN), and Viettel, three state-owned enterprises (SOEs) that represent three economic sectors of telecommunication, energy and defense industry, are selected to take part in the first stage of the project.
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.
11:56, 2020/56/19
Hanoi targets SMEs’ contribution at 45% of GRDP by 2025
Hanoi eyes 10% annual growth of business creation, or 30,000 per year, while the SMEs would create 150,000 new jobs annually during the next five years.
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.
22:26, 2020/26/09
Reform state-owned enterprises to avoid a Covid-19 debt and investment crisis
State-owned enterprises supply energy, transport, and water to millions in Asia and the world. Managing them better will help consumers and governments alike.
12:43, 2020/43/29
48% of enterprises in Vietnam reporting losses: White paper
The private sector made up 97% of total enterprises nationwide reporting business results as of end-2018, with 43.7% of the sector generating profits and 48.6% suffering losses.
13:37, 2020/37/25
Vietnam under pressure to speed up SOE privatization in 2020
The task has become even more complicated given negative impacts of the Covid-19 pandemic in the first three months of 2020.
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