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.
15:11, 2020/06/19Vietnam parliament approves special finance-budget mechanism for Hanoi
Under the decision, the Hanoi People’s Council is now authorized to levy new fees and charges in the city, and adjust the existing fees and charges.
11:13, 2020/06/02Hanoi seeks permission to use proceeds from SOE sales for urban railway projects
Hanoi intends to use the proceeds for two urban railway routes costing a combined US$4.6 billion.
12:43, 2020/04/2948% 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.
16:02, 2020/03/10Privatization drives Vietnam’s stock market growth
The enhancement of SOE privatization would benefit both the local stock market and enterprises.
10:28, 2020/02/14Foreign investors look forward to Vietnam’s imminent IPOs in 2020
Nearly 100 Vietnamese companies will need to hit the road for share auctions by the end of 2020 to meet the government’s target of privatizing state firms.
14:43, 2019/12/24State firms make up 5% of total corporate loans in Vietnam
A major proportion of bank loans are provided for the business community, particularly the private sector and individuals.
15:19, 2019/12/04Japan enterprises want to take part in Vietnam’s privatization process
Japanese enterprises want to be updated on legal procedures so that they could play a more active role in the process of state-owned enterprises privatization in Vietnam.