Vietnamese Gov’t stipulates fields under State control post-privatization
A list of State-owned enterprises (SOEs) subject to privatization in the 2021-2025 period is expected to be submitted to the Prime Minister in this fourth quarter.
16:36, 2021/36/02Gov’t needs to focus support on high potential firms: Expert
Ineffective State-owned enterprises should be privatized and leave the playground for others to step in.
12:19, 2021/19/25180 SOEs privatized in 2016-2020 period
A legal framework for restructuring state-owned enterprises (SOEs) in the 2021-25 period is expected to speed up the process.
13:14, 2021/14/08Gov't keeps minimum ownership of 65% in major areas
The seven major areas include finance, banking, and aviation industries.
14:36, 2021/36/13Speedier privatization process of state firms - a key for social advancement
During the 2016-2020 period, only 39 were sold on the Government's list of 128 must-be-privatized SOEs in 2020, meeting just 30% of the target.
14:07, 2021/07/12Finance 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.
21:31, 2021/31/31Lack of autonomy prevents state firms from embarking on innovation
At present, the level of efficiency in SOEs operation still remain modest and disproportionate to the amount of state capital under their disposal.
11:05, 2021/05/13Vietnam to name 7 state-owned enterprises as industry-leaders
As industry leaders, state enterprises are responsible for forming value chains and promoting innovation in their respective sectors by mobilizing the participation of enterprises from various economic components.
07:27, 2021/27/08Finance 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.
15:36, 2021/36/12State-owned firms urged to preserve State capital in pandemic context
In a market-based economy, all economic actors compete fairly with each other, while state-owned enterprises (SOEs) are independent and accountable for their own performance, Deputy Prime Minister Truong Hoa Binh has said.