Gov't keeps minimum ownership of 65% in major areas
The seven major areas include finance, banking, and aviation industries.
14:36, 2021/05/13Speedier 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, 2021/04/12Finance 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.
16:33, 2020/12/21Vietnam 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, 2020/10/16Vietnam 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, 2020/08/22Finalization 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, 2020/08/19Hanoi 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, 2020/08/14Privatization 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, 2020/06/09Reform 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, 2020/04/2948% 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.