Twenty firms permitted to determine SOE corporate value

Wednesday, Jan 15, 2014 17:03

Dong A Securities Co., Ltd is one of 20 organisations being allowed by the Ministry of Finance to determine the value of 100-per-cent state-owned enterprises (SOEs). Photo

HA NOI (Biz Hub) — The Ministry of Finance has announced a list of 20 organisations that have been permitted to determine the value of 100-per-cent state-owned enterprises (SOEs).

The companies mentioned below will be allowed to offer their services to SOEs in their privatisation efforts, following Decree No 59 of the government on restructuring these firms into joint stock companies.

The 20 companies include:

1 - Dong A Securities Co., Ltd

2 - Vietnam Association of Certified Public Accountants

3 - Auditing -Tax Consultancy Co., Ltd

4 - Accounting and Auditing Financial Consultancy Limited Company

5 - VietAnh Auditing Company Limited

6 - Vietnam Auditing Partnership Company

7 - Kreston ACA Vietnam Auditing Company

8 - Vietland Valuation Company Ltd

9 - Danang Valuation and Financial Services Limited Company

10 - Vinacontrol Property Valuation Company Ltd

11 - The Southern Information and Valuation Corporation

12 - VIA Audit Co., Ltd

13 - Hanoi Company Profession of Auditing & Accounting Ltd

14 - Grant Thornton Vietnam

15 - Cimeico Co., Ltd

16 - Viet Capital Securities

17 - BDO Audit Services Co., Ltd

18 - Hoang Quan Appraisal Limited Company

19 - Hong Duc Consulting and Trading Services Corp

20 - Southeast Appraisal and Consulting Corporation

While attempting to determine the corporate value of an SOE, these organisations have to operate in accordance with the regulations of Circular 127 of the finance ministry, issued in August 2012, on the standards, conditions and procedures for the recognition of an enterprise's value. — VNS

Comments (0)