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(SOEs)

Equitisation process needs acceleration

Equitisation process needs acceleration

The state needs to continue implementing the equitisation process and empowering private enterprises, an expert said.
Positive changes seen with loss-incurring SoEs: CMSC

Positive changes seen with loss-incurring SoEs: CMSC

Hồ Sỹ Hùng, deputy chairman of the Commission for the Management of State Capital at Enterprises (CMSC) talked to the Vietnam News Agency (VNA) about challenges and difficulties in managing billion-dollar State-owned-enterprises (SoEs), many of which have been incurring heavy...
SOEs urged to create momentum for the economy

SOEs urged to create momentum for the economy

SOEs are a sector that constructs and develops vital economic infrastructure and key industries to motivation for economic development, especially when the private sector is not yet robust.
SOEs management and operation show signs of improvement: MPI

SOEs management and operation show signs of improvement: MPI

SOEs'' total revenue was estimated at VNĐ1,136.621 trillion (US$46.73 billion) or 71 per cent of the annual target by the end of August, and 102 per cent compared to the same period last year. 
SOEs should take the lead in promoting innovation, enhancing competitiveness, PM urges

SOEs should take the lead in promoting innovation, enhancing competitiveness, PM urges

Stressing the important role of SOEs in ensuring macroeconomic stability and promoting socio-economic development, Prime Minister Phạm Minh Chính urged effort to remove difficulties for enterprises including policy bottlenecks and internal problems and raise timely and effective solutions towards promoting...
Ministry wants to transfer 11 SOEs to CMSC, SCIC

Ministry wants to transfer 11 SOEs to CMSC, SCIC

The Ministry of Industry and Trade proposed 11 State-owned enterprises (SOEs) in which the ministry represented the State ownership to be handed over to the Commission for the Management of State Capital at Enterprises (CMSC) and the State Capital Investment...
SOEs needs to innovate as VN aims to have at least 25 with market cap from 1 billion

SOEs needs to innovate as VN aims to have at least 25 with market cap from $1 billion

The recent Government’s report submitted to the National Assembly revealed that the operation efficiency of SOEs was below expectation while the investment efficiency of SOEs was not as high as expected when the projects were approved.
Equitisation and divestment move at slow pace

Equitisation and divestment move at slow pace

Although equitisation and divestment of State capital in State-owned enterprises (SOEs) adds revenue to the State budget and improves corporate governance, the process is moving painfully slow due to various obstacles.
Reforming, modernising SoEs a key objective: minister

Reforming, modernising SoEs a key objective: minister

Reforming and modernising State-owned-Enterprises (SoEs) remains a key objective and high priority of the government, as it continues to roll out policies to address their shortcomings and limitations, said finance minister Ho duc Phoc at a conference discussing Viet Nam’s...
SOEs to spearhead recovery and national development

SOEs to spearhead recovery and national development

State-owned enterprises (SOEs) are to spearhead the country''s economic recovery post-pandemic, to modernise and play a key role in national development efforts. 
Full financial reports of SoEs not submitted: MoF

Full financial reports of SoEs not submitted: MoF

As the Voice of Viet Nam only managed one SoE with more than 50 per cent of State capital, it was not required to submit a six-month financial supervision report.
New decision on classifying SOEs aims for better efficency management

New decision on classifying SOEs aims for better efficency management

The Ministry of Planning and Investment (MPI) is assigned to collect opinions and submit the Business Restructuring Plan for the 2021-25 period to the Prime Minister for approval in the third quarter of this year. Deputy Minister of Planning and...
Capital market development helps boost transparency in SOEs equitisation

Capital market development helps boost transparency in SOEs equitisation

Capital market development helps State-owned enterprises (SOEs) enhance the transparency of corporate governance, thereby promoting transaction volume on the market and increasing liquidity for state shareholders.
SOEs need to enhance autonomy in operation: report

SOEs need to enhance autonomy in operation: report

State-owned enterprises (SOEs) need to enhance their autonomy and responsibility under market mechanisms to contribute to the growth of the economy.
Privatisation plan missed, pressure to improve SOEs efficiency

Privatisation plan missed, pressure to improve SOEs efficiency

The privatisation of State-owned enterprises (SOEs) failed to meet the plan set for the 2016-20 period, causing pressure to improve the operational efficiency of SOEs in the next five-year period.