VN Steel Corp to withdraw from non-core sectors

Wednesday, Jan 21, 2015

The Viet Nam Steel Corporation plans to withdraw capital from non-core businesses as part of an approved restructuring plan, according to a corporation official.

SOEs slow to withdraw from non-core businesses

Wednesday, Sep 03, 2014

For the last three years, most State-owned enterprises (SOEs) have had stable operations with acceptable profits, but capital withdrawal from their non-core businesses contiues to be sluggish.

SOEs stakes may be sold at discount rates

Thursday, Apr 17, 2014

A draft regulation about allowing State-owned enterprises (SOEs) to sell stakes in non-core businesses at below the face value would be presented to the Prime Minister for approval.

SOE divestments hit snags

Friday, Jul 26, 2013

Several State-owned enterprises (SOEs) are facing difficulties withdrawing their investment from non-core businesses, even though this September is the deadline for them to do so.

EVN pulls the plug on non-essential business operations

Thursday, Jul 04, 2013

Electricity of Viet Nam (EVN) is withdrawing its capital from several non-core businesses, especially in banking and real estate sectors, it said in a report released yesterday.