There are nine key tasks that must be accomplished in 2019-20 to restructure Viet Nam’s economy, according to the Minister of Planning and Industry Nguyen Chi Dung.
Thai Nguyen Iron and Steel Corporation (Tisco) has proposed its parent company – the Vietnam Steel Corporation (VNSteel), alongside the Ministry of Industry, Trade and Finance, and other relevant agencies assist the firm to extend loan dues and restructure debts...
Prime Minister Nguyen Xuan Phuc has approved a target programme to restructure the agricultural economy, prevent natural disasters and stabilise people’s lives with total capital of VND306.66 trillion (US$13.5 billion).
Prime Minister Nguyen Xuan Phuc has asked Electricity of Viet Nam (EVN) to clarify some issues, especially the results of its restructure. The message was conveyed on Wednesday by a working group led by the Government Office Vice Chairman Nguyen...
The National Assembly’s Economic Committee on Monday agreed to streamline existing legal regulations to better recover bad debts and restructure credit institutions.
The southern Kien Giang Province needs VND77.5 trillion (US$3.5 billion) to restructure its agricultural, forestry and fishery sector by 2020, its provincial department of agriculture and rural development has said.
Speeding the equitisation of State-owned enterprises (SOEs) and development of the stock market is important to secure a Government policy to restructure businesses over the next five years, a finance official said.
As Viet Nam is integrating rapidly into the global economy, the
financial markets need to be restructured towards balance, efficiency
and transparency to eliminate the risks of instabilities and achieve
sustainable development.
The agricultural sector is expected to face serious challenges
when the Trans-Pacific Partnership takes effect, which would require it
to restructure and invest in technology to improve its competitiveness, a
seminar heard in HCM City on October 14.
Economists and experts warn that Viet Nam should restructure its farming
industry, making it less rice-oriented and focusing more on producing
breeding materials in order to reduce its over-dependence to imported
animal feed.
The Vietnam National Shipping Lines, or Vinalines, repaid more than
VND1.4 trillion (US$64.2 million) worth of debts in the second quarter
of this year.
Viet Nam, with its 90 million population and growing affluence, and more
focused efforts to equitise State-owned enterprises and restructure
banks, offers great opportunities for portfolio investors despite some
hurdles, a seminar that opened in HCM City yesterday heard.
The HCM City authorities needs to invoke drastic measures to restructure
State-owned enterprises as the process faces cumbersome policies and
poor corporate governance, experts have warned.