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 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...
The rate of equitised State-owned enterprises (SOEs) for the 2017-20 period has remained at 28 per cent for several months, the latest from the Ministry of Finance shows.
Innovation has become a pressing need for State-owned enterprises (SOEs) which have undergone drastic restructuring during the past decade but their operation efficiency remained lower than expected.
Dr Burkhard Schrage, Senior Programme Manager of Management at RMIT’s School of Business & Management talked with Viet Nam News about the work of equitising state-owned enterprises during the COVID-19 pandemic.
The Ministry of Finance has raised a number of measures to accelerate the equitisation of State-owned enterprises (SOEs) since the progress made no improvements recently.
Regulatory overlapping is the biggest problem at State-owned enterprises after having been handed over to the Commission for the Management of State Capital at Enterprises.
The Government has asked the Ministry of Planning and Investment to build a project on developing large-scale State-owned enterprises (SOEs) to promote their role in the country’s socio-economic development.
The Ministry of Finance has revealed that twelve of 136 wholly state-owned enterprises had posted losses of VND720 billion (US$30.9 million) in the first half of last year, and six others faced warnings regarding financial security.