The Ministry of Planning and Investment announced on Monday it has started collecting feedback on a major policy which dictates the amount of control the State is to maintain over key businesses and sectors.
The Government will sell 80.6 million shares of Viglacera Corporation, listed as VGC, from June 27 to July 21, reducing State ownership in the firm to 36 per cent.
Viglacera Corporation JSC (Viglacera) plans to reduce its State ownership to 36 per cent this year, said Luyen Cong Minh, executive chairman of the corporation.
Deputy Prime Minister Vuong Dinh Hue has released a list of State-owned enterprises from which the Vietnam Oil and Gas Group (PetroVietnam, or PVN) must reduce its ownership between 2017 and 2020.
Vietnam Dairy Joint Stock Company (Vinamilk) has proposed to reduce the
State ownership at enterprises after equitisation to conditions
to increase their self-management and competitiveness for further
development.
The Ministry of Transport has asked the Prime Minister to allow Vietnam
National Shipping Lines (Vinalines) to reduce State ownership of its
registered capital to attract more investors.