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state-owned

Deputy PM asks SOEs restructuring projects to be completed for approval in Q1

Deputy PM asks SOEs restructuring projects to be completed for approval in Q1

Deputy Prime Minister Hồ Đức Phớc has called for accelerated efforts to complete the restructuring projects of State-owned enterprises for approval within the first quarter of this year.
Finding the balance between autonomy and oversight in state-owned enterprise reforms

Finding the balance between autonomy and oversight in state-owned enterprise reforms

The draft Law 69 will replace the current Law 69/2014/QH13, marking a ''revolution'' in how state capital is managed in enterprises.
State-owned securities company trails competitors

State-owned securities company trails competitors

The securities subsidiaries of the Big4 banks remain relatively unremarkable, leaving limited impact on the market.
Nineteen State-owned enterprises estimate pre-tax profit of over 2 billion

Nineteen State-owned enterprises estimate pre-tax profit of over $2 billion

The pre-tax profit exceeds the annual target by 20 per cent.
One fifth of State-owned enterprises report losses for 2023

One fifth of State-owned enterprises report losses for 2023

The Government acknowledges some restrictions prevent State-owned enterprises from operating at full capacity.
State-owned banks struggle to increase capital

State-owned banks struggle to increase capital

Joint stock commercial banks can easily implement capital increase plans using their shares, while State-owned commercial banks have to go through many rounds of approval to get the go-ahead from authorities on any planned capital increases.
Vietinbank to cut auction price of 10 land plots by 14% to recover debts

Vietinbank to cut auction price of 10 land plots by 14% to recover debts

State-owned Vietinbank in Phú Quốc is cutting the auction price of 10 land plots on Phú Quốc Island by 14 per cent, lowering the price to VNĐ26 billion (over US$1 million) from nearly VNĐ30 billion, in an effort to recover...
HCM City seeks to restructure state-owned enterprises

HCM City seeks to restructure state-owned enterprises

HCM City plans to restructure all state-owned enterprises (SOEs) after 2025 to form and develop leading economic conglomerates.
Paving new path for state-owned enterprises growth

Paving new path for state-owned enterprises' growth

The Ministry of Finance (MoF) is gathering feedback on the draft Law on State Capital Management and Investment in Enterprises through recent workshops and discussions.
Việt Nam gains nearly 5.93 million from SOE sell-offs

Việt Nam gains nearly $5.93 million from SOE sell-offs

The People’s Committee of Hải Phòng City divested capital at three firms, and the Ministry of Construction at one company.
HCM City to offer interest subsidy for priority sectors

HCM City to offer interest subsidy for priority sectors

Loans given by the HCM City Finance and Investment State-owned Company to priority sectors that drive socio-economic growth will be subsidised by the city starting July 29.
State-owned Agribank to issue 394m worth of bonds to public

State-owned Agribank to issue $394m worth of bonds to public

Interested investors, both Vietnamese and foreigners, may register to purchase Agribank bonds from July 11 to August 14 at its headquarters or all transaction offices nationwide.
PM asks SOEs to consider hiring foreign CEOs to improve efficiency

PM asks SOEs to consider hiring foreign CEOs to improve efficiency

Prime Minister Phạm Minh Chính has asked the State-owned enterprises (SOEs) to pilot the recruitment of foreign chief executive officers (CEOs) and those who are not members of the Communist Party of Việt Nam for managing positions.
Sluggish progress in state-owned enterprise equitisation

Sluggish progress in state-owned enterprise equitisation

Out of the 19 enterprises with approved equitisation plans, only five have so far established steering committees and working groups to oversee the process.
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.