As the Prime Minister’s SOE equitisation plan has remained stagnant for the last five years, economic specialists have said it is very difficult for the stakeholders to complete the plan on schedule, or it is impossible.
No State-owned enterprises (SOEs) gained approval for their equitisation plans in the first three months of 2018, according to the Ministry of Finance’s Corporate Finance Department.
The equitisation of State-owned enterprises (SOEs) is unlikely to meet this year’s target, as only 11 SOEs had completed the process by the end of September.
As the stock market is experiencing strong volatility and shows little signs of strong recovery, the State may struggle to sell its stake in State-owned enterprises (SOEs) on schedule.
The National Assembly (NA) has approved a resolution on improving and enhancing the implementation of policies in using State capital and assets in State-owned enterprises (SOEs) as well as the equitisation of those firms.
Deputy Prime Minister Vuong Dinh Hue said that 2018 will be the peak year for equitisation of State-owned enterprises (SOEs) and State capital divestment.
State-owned enterprises can apply the book building method at their initial public offering (IPO) from the beginning of 2018, according to a recently issued decree.
The Ministry of Finance said that the equitisation of State-owned enterprises (SOEs) remained disappointing due to the lack of accountability as well as the bottle-necks in defining enterprises’ asset value.
The Ministry of Finance (MoF) and the Government Office (GO) will take drastic actions against companies’ failure to become listed on the Unlisted Public Company Market (UPCoM) of the Hanoi Stock Exchange (HNX), in hope of speeding the national equitisation...
The Ministry of Finance has planned to boost the equitisation of State-owned enterprises (SOEs) through rating the publicity and transparency of the enterprises'' financial statements, a finance ministry official said.
Vietnamese investors are expecting more transactions from State-owned
enterprises'' (SOE) equitisation rather than by private/family firm
owners, Grant Thornton Viet Nam''s latest survey said.
The State will still hold 100 per cent capital in State Capital
Investment Company, Debts and Assets Trading Company, Vietnam Securities
Depository Centre, and Vietnam Lottery Company.