The Government raised more than VND1.39 trillion (US$61.5 million) by divesting its stake in State-owned enterprises (SOEs) in the first quarter of this year, according to the Ministry of Finance.
The State Capital Investment Corporation (SCIC) has announced the initial selling price of the competitive tender for Vinamilk’s shares, scheduled on November 10 on the HCM Stock Exchange.
State-owned groups and enterprises have brought back VND6.84 trillion (US$301 million) to the State coffer during their divestment process in 2016, according to the Finance Ministry.
As of August 20, the state had received VND5.8 trillion (US$256.5
million) from the divestment of state capital in local enterprises in
the first eight months of this year.
