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SOE

Accuracy in SOE valuation must improve

Accuracy in SOE valuation must improve

It is essential to tackle bottlenecks in determining corporate value of State-owned enterprises to ensure the accuracy of valuation and speed up the equitisation process, according to the Ministry of Finance.
SOEs earn revenue worth nearly VND900 trillion in H1, up 27 per cent

SOEs earn revenue worth nearly VND900 trillion in H1, up 27 per cent

Nineteen corporations and enterprises under the management of the Committee for Management of State Capital at Enterprises (CMSC) reported total revenue of more than VND982 trillion in the first half of this year, equivalent to 90 per cent of the...
Viet Nam needs drastic SOE restructuring: experts

Viet Nam needs drastic SOE restructuring: experts

Deputy Prime Minister Le Minh Khai signed a decision to deepen the restructuring of state-owned enterprises (SOEs) in 2021-25, on Friday.
SOE equitisation slow this year due to COVID-19

SOE equitisation slow this year due to COVID-19

The outbreak of COVID-19 in many localities has delayed the equitisation of State-owned enterprises (SOEs).
Six companies get equitisation plans approved in January-August

Six companies get equitisation plans approved in January-August

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.
MPI prepares new decree on SOE information disclosure

MPI prepares new decree on SOE information disclosure

The Ministry of Planning and Industry (MPI) is developing a new decree to guide State-owned enterprises (SOEs) on disclosing information, aiming to develop a national SOE database.
Conflicting policies, land issues and virus hinder SOE equitisation

Conflicting policies, land issues and virus hinder SOE equitisation

The equitisation of State-owned enterprises was hindered by troublesome policies, land management and the COVID-19 pandemic.
SOE equitisation plan likely to be missed in 2017-20

SOE equitisation plan likely to be missed in 2017-20

The equitisation of State-owned enterprises (SOEs) has fallen behind the target set by the Government and ministries for 2017-20.
Viet Nam becomes ninth largest trade partner of Myanmar

Viet Nam becomes ninth largest trade partner of Myanmar

Trade between Viet Nam and Myanmar reached US$860 million in 2018, making Việt Nam the 9th largest trade partner of Myanmar. 
No SOE equitisation plans approved in Q1

No SOE equitisation plans approved in Q1

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.
SOEs efficiency remains low: Prime Minister

SOEs efficiency remains low: Prime Minister

The contribution of many SOEs to economic development is low compared to their potential, said the Prime Minister Nguyen Xuan Phuc.
SOE equitisation moves slower than expected

SOE equitisation moves slower than expected

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.
States divestment plan set for failure

State’s divestment plan set for failure

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.
NA talks key tasks for next stage of economic growth

NA talks key tasks for next stage of economic growth

There are nine key tasks that must be accomplished in 2019-20 to restructure Viet Nam’s economy, according to the Minister of Planning and Industry Nguyen Chi Dung.
BSR changes to joint stock model

BSR changes to joint stock model

Binh Son Refining and Petrochemical Company Limited (BSR) in the central province of Quang Ngai officially changed to a joint stock company model on July 1, 2018.