As the Government was focusing on accelerating the privatisation and divestment of State-owned enterprises, attracting foreign investment was important to the success of the progress.
The slow listing of post-equitisation firms may make Vietnamese firms less attractive regarding a lack of corporate transparency and government agencies managing those firms must be blamed for the problem.
The Ministry of Agriculture and Rural Development (MARD) will tighten control over company equitisation and impose strict penalties on irresponsible leaders who delay this process, Deputy Minister Ha Cong Tuan said at a conference in Ha Noi on February 14.
