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vietnam State-owned enterprises

Govt plans to equitise 93 SOEs through 2020

Gov’t plans to equitise 93 SOEs through 2020

Since 2016, 162 SOEs have been equitised compared to the goal of more than 4,400 for 2016-20.
Government raises US61.5mn from SOE divestment

Government raises US$61.5mn from SOE divestment

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.
Protect States assets, PM says

Protect State’s assets, PM says

Prime Minister Nguyen Xuan Phuc stressed the importance of preventing State asset losses while State-owned enterprises (SOEs) are equitised and called into question the individual accountability of SOE leaders in deliberately delaying the process on December 6.  
SCIC to divest 9% stake in Vinamilk this year

SCIC to divest 9% stake in Vinamilk this year

State Capital Investment Corporation (SCIC) will divest and sell its nine per cent stake in Vietnam Dairy Products JSC (Vinamilk) this year, SCIC Chairman Nguyen Duc Chi said.
State units divest VND2.87 trillion in seven months

State units divest VND2.87 trillion in seven months

About 43 state-owned enterprises (SoEs), including six corporations, were cleared for equitisation in the first seven months of this year, the finance ministry said on August 10. 
SCIC to continue divestment process in 2016

SCIC to continue divestment process in 2016

The State Capital Investment Corporation (SCIC) divested State capital from 120 businesses in 2015, earning VND4.49 trillion from a book value of VND1.68 trillion.
Transport Ministry to sell SOE share lots

Transport Ministry to sell SOE share lots

Deputy Prime Minister Vu Van Ninh on Tuesday approved a Ministry of Transport request to sell Government stakes in seven State-owned enterprises (SOEs) in the form of share lots or share packages.
SOE equitisation goal reached, but quality still an issue

SOE equitisation goal reached, but quality still an issue

As the Government urges to streamlines the operation of State-owned enterprises (SOEs), the target can be attained in terms of quantity. However, there are doubts about the quality of most businesses after equitisation.