State units divest VND2.87 trillion in seven months
As many as 43 State-owned enterprises (SoEs), including six corporations, were cleared for equitisation in the first seven months of this year, according to the Finance Ministry on August 10.
State units divested VND2.87 trillion (US$130.4 million) in book value and earned VND5.632 trillion (US$256 million) from selling stocks.
State-owned groups and corporations raked in US$424 billion from selling stakes in five sensitive areas, including securities, insurance, banking-finance, real estate and investment funds, not to mention VND1.959 trillion (US$89 million) from other fields.
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In July, the State budget revenue was estimated at VND102 trillion, up 26.6 percent from the previous month. The figure for January-July reached VND583.6 trillion, up 5.7% from the same period of 2015.
The total budget spending hit VND107.5 trillion, raising the seven-month figure to VND662.1 trillion, marking a 4.9% increase year-on-year.
Also in July, four loan agreements worth US$669 million were signed with the World Bank (WB).
On a seven-month calculation, 26 loan deals valued at US$4.431 billion were inked, mostly with the WB, the Asian Development Bank and Japan. Approximately US$150 million were disbursed.
In the remaining months of this year, the ministry will strengthen inspection on tax payment and customs clearance while asking relevant units to monitor the SoEs restructuring, securities market, pricing and public asset management.
