National Assembly Chairman Vuong Dinh Hue attended a Vietnam - China seminar on State-owned enterprises (SoE) reform and management of state capital at enterprises in Beijing on April 9.
Almost VND53.9 trillion (US$2.29 billion) in state capital was saved in 2022 as reported by ministries, sectors, and localities, according to the Government.
Vietnam’s Committee for Management of State Capital at Enterprises (CMSC) and the State-owned Assets Supervision and Administration Commission of the State Council of China (SASAC) held a conference on reform and development of State-owned enterprises (SOEs) in Beijing on March 18.
The National Assembly (NA) Standing Committee looked into the inclusion of the draft Law on Management and Use of State Capital Invested in Production and Business at Enterprises (amended) into the law and ordinance building programme in 2023, during its 14th session in Hanoi on August 11.
The combined revenue of 17 out of 19 groups and corporations under the Commission for the Management of State Capital at Enterprises was estimated at over VND892.16 trillion (US$38.05 billion) in the first half of this year, equivalent to 90% of the yearly target and up 27% year-on-year.
Although relevant policies have been put in place, the process of equitisation and divestment of State capital is still moving at a very slow pace, according to Dang Quyet Tien, director of the Corporate Finance Department under the Ministry of Finance.
The outbreak of COVID-19 in many localities has delayed the equitisation of State-owned enterprises (SOEs), according to Dang Quyet Tien, director of the Corporate Finance Department.
VOV.VN - The Electricity of Vietnam (EVN) Group is poised to become a major economic group and will be able to boast sustainable and efficient operations moving forward, according to a strategy regarding its development towards 2030 and a vision ahead to 2045 as adopted by the Prime Minister.
Prime Minister Nguyen Xuan Phuc chaired a meeting of standing Cabinet members in Hanoi on March 3 to seek solutions to stagnant and ineffective projects of the industry and trade sector.
The State Capital Investment Corporation (SCIC) announced on January 14 that its pre-tax profit soared over 36% in 2020, hitting an estimated VND6.58 trillion (around US$286 million).