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Vietnam to create favourable conditions for private firms

Vietnam to create favourable conditions for private firms

Vietnam will continue to hasten efforts to improve the business climate in terms of quality to create favourable conditions for the private sector to play its role as a driver in promoting rapid and sustainable economic growth.

Ministry to step up SOEs restructuring, equitisation in 2019

Ministry to step up SOEs restructuring, equitisation in 2019

The Ministry of Industry and Trade has announced that its Department of Finance and Enterprise Innovation will step up the restructuring and equitisation of State-owned enterprises (SOEs), together with listing them on the stock market.

Accountability key for SOEs: Prime Minister

Accountability key for SOEs: Prime Minister

Prime Minister Nguyen Xuan Phuc asked accountability to be enhanced in the restructuring and divestment of State-owned enterprises (SOEs) to improve the efficiency of the process.

State SoE committee moves online

State SoE committee moves online

The operation of State-owned enterprises (SoEs) will be performed in an online management system according to the standards of the Organisation for Economic Co-operation and Development starting in January 2019.

Top 500 largest enterprises in Vietnam announced

Top 500 largest enterprises in Vietnam announced

The list of top 500 largest enterprises in Vietnam (VNR500) has been unveiled, showing that Vietnam’s private sector continued to post strong growth with the compounded annual growth rate (CAGR) among private firms rising significantly, reaching 21.8 percent in the 2014-2017 period.

147 SOEs equitised

147 SOEs equitised

Vietnam has equitised 147 state-owned enterprises (SOEs) since 2016, collecting VND206.7 trillion from equitisation and divestment.

667 SOEs equitized but yet listed

667 SOEs equitized but yet listed

As many as 667 equitized State-owned enterprises (SOEs), including many big names, have yet to list their shares on the stock exchanges so far, said Minister of Finance Dinh Tien Dung on November 21.

Steps taken to draw in SOE investors

Steps taken to draw in SOE investors

The Vietnamese government’s bold moves to fast-track the ­divestment of state-owned enterprises is opening more opportunities for foreign ­investors, but more needs to be done to shake up the ­languid process.

SOE equitisation, divestment fall short of target: Ministry

SOE equitisation, divestment fall short of target: Ministry

Only 11 State-owned enterprises (SOEs) were equitised in the first nine months of this year, making the country’s target to complete the equitisation of at least 85 SOEs this year unlikely to reach, according to an official from the Ministry of Finance (MoF).

Five agriculture SOEs transferred to “super committee”

Five agriculture SOEs transferred to "super committee"

The Ministry of Agriculture and Rural Development (MARD) inked an agreement to transfer its ownership of State capital in five State-owned agriculture enterprises (SOEs) to the Committee for Management of State Capital (CMSC) on November 15.

Six major SOEs handed over to ‘super committee’

Six major SOEs handed over to ‘super committee’

Six major businesses with State ownership represented by the Ministry of Industry and Trade (MoIT) were handed over to the Committee for Management of State Capital at Enterprises (CMSC) on November 10.

Forum discusses improving efficiency of SOEs

Forum discusses improving efficiency of SOEs

A forum on accelerating the process of reforming and improving the efficiency of state-owned enterprises (SOEs) was held by “Tap chi Kinh Te va Du Bao” (the Journal of Economics and Forecasting) in Hanoi on November 6.