VOV.VN - The equitization of State-owned enterprises have remained sluggish, reaching only 28 per cent of the planned figure by July.
Prime Minister Nguyen Xuan Phuc on July 17 asked the Commission for the Management of State Capital at Enterprises (CMSC) to take more flexible approach to dealing with corporate issues in line with the law.
Vietnam’s ratification of the CPTPP and the EVFTA compels the country to liberalize the state sector.
Taking into account the potential sale of 108 SOEs in the list, SCIC’s revenue in 2019 could reach VND21.6 trillion (US$934.55 million).
The Committee for Management of State Capital at Enterprises (CMSC) will oversee the finance of 19 State-owned groups and corporations this year.
VOV.VN - The Ministry of Finance has stressed on the need to speed up the equitisation process of state-owned enterprises (SOE) while promoting transparency and market principles.
The Ministry of Finance has released a circular to instruct State-owned enterprises (SOEs) to use book-building to sell shares owned by the State.
The adoption of International Financial Reporting Standards (IFRS) will be compulsory for State-owned enterprises (SOEs), listed companies and large-scale unlisted public companies after 2025, according to a draft project the Ministry of Finance recently made public for comments.
A two-day seminar discussing the role of State-owned enterprise (SOEs) reform in socio-economic development opened in Hanoi on April 17, as part of the Vietnam-Cuba friendly cooperation framework.
No State-owned enterprises (SOEs) gained approval for their equitisation plans in the first three months of 2019, according to the Ministry of Finance’s Corporate Finance Department.
The function of the Committee for the Management of State Capital at Enterprises (CMSC) is not trading State capital but to organise and develop State capital, said Deputy Prime Minister Vuong Dinh Hue.
Vietnam needs a strategy to promote the development of private firms with a focus on quality, as their contribution to the economy remains modest, attendees heard at a conference in Hanoi on March 15.
Prime Minister Nguyen Xuan Phuc has approved a new plan that focuses on restructuring the securities market until 2025.
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.
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.
Being the deal’s co-founder, Vietnam has the rights to accept or refuse a third country joining the CPTPP, while future participants could not propose too many new clauses to the deal as they must accept existing conditions.
Deputy Prime Minister Vuong Dinh Hue has stated that no group interests have been found in the equitisation and divestment of State-owned enterprises (SOEs) following inspections.
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.
The stock market begins the year 2019 with hopes for growth based on the firm foundation created in 2018 amid good indicators of the national economy.
An article published by US magazine Forbes has recently considered Vietnam as the hottest investment destination in Asia.