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.
Long An province led localities in the Mekong Delta region in budget collection in 2018, which hit over VND13.8 trillion (over US$595 million), VND3.8 trillion higher than the target set for the year.
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.
Between 2016 and now, State-owned enterprises (SOEs) have contributed to effectively implementing policies to ensure macroeconomic stability and curb inflation, helping bolster socio-economic development.
Vietnam has equitised 147 state-owned enterprises (SOEs) since 2016, collecting VND206.7 trillion from equitisation and divestment.
Prime Minister Nguyen Xuan Phuc has asked for the clarification of responsibilities of organisations and individuals in delaying the equitisation of state-owned enterprises (SOEs).
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.
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.
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).
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.
The State Capital Investment Corporation (SCIC) was transferred from the Ministry of Finance to the Committee for Management of State Capital at Enterprises (CMSC) on November 12.
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.
VOV.VN - Prime Minister Nguyen Xuan Phuc has appreciated the Republic of Korea (RoK)’s reputable SK Group for its investments in an effort to help Vietnam spur economic development, thereby contributing to the strategic partnership between the two nations.
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.
Finance Minister Dinh Tien Dung made clear on some issues concerning land management, evaluation of the rights to land use of equitised State-owned enterprises (SOEs), and invoice management to prevent State budget loss, during a question-and-answer session at the ongoing sixth meeting of the 14th National Assembly in Hanoi on October 31.
The State Audit of Vietnam (SAV) will audit 25 State-owned enterprises and financial organisations in 2019. They include the State Bank of Vietnam, 21 economic groups and corporations and three banks and credit institutions.
Corporate income tax levied on small and medium–sized enterprises (SMEs) should be reduced to promote the business development, a solution together with broadening tax base to increase budget revenue from business and production.
As large-scale state-owned enterprises (SOEs) in Vietnam are performing poorly, the establishment of a ministry-level commission for managing state capital at SOEs is expected to help them improve operational effectiveness tremendously.
Prime Minister Nguyen Xuan Phuc has encouraged Japanese businesses to become strategic partners of Vietnam’s State-owned enterprises (SOEs), especially in industrial infrastructure construction.
The establishment of the Committee for Management of State Capital (CMSC) aims to improve accountability for the use and management of State capital in business operations, thereby preventing loss and wastefulness, Deputy Minister of Planning and Investment Le Quang Manh told a press conference in Hanoi on October 1.