Tags: soes

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.

Finance Minister talks land management in equitised SOEs

Finance Minister talks land management in equitised SOEs

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.

State Audit agency to evaluate 25 State enterprises in 2019

State Audit agency to evaluate 25 State enterprises in 2019

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.

Lower corporate income tax on SMEs proposed

Lower corporate income tax on SMEs proposed

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.

Super commission to streamline SOEs

Super commission to streamline SOEs

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.

Deputy Minister: CMSC aims to improve accountability for State capital use

Deputy Minister: CMSC aims to improve accountability for State capital use

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.