Finance Minister Dinh Tien Dung will chair an investment promotion conference slated for April 16-19 in Seoul, the Republic of Korea (RoK), according to the State Securities Commission.
The Government raised more than 1.39 trillion VND (61.5 million USD) by divesting its stake in State-owned enterprises (SOEs) in the first quarter of this year, according to the Ministry of Finance.
The Ministry of Planning and Investment (MPI) has just asked the Government to handle the state-owned enterprises (SOEs) which failed to disclose their business information in 2017 in line with the Government’s Decree 81/2015/ND-CP issued in September 2015.
Three State-owned enterprises (SOEs) will make initial public offerings (IPOs) in March, floating 2.5 trillion VND (110 million USD) worth of stakes in the market in the second wave of SOEs IPOs in 2018.
Deputy Prime Minister Vuong Dinh Hue has urged ministries, agencies and localities to promptly fulfill assigned tasks regarding equitisation and divestment in State-owned enterprises (SOEs), towards making them more transparent, healthy and efficient.
Deputy Prime Minister Vuong Dinh Hue has asked for a breakthrough in improving the health of businesses, especially State-owned enterprises (SOEs) in 2018.
Renovating the growth model and raising productivity are the key tasks to develop Vietnam’s economy, said Vu Tien Loc, chairman of the Vietnam Chamber of Commerce and Industry (VCCI), at a conference held in Hanoi on January 22.
In a bid to more effectively control state capital in enterprises, the government will establish an official committee dedicated to manage it in the first quarter of 2018.
The government has geared up for the divestment of State-owned capital from many large State-owned enterprises (SOEs) this year, according to the Ministry of Finance.
As many as 3,256 enterprises were established with a combined registered capital of 20.37 trillion VND (897.35 million USD) in the Central Highlands provinces in 2017, representing year-on-year rises of 21.62 percent and 18 percent, respectively.
The list of SOEs (state owned enterprises ) subject to equitization is long with many well-known names.
Transparency in the equitisation of State-owned enterprises (SOEs) must be enhanced to attract foreign strategic investment in the process, experts said.
The state will divest about 20 per cent of its stake – more than 435 million shares – in Vietnam’s largest state-owned airport operator in the third quarter of next year.
Deputy Prime Minister Vuong Dinh Hue called for speeding up the equitisation of State-owned enterprises (SOEs) at a recent meeting of the Steering Committee for Business Renovation and Development.
State-owned enterprises (SOEs) can apply the book building method at their initial public offering (IPO) from the beginning of 2018, according to a recently issued decree.
Vietnam is still under big pressure to call for capital for domestic debt swap, with 50% of domestic debts expected to reach maturity in the next three years, according to the World Bank.
VOV.VN - Vietnam’s stock market is becoming an important channel for mobilizing capital. State-owned enterprises are being equitized to improve governance capacity and financial transparency.
Clear, transparent and efficient policies are needed to encourage more foreign investors to jump into the Vietnamese securities market if it is to reach its considerable potential.
Ministries have approved the restructuring plans of additional state-owned enterprises, with the latest including the Vietnam Mobile Telecom Services One Member Limited Liability Company (Mobifone) and the Vietnam Post Corporation (VNPost), in line with the Government’s SOE restructuring action plan.
The Central Institute for Economic Management (CIEM) released a report on October 30 on the actuality of strategic shareholders’ involvement in State-owned enterprises’ (SoEs) equitisation process, which they concluded to be below expectations.