Tags: soes

Deputy PM: Agro-forestry SOEs to be audited in 2019

Deputy PM: Agro-forestry SOEs to be audited in 2019

A thorough audit of all State-owned agricultural businesses will be carried out in 2019 following next year’s concentrated restructuring efforts, so as to identify underperforming firms and other issues facing the sector.

Debt trading firm in line for a makeover: Finance Ministry

Debt trading firm in line for a makeover: Finance Ministry

The functions and operations of the Vietnam Debt and Asset Trading Corporation (DATC) should be restructured to deal with the “next phase” of handling non-performing loans (NPLs), the Finance Ministry (MoF) said.

Ba Ria-Vung Tau province pushes equitisation of SOEs

Ba Ria-Vung Tau province pushes equitisation of SOEs

Vice Chairman of the People’s Committee of the southern coastal province of Ba Ria-Vung Tau Nguyen Thanh Long has urged relevant agencies to supervise the restructuring of State-owned enterprises (SOEs).

Equitisation of SOEs from perspective of foreign investors

Equitisation of SOEs from perspective of foreign investors

Equitisation of State owned enterprises (SOEs) has progressed well in 2011-2016 and the first eight months of 2017 thanks to various ministries and sectors, economic groups and localities getting onboard, said an official from the Ministry of Finance.

Special evaluation council for Long Thanh airport component project

Special evaluation council for Long Thanh airport component project

Minister of Planning and Investment Nguyen Chi Dung will be the chairman of a special state evaluation council to evaluate the feasibility study report of Long Thanh airport project on land revocation, compensation, and support for the resettlement of affected local residents.

SOEs divest US$163.4 million in 8 months

SOEs divest US$163.4 million in 8 months

State-owned enterprises divested more than VND3.7 trillion (US$163.4 million) in book value from investment in non-core operations during the first 8 months of 2017, according to the Ministry of Finance’s Corporate Finance Department.

PM urges Thai firms to grasp opportunities in Vietnam

PM urges Thai firms to grasp opportunities in Vietnam

PM Nguyen Xuan Phuc has urged Thai firms to grasp opportunities arising from merger & acquisition activities and the equitisation of SOEs and their divestment in transport, infrastructure, food, agriculture, telecommunications, trade, services and construction in Vietnam.

HSBC: Vietnam may miss 3.5% fiscal deficit for 2017

HSBC: Vietnam may miss 3.5% fiscal deficit for 2017

While a renewed focus on equitizing State-owned enterprises (SOEs) has been exhibited following the leadership transition in April last year, equitization alone is not a short-term solution to reducing the government’s fiscal deficit.

The wary balance of the market-based economy

The wary balance of the market-based economy

Although Vietnam’s business community has been the backbone of the country’s market-based economy over the past decades, it has experienced its share of ups and downs.

Government to punish recalcitrant SOEs

Government to punish recalcitrant SOEs

Leaders of qualified State-owned enterprises (SOEs) will face demotions, salary cuts, fines and even criminal charges if they fail or delay listing on the Unlisted Public Company Market (UPCoM).