Tags: state capital

Meeting discusses amendments to decrees on SOE equitisation

Meeting discusses amendments to decrees on SOE equitisation

Deputy Prime Minister Truong Hoa Binh chaired a meeting on August 10 to review draft decrees that amend and supplement a number of Government decrees on equitising State-owned enterprises (SOEs) and divesting State capital from businesses.

PM urges better coordination in managing State capital

PM urges better coordination in managing State capital

Prime Minister Nguyen Xuan Phuc urged better coordination between the Commission for the Management of State Capital at Enterprises (CMSC) and ministries, sectors and corporations at a review conference of the CMSC on January 16.

State capital divestment faces pressure

State capital divestment faces pressure

Capital divestment from State-owned enterprises (SOEs) had slowed and was still facing difficulties, said Dang Quyet Tien, Director of the Corporate Finance Department under the Ministry of Finance.

CMSC should develop capital, not trade it: Deputy PM

CMSC should develop capital, not trade it: Deputy PM

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.

Ministry to sell 18% stake in Viglacera

Ministry to sell 18% stake in Viglacera

The Ministry of Construction has offered nearly 80.58 million shares of the largest ceramics producer Viglacera in an attempt to offload the State capital in the company.

Management of State capital, asset in focus at NA’s May 28 session

Management of State capital, asset in focus at NA’s May 28 session

Lawmakers will focus their attention on the implementation of policies and laws on the management and use of State capital and asset in enterprises and the equitisation of State-owned enterprises during 2011-2016 on May 28 as part of the fifth session of the 14th National Assembly.

NA supervises management, use of State capital, assets in enterprises

NA supervises management, use of State capital, assets in enterprises

A supervision team of the National Assembly (NA) had a working session with representatives of the Government, ministries and sectors on the NA’s draft Report and Resolution on the supervision of management and use of State-owned capital and assets at enterprises and equitisation of State-owned enterprises from 2011 – 2016.

State capital manager urged to root out corruption

State capital manager urged to root out corruption

The committee for management of state capital at enterprises must join hands with relevant agencies to chalk out concrete measures to prevent corruption, losses and waste, said Prime Minister Nguyen Xuan Phuc.

Vietnam state investor to sell 3.33 pct of Vinamilk on Nov. 10

Vietnam state investor to sell 3.33 pct of Vinamilk on Nov. 10

Vietnam's state investor on October 16 said it plans to sell 3.33 percent of Vietnam Dairy Products JSC (Vinamilk) on Nov. 10, without the restrictions that applied to a similar sale last year when only a portion of the offering sold.

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.

Equitisation plan for Song Da Corporation gets approval

Equitisation plan for Song Da Corporation gets approval

The Prime Minister has given the green light to the equitisation plan for Song Da Corporation in the form of selling parts of state-owned capital and issuing shares to increase charter capital to VND4.5 trillion (US$198.3 million).

Shake-up needed in managing State capital

Shake-up needed in managing State capital

Vietnam urgently needs an effective model for managing State capital at State-owned enterprises (SOEs) to prevent loss and corruption while promoting efficiency in using State capital.

Business wages rise in 2016

Business wages rise in 2016

The Ministry of Labour, Invalids and Social Affairs investigated wages in 2,000 businesses with an average of 360 employees in 18 cities and provinces nationwide in 2016, with results indicating an increase from 2015.