VOV.VN - Law makers passed a revised version of the Law on Enterprises on June 17 with 90.68% of approval votes during the ongoing ninth session of the 14th National Assembly (NA).
About 84.8 percent of businesses in the processing – manufacturing sector predicted expansion and stability in their production for the first quarter of 2020, the General Statistics Office (GSO) said.
VOV.VN - The equitization of State-owned enterprises have remained sluggish, reaching only 28 per cent of the planned figure by July.
Up to 80 percent of the 19 State-owned economic groups and corporations under the management of the Committee for Management of State Capital at Enterprises (CMSC) earned profits in the first half of this year, fulfilling more than half of their yearly targets, according to the committee.
VOV.VN - As many as 93 out of 127 State-owned enterprises had yet to be equitized by May 2019, accounting for 73 per cent of the total amount.
A circular amending and supplementing several provisions of Circular 32/2013/TT-NHNN guiding the implementation of regulations on restricting the use of foreign currencies in the territory of Vietnam became effective on May 13.
The equitisation of State-owned enterprises (SOEs) is still slow, failing to reach the rate of progress as directed by the Prime Minister, Deputy Minister of Finance Vu Thi Mai said at the Government’s regular press briefing in Hanoi on May 4.
The adoption of International Financial Reporting Standards (IFRS) will be compulsory for State-owned enterprises (SOEs), listed companies and large-scale unlisted public companies after 2025, according to a draft project the Ministry of Finance recently made public for comments.
A two-day seminar discussing the role of State-owned enterprise (SOEs) reform in socio-economic development opened in Hanoi on April 17, as part of the Vietnam-Cuba friendly cooperation framework.
Vietnam seems set to miss its target for privatizing state companies, causing fears this might affect its CPTPP commitments.
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.
The Government earned VND198 trillion (US$8.49 billion) from divestment and equitisation of State-owned enterprises (SOEs) in the past three years.
Vietnam is emerging as one of the world’s hottest markets for private equity investments thanks to its high rate of return, driven by the country’s rapidly growing economy and the government’s fine-tuned policies.
State agencies removed 39,823 officials from the pay list from 2015 to August 2018, according to the Ministry of Home Affairs’ spokesperson Vu Dang Minh.
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.
The Government needs to enlarge the scale of the market and lure more State-owned enterprises to list shares through speeding up their equitisation, according to Luu Trung Thai, Vice Chairman of the Military Commercial Joint Stock Bank.
Poorly implemented economic reforms have left Vietnam with a distorted market still struggling to overcome the shadow of inefficient State-owned enterprises, an economist said on January 18.
Deputy Prime Minister Vuong Dinh Hue has urged the Ministry of Planning and Investment (MPI) to quickly finalise the list of State-owned enterprises (SOEs) that needed to be divested.
The renovation and development of State-owned enterprises in 2017 and beyond should be accelerated in a more practical manner, focusing on essential fields such as defence and security.
The second meeting between Prime Minister Nguyen Xuan Phuc and the Vietnamese business community is due at the end of March in Hanoi.