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Profitable businesses do not seek the state as a shareholder
The State has been urged to withdraw capital from Vinamilk because dairy production is not a business field the State needs to invest in. However, SCIC, which has the power to make investments in business with the state’s money, does not agree.
State continues to divest itself of holdings in public companies
VietNamNet Bridge – Only 150 state-owned enterprises (SOEs) were equitized in 2014, but the figure is expected to double this year as the State withdraws its stake in non-core businesses of state companies.
