equitisation

Update news equitisation

Although relevant policies have been put in place, the process of equitisation and divestment of state capital is still moving at a very slow pace.

SOE equitisation slow this year due to COVID-19

The outbreak of COVID-19 in many localities has delayed the equitisation of State-owned enterprises (SOEs).

No SOEs equitised in five months, Gov't's plan likely missed

The rate of equitised State-owned enterprises (SOEs) for the 2017-20 period has remained at 28 per cent for several months, the latest update from the Ministry of Finance shows.

Equitisation doesn't necessarily mean a better future for SOEs

Equitisation should be a magic wand to improve the performance of a State-owned enterprise (SOE), but in some cases, it is not.

Equitisation of State-run enterprises remains slow: finance ministry

The equitisation of State-owned businesses from 2016-2019 fell behind schedule, putting heavier pressure on this year, according to the Ministry of Finance.

Ministry addresses land issues to boost SOEs’ equitisation

As issues related to land use rights still hinder State-owned enterprises (SOEs) from executing equitisation on time, the finance ministry has built a draft to amend the current decree regulating land issues.

Equitisation vital for VN stock market growth

The successful equitisation and capital divestment of State-owned enterprises (SOEs) would create benefits that boosted the stock market and business performance, experts have said.

 

Super committee faces difficulties in checking SOE property

The increasing amount of property and land under State-owned enterprises (SOEs) was mentioned as a factor in their slow equitisation.

Accelerating relentless equitisation

The Vietnamese government has made the latest bold move in a bid to further accelerate the long-lasting equitisation of state-owned enterprises. 

Finance ministry to announce over 750 firms delaying listing

A list of 755 enterprises failing to register to list on the stock market after equitisation will soon be announced.

Tightening management of State assets in enterprises, equitisation

The 14th NA adopted at its 5th session a resolution on continuing to improve and enforce policies and laws on the management and use of State capital and assets in enterprises and during the equitisation of State-owned enterprises.

Obstacles remain to equitisation

 VietNamNet Bridge – Ngo Minh Hai, deputy head of the State-owned enterprise (SOE) club of Central Economic Management Institute, told Hai Quan (Customs) newspaper about the equitisation of SOEs in Viet Nam.

200 SOEs set for IPOs in Q3 next year

 The Ministry of Finance plans by the end of this year to complete a list of 200 State-owned enterprises (SOE) for equitization and their initial public offerings (IPO) will be launched in the third quarter of next year.

BUSINESS IN BRIEF 14/4

 Vietinbank may acquire Petrolimex's PGBank; More border gates benefit from tax breaks; Ministry wants new housing projects stopped; Ariston Thermo opens new plant in Bac Ninh; Toyota to recall 42,772 vehicles

Equitisation will be expedited

 VietNamNet Bridge – The Ministry of Transport is determined to equitise SOEs under its control to improve production and business activities, Minister Dinh La Thang spoke to the Tin Tuc (News) Newspaper.

BUSINESS IN BRIEF 16/3

 Underground commercial center awaits investors; Government-backed loans still rise despite restrictions; SOE equitisation to quicken; Shipbuilding industry sees 25-30 pct growth annually

VN wants to keep at least 65% equity in state-owned banks

Except Vietinbank, other State-owned commercial banks are not allowed to sell more than 35% of the shares. The government has also permitted State-owned corporations to divest from non-core business fields below the face value.

Effective equitisation key to SOE reform: IFC official

 Amid rising pressure on State-owned enterprises to reform and critical problems that hinder the process, Ethiopis Tafara, Vice President and General Counsel of the International Finance Corporation (IFC), talked about this issue.