Experts say these enterprises need an ‘exchange transfusion’, which means a basic change in corporate governance. If not, they will continue taking losses.

The government has sent a report to the National Assembly on investment of state capital in enterprises, and the use of the fund for enterprise support and development in 2019.

Many enterprises have reported big losses because of Covid-19, including large state-owned groups.

The equitization of state-owned enterprises must place more importance on the management experience of strategic investors.

Many state-owned enterprises (SOEs) have been equitized but have not seen considerable changes as the state's ownership ratio remains high. Many of them are still taking losses and struggling to survive.

The assets of the 12 loss-making mega-projects under the Ministry of Industry and Trade (MOIT) total VND59.1 trillion, while total accounts payable is VND63.3 trillion.

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

As the Government is focusing on accelerating the privatisation and divestment of State-owned enterprises (SOEs), attracting foreign investment is important to the success of the progress,

The number of bankrupt state-owned enterprises (SOE) in reality is low, and is not commensurate with the number of private enterprises in bankruptcy.

The Ministry of Planning and Industry (MPI) is developing a new decree to guide State-owned enterprises (SOEs) on disclosing information, aiming to...

Having been driven onto the right track, unprofitable state-owned economic groups and general corporations, informally called ‘iron fists’, thanks to their important role in the economy, have recovered strongly.

Saigontourist, which once held 50 percent of capital at Sai Gon Golf JSC, has divested all of its contributed capital.

Dr Burkhard Schrage, Senior Programme Manager of Management at RMIT’s School of Business & Management talked about the work of equitising State-owned enterprises during the COVID-19 pandemic.

While private enterprises have made more outward investments, state-owned enterprises (SOEs) have been gradually reducing their investments, reported Bizlive.

State-owned economic groups had registered 114 outward investment projects as of the end of 2019 with registered capital of $13.8 billion, according to the MInistry of Public Investment.

Effective in 2021, the amended laws on Enterprises, Investment, and Public-Private Partnership are expected to entail breakthrough changes to Vietnam’s business and investment landscape in the coming time, 

The National Assembly (NA) passed the revised Law on Enterprises on Wednesday morning in Ha Noi, introducing several important changes to regulations overseeing business activities.

Major infrastructure projects, especially in the southern key economic zone, are moving at a snail’s pace due mainly to slow site clearance and capital disbursement, according to a report the Government recently sent to the National Assembly.

State-owned economic groups, complaining about the losses caused by Covid-19, have asked for financial support at a time when the government is preoccupied with fighting the pandemic.

The equitisation of State-owned enterprises (SOEs) was being hindered by troublesome policies, lack of transparency in land management and the recent devastation inflicted by the COVID-19 pandemic, experts said.