The policy under which enterprises’ managers are paid based on the enterprises’ scale and numbers of workers is unreasonable, according to experts.

A VCCI (Vietnam Chamber of Commerce and Industry) report released in late 2019 showed that the privileges to ‘crony’ businesses have decreased, but not enough to ensure equal competition among businesses.

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.

Ministries are working to convince Prime Minister Nguyen Xuan Phuc to amend divestment plans at some large State-owned enterprises (SOEs).

The Government has asked the Ministry of Planning and Investment to build a project on developing large-scale State-owned enterprises (SOEs) to promote their role in the country’s socio-economic development.

Ministries are working to convince Prime Minister Nguyen Xuan Phuc to amend divestment plans at some large State-owned enterprises (SOEs).

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

Nearly 100 Vietnamese companies will need to hit the road for share auctions by the end of 2020 to meet the government’s target of privatizing state firms.

Inefficient State-owned enterprises must be handled this year, Prime Minister Nguyen Xuan Phuc has said.

The equitisation of State-owned enterprises (SOEs) has fallen behind the target set by the Government and ministries for 2017-20.

Fitch Solutions maintain 2019 fiscal deficit forecast at 6.6%, but are revising up our 2020 and 2021 fiscal deficit forecasts for Vietnam to 7.0% and 7.2%, respectively, from 6.6% previously.

The State Audit Office of Vietnam (SAV) will scrutinize 16 ministries and central agencies; 40 provincial-level governments; and a number of financial institutions, banks and State-owned firms next year.

Varying comments continue to hit the draft amendments to the Law on Enterprises 2014 and the Law on Investment 2014, with further revisions cited for state holding in state-owned enterprises garnering heightened attention among investors.

The public capital must be allocated based on market principles, said an expert.

Seven major traffic infrastructure projects in the country have fallen behind schedule, including Ben Luc-Long Thanh and Trung Luong-My Thuan expressways, along with five urban railways, according to the Ministry of Transport.

SOE equitization and divestment needs greater efforts from all concerned as yet another deadline seems likely to be missed.

Since it normalized relations with the powers like China in 1991 and the USA in 1995, Vietnam has begun to integrate into the global economy.

State-owned enterprises (SOEs) face unique challenges when it comes to attracting foreign financing for infrastructure projects. But there are solutions.

Insurer Bao Viet Holdings (BVH) and the Bank for Investment and Development of Viet Nam (BIDV) have approved plans of paying cash dividends worth combined US$236 million in the next two months.

From the state firms’ perspective with the priority of ensuring no loss to state capital, investments in innovation pose high risks due to its uncertain nature, which could translate into successes into the long term or not.