SOEs

Latest News about SOEs

Foreign investors look forward to Vietnam’s imminent IPOs in 2020icon
BUSINESS14/02/20200

Foreign investors look forward to Vietnam’s imminent IPOs in 2020

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.

 
Vietnam's fiscal deficit set to see a short-term spike: Fitch Solutionsicon

Vietnam's fiscal deficit set to see a short-term spike: Fitch Solutions

FEATURE
01/01/2020

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.

Audit regulator announces inspection plans for 2020icon

Audit regulator announces inspection plans for 2020

BUSINESS
17/12/2019

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.

SOE concept a focus of law discussionicon

SOE concept a focus of law discussion

BUSINESS
05/12/2019

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.

Efficient resource utilization may help Vietnam GDP grow 9-10%icon

Efficient resource utilization may help Vietnam GDP grow 9-10%

BUSINESS
04/12/2019

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

Seven major infrastructure projects lag behind scheduleicon

Seven major infrastructure projects lag behind schedule

BUSINESS
30/11/2019

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.

Some way to go in SOE equitizationicon

Some way to go in SOE equitization

BUSINESS
17/11/2019

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

Who will lead Vietnam's economy?icon

Who will lead Vietnam's economy?

FEATURE
11/11/2019

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.

Building credit: How SOEs can get foreign financing for infrastructureicon

Building credit: How SOEs can get foreign financing for infrastructure

FEATURE
08/11/2019

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

State budget to receive $216m in cash dividend from State-owned businessesicon

State budget to receive $216m in cash dividend from State-owned businesses

BUSINESS
06/11/2019

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.

Vietnam’s state firms trail behind in digitalization processicon

Vietnam’s state firms trail behind in digitalization process

BUSINESS
06/11/2019

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.

Vietnam's private sector positioned for prosperityicon

Vietnam's private sector positioned for prosperity

BUSINESS
05/11/2019

Ongoing assistance will see Vietnam's private sector truly become a driver of economic growth, stakeholders said.

Vietnamese SOEs must reform and invest in technologyicon

Vietnamese SOEs must reform and invest in technology

BUSINESS
17/10/2019

State-owned enterprises (SOE) must strive to reform and become innovation centres in today's modern economy.

In Vietnam, business must be the center of all policiesicon

In Vietnam, business must be the center of all policies

FEATURE
17/09/2019

The Ministry of Planning and Investment (MPI) is drawing up a plan to increase Vietnam’s national productivity, which remains at an alarmingly low rate compared with neighboring countries.

Transport Ministry wants to turn ACV into wholly state-owned firmicon

Transport Ministry wants to turn ACV into wholly state-owned firm

BUSINESS
15/09/2019

To acquire 100 percent of shares of the Airports Corporation of Vietnam (ACV), the state will have to buy more than 100 million shares at the price of VND79,000 per share.

Deputy PM reviews progress in handling of 12 struggling projectsicon

Deputy PM reviews progress in handling of 12 struggling projects

BUSINESS
08/09/2019

Deputy Prime Minister Vuong Dinh Hue chaired a meeting on September 6 to review the progress of concerned ministries, agencies and companies in the handling of 12 major struggling industrial projects.

How should state companies hire and use foreign talent?icon

How should state companies hire and use foreign talent?

BUSINESS
29/07/2019

Vietnam needs talents to build an economy with modern corporate governance, but problems remain at the state level.

State capital investment corporation successfully sells capital in nearly 1,000 firmsicon

State capital investment corporation successfully sells capital in nearly 1,000 firms

BUSINESS
18/07/2019

The State Capital Investment Corporation (SCIC) successfully sold capital in 999 enterprises as of June 30, said Deputy General Director Le Song Lai during a conference on July 17.