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Update news state capital
Plans afoot to aid fortunes of state-owned enterprises
Acall has been made for Vietnam to revise the regulations on the management and use of state capital in enterprises to create state-owned groups that can operate more effectively and contribute more to national economic development
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.
PM asks to handle inefficient State-owned enterprises
Inefficient State-owned enterprises must be handled this year, Prime Minister Nguyen Xuan Phuc has said.
PM metes out disciplinary measures on some officials
The Prime Minister has issued several decisions on disciplinary measures against some officials.
State capital investment corporation successfully sells capital in nearly 1,000 firms
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.
UPCoM promises investors better performance
The Unlisted Public Company Market (UPCoM) has grown over the last 10 years and become more transparent, attracting increased interest from investors.
State banks told to buy back state-owned institutions’ bank stakes
The Prime Minister’s new decision requires the central bank (SBV), or state-owned commercial banks appointed by SBV, to buy back capital contributed by state-owned institutions to credit institutions.
State capital’s representatives at banks – who are they?
Individuals who represent the state’s capital at commercial banks are also officials working for state management agencies. This practice is causing concern among those who believe it to create unfair competition among banks.
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.
State’s stakes go for a good price
VietNamNet Bridge – Investors have arranged big money ready to disburse for the big investment deals once the State sells its stakes in some enterprises.
Government considers selling state’s capital at a loss
The government may allow state owned economic groups and general corporations to sell stakes at the prices below the book value as a solution to accelerate the state owned enterprise restructuring process.
Deputy PM: Gov't wants to sell unprofitable SOEs instantly
VietNamNet Bridge – What should the State do – selling unprofitable state owned enterprises (SOEs) which cannot bring profits any more, or selling profitable SOEs which keep laying golden eggs?
Port and airport management companies to be equitized
To speed up the restructuring of state-owned enterprises (SOEs), the Ministry of Planning and Investment has issued the draft classification criteria to ensure the implementation of the roadmap of divesting State capital from SOEs.
