State-owned groups
Nineteen State-owned groups and corporations expect to incur losses of some VND26 trillion (US$1.1 billion) this year due to the coronavirus crisis.
Transport mainstays in call for policy backing
State-owned transport giants Airports Corporation of Vietnam, Vietnam Airlines, Vietnam Railways, and Vietnam Maritime Corporation suffered all-time biggest losses in the first quarter of 2020 due to COVID-19
State-owned groups hard hit by Covid-19
The State Capital Management Committee has revealed reports from 19 state-owned groups and corporations which showed that they are losing some VND279.76 trillion (USD12.16 billion) in revenues this year due to the Covid-19.
State-owned enterprises face 3.7-trillion-VND loss in Q1 due to COVID-19
Nineteen State-owned groups and corporations under the Commission for the Management of State Capital at Enterprises (CMSC) incurred losses worth around $160 million in the first quarter of this year due to the impacts of the COVID-19 pandemic.
19 State-owned groups to undergo financial supervision
The Committee for Management of State Capital at Enterprises (CMSC) plans to strengthen the supersivion and management at 19 State-owned groups and corporations.
19 State-owned groups in Vietnam to be under financial supervision
The Commission for the Management of State Capital at Enterprises (CMSC) this year will oversee the finance of 19 State-owned groups and corporations.