Friday, August 18, 2017 - 12:18:53

Equitised firms urged to list in stock market

VNA Print

Deputy Prime Minister Vuong Dinh Hue (Source: VNA)

Hanoi (VNA) – Deputy Prime Minister Vuong Dinh Hue has urged equitised companies which have not listed in the stock market to expeditiously complete procedures to register for listing and transaction.

Accordingly, ministries, agencies, provincial-level People’s Committees and the Council of Members of State-owned economic groups and corporations must urge equitised enterprises under their management to speed up the firms’ registration for transaction and listing.

They have to report the work’s progress to the Prime Minister before November 1.

Vietnam is accelerating the restructuring of State-owned enterprises (SOEs) in an effort to improve their performance.

However, the Ministry of Finance said the restructuring in the first nine months of 2016 failed to meet the set target, with 49 SOEs having their equitisation plans approved in the period.

Meanwhile, only 42 SOEs and two public service institutions were equitised between January and August, according to the Steering Committee for Business Reform and Development.-VNA
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