Ministry aims for SOEs equitisation completion in 2015
The Ministry of Construction said it sets to equitise the nine remaining
State-owned enterprises (SOEs) in 2015 in line with its established
restructuring roadmap.
The Ministry of Construction said it sets to equitise the nine remaining
State-owned enterprises (SOEs) in 2015 in line with its established
restructuring roadmap.
To accelerate the process, all the SOEs under the ministry are making every effort to implement their approved restructuring plans, focusing on equitisation and divestment from non-core investment projects.
The ministry has equitised six of the 15 SOEs thus far. In 2014 alone, the four firms, namely Hanoi Construction Corporation, Bach Dang Construction Corporation, Viglacera and Viwaseen, were equitised.
The remaining nine SOEs have divested nearly 2.4 trillion VND (112.8 million USD) from 54 required categories, fulfilling 47.1 percent of the set target.
Over the last two years, construction businesses have worked towards restructuring despite economic difficulties, while still ensuring stable jobs and incomes for their employees.
Along with restructuring efforts, the sector’s firms have also rolled out measures to proactively address potential future obstacles, as well as stabilise and promote their production and business activities.-VNA
To accelerate the process, all the SOEs under the ministry are making every effort to implement their approved restructuring plans, focusing on equitisation and divestment from non-core investment projects.
The ministry has equitised six of the 15 SOEs thus far. In 2014 alone, the four firms, namely Hanoi Construction Corporation, Bach Dang Construction Corporation, Viglacera and Viwaseen, were equitised.
The remaining nine SOEs have divested nearly 2.4 trillion VND (112.8 million USD) from 54 required categories, fulfilling 47.1 percent of the set target.
Over the last two years, construction businesses have worked towards restructuring despite economic difficulties, while still ensuring stable jobs and incomes for their employees.
Along with restructuring efforts, the sector’s firms have also rolled out measures to proactively address potential future obstacles, as well as stabilise and promote their production and business activities.-VNA
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