The southern province of Dong Nai is striving to complete the equitisation of almost all of its State-owned enterprises (SOEs) by the end of 2015.

Reports by the provincial People’s Committee say Dong Nai is now home to 53 SOEs. The province is speeding up the restructuring and equitisation of and divestment from SOEs in line with a plan on restructuring the SOEs approved by the Prime Minister.

Accordingly, the local authorities has urged a number of SOEs to finish their equitisation in the period of 2014-2015. Meanwhile, several enterprises have been also asked to withdraw their capital from non-core business.

In additions, in order to hasten the equitisation, local authorities proposed the Government to soon issue policies on recruitment, salary and bonuses of SOEs which hold over 50 percent of chartered capital.-VNA