According to the steering committee, the Politburo’s Resolution No. 79-NQ/TW on the Development of State-Owned Economic Sector was issued in the context that the whole country is striving and determined to innovate and reform in many fields, aiming to become a developing country with modern industry and upper-middle income by 2030; and a developed country with high income by 2045.
Prime Minister Pham Minh Chinh has urged ministries, agencies, local authorities, and State-owned groups and corporations to take comprehensive and decisive measures to improve the performance of State-owned enterprises (SOEs), tighten land and asset management, to realise the national economic growth target of over 8% in 2025.
Pre-tax profit of parent companies of 19 corporations and parent companies under the Commission for Management of State Capital at Enterprises (CMSC) is estimated to reach 50.36 trillion VND (2.08 billion USD) in the first nine months of the year.
Indonesia will keep only 30 State-owed enterprises (SOE) by 2034 following the country’s consolidation roadmap between 2024 and 2034, according to Indonesian SOEs Minister Erick Thohir.
Ho Chi Minh City is exerting every effort to fulfil State-owned enterprise (SOE) equitisation goals during 2019-2020 as regulated in a plan to rearrange and reform SOEs approved by the Prime Minister.
The Ministry of Agriculture and Rural Development (MARD) inked an agreement to transfer its ownership of State capital in five State-owned agriculture enterprises (SOEs) to the Committee for Management of State Capital (CMSC) on November 15.
The operation efficiency of State-owned enterprises (SOEs) during 2011-2016 had yet to match the resources they were holding, according to a report delivered to the National Assembly on May 28.
The government has geared up for the divestment of State-owned capital from many large State-owned enterprises (SOEs) this year, according to the Ministry of Finance.
Some 28 of 34 auctions conducted by the Hanoi Stock Exchange (HNX) in 2017 sold out shares offered by state-owned enterprises (SOEs), raising over 2.63 trillion VND (115.72 million USD) for the State.
The fifth plenary meeting of the 12th Communist Party of Vietnam (CPV) Central Committee closed in Hanoi on May 10, fulfilling all the set objectives after six days of working.
Deputy Prime Minister Vuong Dinh Hue has asked the State Audit to focus more on the management and arrangement of human resources during the restructuring of State-owned enterprises (SOE).
The Ministry of Finance may use a “book building method” in selling the State’s holdings in State-owned enterprises (SOEs), Vu Bang, Chairman of the State Securities Commission, told local media.
The equitisation of State-owned enterprises (SOE) should be accelerated in an effort to cut the number of SOEs in 2015 by half to about 200 during 2016-2020.
Dang Quyet Tien, Deputy Director of the Ministry of Finance's Corporate Finance Department, speaks to Thoi bao Kinh te Viet Nam (Vietnam Economic Times) about the delay in the sale of SoE stakes.
