President Prabowo Subianto said the Indonesian government aims to cut the number of SOEs and their subsidiaries from more than 1,000 at present to around 250 by the end of 2026.
State budget collections in Ho Chi Minh City in January were estimated at 42.47 trillion VND (1.84 billion USD), 11.6 percent of the estimate and up 2.9 percent year-on-year, according to the municipal Statistics Office.
The Ho Chi Minh Stock Exchange (HoSE)’s pre-tax profits increased 19 percent year-on-year in the first six months to 238 billion VND (10.3 million USD).
The Vietnam National Petroleum Group (Petrolimex) has met the majority of the goals set for the 2015-2020 period, paying nearly 188 trillion VND (about 8.036 billion USD) to the State budget while exhibiting strong performance in ensuring energy security, meeting demand for petroleum, and contributing to social welfare activities.
A State Enterprise Policy Committee meeting on May 18 approved a rehabilitation plan for Thai Airways International to solve the carrier’s financial difficulties, Prime Minister Prayut Chan-o-cha said.
More than 90 years ago, the Red Workers' General Union in Northern Vietnam – the predecessor of the Vietnam General Confederation of Union – was established in connection with the coming into being of the Communist Party of Indochina in Hanoi.
In the 2016-2020, Vietnam’s economic growth has improved and gradually recovered compared to the 2000-2010 period but still has yet to reach the strategic target.
Issues related to land use right continue to pose obstacles to the State-owned enterprises' process of evaluating the businesses and share prices and executing their equitisation plans, experts said at a meeting on August 8.
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.
State-owned shipping firm Vietnam National Shipping Lines (Vinalines) will trade 5.4 million shares on the Unlisted Public Company Market (UPCoM) on October 8, announced by the Hanoi Stock Exchange.
Many State-owned enterprises (SOEs) are finding it difficult to seek strategic investors following equitisation and have decided to retain the shares or sell them to the public.
The Ho Chi Minh City People’s Committee will equitise the Saigon Jewelry Co Ltd (SJC), Vietnam’s largest gold and gold jewelry production and distribution company, in 2019.
The Investment and Industrial Development Corporation (Becamex IDC) will float over 311.2 million shares, equivalent to 23.63 percent of its charter capital, in its initial public offering (IPO) on De
The PM has given the green light to the equitisation plan for Song Da Corporation in the form of selling parts of state-owned capital and issuing shares to increase charter capital to 4.5 trillion VND.
Prime Minister Nguyen Xuan Phuc has approved a plan to equitise the State-run Vietnam Urban and Industrial Zone Development Investment Corporation which has chartered capital of 132 million USD.
Strategic investors may sell their shares in a State-owned enterprise (SOE) three years after the firm is equitised, according to the Ministry of Finance.
Hanoi, December 28 (VNA) - Systemic problems in auctioning shares of State-owned enterprise (SOE) Vinamilk recently should serve as a lesson for upcoming equitising transactions, a Finance Ministry official says.