The outbreak of COVID-19 in many localities has delayed the equitisation of State-owned enterprises (SOEs), according to Dang Quyet Tien, director of the Corporate Finance Department.
The development of the equity market will help promote the transparency and corporate governance of listed companies, especially public companies with State capital, an official has said.
Only nine state-owned enterprises (SOEs) were given the green light from the government for their equitisation plans this year, reported the Ministry of Finance (MoF).
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.
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