An international conference was held in Hanoi on November 25 to seek the enhancement of cooperation with global investment institutions to mobilise green finance for State-owned enterprise (SoE) restructuring and sustainable development.
Among the 183 State-owned enterprises (SOEs) equitised from 2016 to June this year, only 39 are in the Prime Minister-approved list of the 128 SOEs subject to equitisation, equivalent to 30 percent.
Shortcomings in terms of institutions and laws are the main cause of the sluggish restructuring of State-owned enterprises (SOEs), which may fail to fulfill many important targets by the end of 2020, according to the Central Institute for Economic Management (CIEM).
The recently-established Committee for the Management of State Capital at Enterprises (CMSC) will have a heavy workload to shoulder, needing great efforts exerted to overcome this challenge, according an expert.
The restructuring and equitisation of State-owned enterprises (SOEs) should focus on quality instead of quantity, and the State’s investments need to be restructured to become more effective, an expert has said.
The State-owned Vietnam National Shipping Lines (Vinalines) raised just over 54.4 billion VND (2.34 million USD) from an initial public offering (IPO) at the Hanoi Stock Exchange on September 5.
The State Audit has shown strong performance in auditing the restructuring of State-owned enterprises (SOE) since it involved in the work in 2011, with better results through years, contributing to making the national financial sector healthier.
Deputy Prime Minister Vuong Dinh Hue called for speeding up the equitisation of State-owned enterprises (SOEs) at a recent meeting of the Steering Committee for Business Renovation and Development.
Strengthening financial supervision of State-owned enterprises (SOEs) is key to improving their performance and enhancing the efficiency of State investments, experts said on November 29.
Only 42 State-owned enterprises (SOEs) and two public service institutions were equitised between January and August this year, according to the Steering Committee for Business Reform and Development.
The Ministry of Construction is grappling with equitising its State-owned enterprises as the equitisation plan for 2015 has had its implementation deadline extended to Q2, and now Q3 of this year.
Despite the government's efforts to hasten the restructuring of State-owned enterprises (SOEs), the workload remained huge in the remaining months of this year to fulfil the plan of 2011-2015 period.
Deputy Prime Minister Vu Van Ninh has asked ministries to promptly issue
policies on the reform and restructuring of State-owned enterprises
(SOE) as scheduled while rolling out more drastic measures to complete
the SOE equitisation plan for 2014-15.
Business
