Vietnam’s Committee for Management of State Capital at Enterprises (CMSC) and the State-owned Assets Supervision and Administration Commission of the State Council of China (SASAC) held a conference on reform and development of State-owned enterprises (SOEs) in Beijing on March 18.
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.
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.
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.
Indonesia is stepping up the transformation of State-owned enterprises (SOEs) to mitigate the adverse impact of the COVID-19 pandemic, an official has said.
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.
Despite numerous efforts of the Government in speeding up the equitisation of State-owned enterprises, some ministries, sectors, localities and economic groups have showed ineffective performance in the work, thus slowing down the progress of the scheme.
Deputy Prime Minister Truong Hoa Binh chaired a meeting on August 10 to review draft decrees that amend and supplement a number of Government decrees on equitising State-owned enterprises (SOEs) and divesting State capital from businesses.
Deputy Prime Minister Truong Hoa Binh on August 6 requested the utmost effort from ministries, sectors, and State-owned enterprises (SOEs) to achieve the best result possible in equitising SOEs and divesting State capital from businesses.
Deputy Foreign Minister Nguyen Quoc Dung, on behalf of Prime Minister Nguyen Xuan Phuc, symbolically handed over 50,000 USD to the Ambassador of Myanmar to Vietnam Kyaw Soe Win to support the country’s fight against the COVID-19 pandemic.
Regulatory overlapping was the biggest problem at State-owned enterprises (SOEs) since they were handed over to the Commission for the Management of State Capital at Enterprises, officials have said.
Vietnamese Deputy Minister of Foreign Affairs Nguyen Minh Vu and Permanent Secretary of the Myanmar Ministry of Foreign Affairs Soe Han co-chaired the eighth annual political consultation at the deputy ministerial level in Hanoi on November 14.
Minister of Public Security To Lam welcomed the current Vietnam visit by Deputy Minister of Home Affairs of Myanmar Aung Soe during a reception in Hanoi on August 13.
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.
The equitisation of State-owned enterprises (SOEs) and divestment of State capital have created more products for the M&A market, heard the Vietnam M&A Forum in HCM City on August 6.
The value of the merger and acquisition (M&A) deals in Vietnam reached 5.43 billion USD in the first seven months of this year, according to data released on July 23 by the AVM Vietnam, a co-organiser of the Vietnam M&A Forum 2019.