The Ministry of Construction said that speeding up the equitisation of and divestment of State capital from its State-owned businesses is one of the main focuses of the sector in 2018.
The restructuring of State-owned enterprises (SOEs) in the first nine months of this year failed to meet the set target, with 49 SOEs having their equitisation plans approved in the period.
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.
The Ministry of Finance has planned to boost the equitisation of State-owned enterprises (SOEs) through rating the publicity and transparency of the enterprises’ financial statements.
State-owned enterprises sold shares worth more than 2.08 trillion VND (93.2 million USD) in book value for 4.17 trillion VND (186.3 million USD) in the first five months of 2016.
Prime Minister Nguyen Tan Dung has approved the equitisation plan to transform the State-owned Vietnam National Construction Consultants Corporation (VNCC) into a joint stock company on January 15.
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