The slow listing of post-equitisation firms, including State-owned enterprises (SOEs), may make Vietnamese firms less attractive regarding a lack of corporate transparency and government agencies managing those firms must be blamed for the problem.
The Ministry of Industry and Trade (MoIT) will transfer State capital ownership representative rights in five enterprises to the State Capital Investment Corporation (SCIC) in the first quarter of this year.
Experts have predicted a banner year for merger and acquisition (M&A) activities in 2019 thanks to recent positive developments.
Deputy Prime Minister Vuong Dinh Hue has highlighted remarkable results of Vietnam's economic development in 2018 and made positive forecasts for the national economic growth in 2019 in an interview recently granted to the Vietnam News Agency.
FPT Corporation’s revenue and pre-tax profit in 2018 were 23.2 trillion VND (almost 1 billion USD) and 3.85 trillion VND, respectively.
The Ministry of Industry and Trade has announced that its Department of Finance and Enterprise Innovation will step up the restructuring and equitisation of State-owned enterprises (SOEs), together with listing them on the stock market.
PV Oil’s locking of the foreign ownership ratio at 6.6 percent is a temporary measure before the Government endorses its new capital divestment plan, said General Director Cao Hoai Duong.
The State Bank of Vietnam (SBV) has set a target to stop cross-ownership among credit institutions (CIs) by the end of 2020.
Deputy Prime Minister Vuong Dinh Hue has stated that no group interests have been found in the equitisation and divestment of State-owned enterprises (SOEs) following inspections.
Issuance value of corporate bonds in Vietnam reached a five-year high of 39.45 trillion VND (1.7 billion USD) in 2018, data from Bao Viet Securities Co (BVSC) showed.
Prime Minister Nguyen Xuan Phuc asked accountability to be enhanced in the restructuring and divestment of State-owned enterprises (SOEs) to improve the efficiency of the process.
The Ministry of Finance has issued new securities-related service regulations for trading organisations and commercial banks doing business in Vietnam’s stock market.
The stock market begins the year 2019 with hopes for growth based on the firm foundation created in 2018 amid good indicators of the national economy.
The first trading session of Vietnam’s stock market in 2019 began with a gong-beating ceremony held at the Hanoi Stock Exchange (HNX) on January 2.
Vietnam’s stock market capitalisation rose 13.5 percent against the end of last year, reaching a record high of 3.98 quadrillion VND (170.93 billion USD), according to the State Securities Commission (SSC).
Over 40 percent of the charter capital of the Infrastructure Development and Construction Corporation (LICOGI) was transferred from the Ministry of Construction to the State Capital Investment Corporation (SCIC) on December 26.
The State Bank of Vietnam has drafted a regulation which would create favourable conditions for foreign investors to join in the process of State-owned enterprises’ (SOEs) privatisation and capital divestment.
Long An province led localities in the Mekong Delta region in budget collection in 2018, which hit over 13.8 trillion VND (over 595 million USD), 3.8 trillion VND higher than the target set for the year.
