Vietnam has to spare no effort to achieve economic growth of 6.8 percent and keep inflation rate of below 4 percent in 2020 amid global political uncertainties, said the Vietnam Institute for Economic and Policy Research (VERP) at a workshop in Hanoi on January 16.
The Government has affirmed its resolve to pursue the goal of macro-economic stability and inflation control while focusing efforts on addressing existing shortcomings and limitations in a resolution adopted at its regular meeting for May.
The equitisation of State-owned enterprises (SOEs) is still slow, failing to reach the rate of progress as directed by the Prime Minister, Deputy Minister of Finance Vu Thi Mai said at the Government’s regular press briefing in Hanoi on May 4.
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.
Prime Minister Nguyen Xuan Phuc has called on Danish businesses to be more active in contributing ideas to policy-making in Vietnam, while promoting their role in fostering the partnership between Vietnam and Denmark.
Prime Minister Nguyen Xuan Phuc has reiterated the Government’s resolve to control inflation, noting that although the consumer price index (CPI) in July fell slightly from the previous month, the pressure for inflation hike remains considerable.
The discussion at the National Assembly on the equitisation of State-owned enterprises during 2011-2016 attracted great interest of voters nationwide, with many urging more efforts to improve legal framework for the work.
Lawmakers will focus their attention on the implementation of policies and laws on the management and use of State capital and asset in enterprises and the equitisation of SOEs during 2011-2016 on May 28.
The fifth session of the 14th NA runs from May 21 to June 15, 2018. At the session, the NA will consider and approve eight draft laws, one draft resolution and discuss eight other bills.
The Government and the State Securities Commission plan to carry out key measures to develop the stock market in a rapid and effective but safe manner, Minister of Finance Dinh Tien Dung has said.
Deputy Prime Minister Vuong Dinh Hue has urged ministries, agencies and localities to promptly fulfill assigned tasks regarding equitisation and divestment in State-owned enterprises (SOEs).
Vietnam is stepping up the equitisation of State-owned enterprises (SOE) and wants foreign investors to pay attention to this area, Prime Minister Nguyen Xuan Phuc said on September 14.
The fulfilment of the gross domestic product (GDP) growth of 6.7 percent in 2017 requires high political determination from ministries and departments as well as corporations, businesses and people, Prime Minister Nguyen Xuan Phuc stressed at a meeting in Hanoi on August 12.
The progress of equitisation of SOEs in the first six months of this year was slower than the same time last year with only 19 SOEs receiving approval for their equitisation plan by mid-June.
About 170 Malaysian companies attended a seminar on investment in Vietnam and opportunities offered by the equitisation process of state-owned enterprises (SOEs) held in Kuala Lumpur on November 24.
There would be more auctions of shares from oil and gas companies in the second half of 2016 under the directives of the Government on equitisation of State-owned enterprises.
Deputy Prime Minister Vu Van Ninh expressed his support for Citigroup to expand its operation in Vietnam while receiving Chief Executive Officer Michael L.Corbat in Hanoi on October 23.
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