Equitisation arm to increase charter capital Business

Equitisation arm to increase charter capital

The Debt and Asset Trading Corporation (DATC) will increase its charter capital from a current 2.48 trillion VND (110 million USD) to 6 trillion VND (266 million USD) starting October 15.
M&A market boom expected to continue Business

M&A market boom expected to continue

The boom in Vietnam’s mergers and acquisitions (M&A) market is expected to continue in 2015 and onwards as the government pushes the equitisation of State-owned enterprise.
Farm sector catalyst for change Society

Farm sector catalyst for change

The agriculture and rural development sector would promote restructuring of State-Owned Enterprises (SOEs) and withdrawal of capital from non-core business in the second half of this year.
Plan revised for hospital equitisation Business

Plan revised for hospital equitisation

Deputy Prime Minister Vu Van Ninh has directed the Transport Ministry to make alterations to a plan to equitise Giao Thong (Transport) Hospital before seeking the Prime Minister's approval.
Business

SOE equitisation needs to be more substantive: paper

The number of equitised State-owned enterprises (SOEs) each year has been on the rise since 2011, but those in need of equitisation, including large economic groups and corporations, remain enormous, Nhan Dan (People) newspaper reported.
Business

Equitisation makes slow progress

A total of 186 State-owned enterprises (SOEs) had been equitised by the end of May, which means another 246 SOEs should complete the process by the end of this year in order to meet the set plan, it was announced at a press conference on June 5.