Equitisation lags behind schedule

by PV/VTV12 July 2017 Last updated at 10:21 AM

(Photo illustrated)
(Photo illustrated)

VTV.vn - Vietnam has set a target to equitise 45 state-owned enterprises in 2017. But only six firms have completed the equitisation process in the first half of this year.

This is one of the main issues raised at a review meeting of the Steering Committee of Enterprises Innovation and Development for the first half of 2017.

Divestment of state investment in enterprises has been slow, especially in Ho Chi Minh City. Of the 39 listed firms to be equitised until 2020, so far none of have finished the process. Divestment at 22 SOEs has earned 12 trillion VND for the state.

At the event, Deputy Prime Minister Vuong Dinh Hue asked related agencies to complete the equitisation and divestment plan in 2017, to meet or even exceed the government's targets.

Tags:

Top VND Exchange Rates

Auto-refesh 15m

USD

EUR

AUD
1 VND
Inverse:
0.00004
22,510.0
0.00004
25,226.0
0.00006
15,674.0

Mid-market rates: 2017-11-21 00:07 UTC

WEATHER FORECAST

Monday Nov, 20
Scattered Showers
17/20
Today - Tuesday Nov, 21
Cloudy
16/18
Wednesday Nov, 22
Cloudy
17/20
Thursday Nov, 23
Cloudy
16/18
Friday Nov, 24
Cloudy
14/16
Saturday Nov, 25
Cloudy
14/17
Sunday Nov, 26
Mostly Cloudy
16/20
Monday Nov, 27
Partly Cloudy
17/23
Tuesday Nov, 28
Partly Cloudy
17/25
Wednesday Nov, 29
Partly Cloudy
19/25