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Transparency to boost state capital divestment

by VTV430 June 2017 Last updated at 12:18 PM

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Transparency to boost state capital divestment
VTV.vn - The Ministry of Finance organised a press briefing announcing the amended contents of Government Decree 91/2015 on divestment, investment, and effective management and use of state capital.

The ministry detailed the principles and methods of transferring state capital, included the land values when identifying the starting price when transferring state capital and introducing new regulations on the handling of transfer costs when the state capital can't be privatized. These amendments are intended to tackle the problem long-faced by many businesses which hindered the equitisation process and divestment of state capital as well as the use of state capital in other enterprises.