Vietnam to speed up divestment plan for state-owned companies

The government plans to gradually decrease its ownership in these companies. However, there are a number of issues with the companies that have been listed on the stock exchange.

With 371 million rights to buy shares with a starting price of 26 cents per right, the government can sell all of these to gain a minimum 101.2 billion USD. Vietnamese government will need to consider all possibilities to achieve the best result in the cases of listed companies.