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2017 equitisation value increases

by VTV426 December 2017 Last updated at 12:32 PM

VTV.vn - A Ministry of Finance press conference on Monday heard that there had been a six-fold increase in the amount of state capital divested from state-owned enterprises, SOEs, compared to 2016.

However the number of divested SOEs is less than half of the government's target. By mid-December this year, about 9.44 billion USD of state capital were divested. With the success of Sabeco stock sale and the divestment of SCIC's businesses, the total value of equitisation and SOE divestment reached about 15.44 billion USD. This exceeds the National Assembly's target for medium-term public investment. According to Ministry of Finance, several high-valued SOEs such as Binh Son Refining and Petrochemical Company and PetroVietnam Power Corporation will be divested in the first quarter next year.

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