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Vietnam to speed up divestment plan for state-owned companies

by VTV412 May 2018 Last updated at 11:55 AM

VTV.vn - The equitization process in Vietnam has attracted a lot of investors, especially with the large number of state-owned enterprises planning to sell their stakes in 2018.

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.

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