SOEs

Update news SOEs

Economic growth faces obstacles

 VietNamNet Bridge – In a conversation with Dai Doan Ket (Great National Unity) newspaper, National Assembly Deputy Cao Si Kiem pointed out some of the constraints hindering the country's development.

BUSINESS IN BRIEF 30/5

Real estate starts to recover; Thai businesses seek franchise partners in Vietnam; Vietnam, RoK develop agricultural value chain; Supporting industries to be developed; SOEs make good move towards capital withdrawal

SOEs seek strategic partners in vain

 VietNamNet Bridge – Seeking strategic partners is one of the problems facing State-owned enterprises (SOEs) during their equitisation process.

BUSINESS IN BRIEF 25/4

 Many SOEs in HCM City fare poorly; SMEs, farmers vulnerable to FTAs; Pharmaceutical violators under fire; Vietnam software outsourcing sector grows strongly, in world’s top 10; Aeon to have new mall in Binh Duong

NA examines revised Enterprise Law

 VietNamNet Bridge – Members of the National Assembly Standing Committee yesterday agreed that it was necessary to revise the Enterprise Law in order to enforce the Constitution, especially taking into consideration the relationship

Equitisation will be expedited

 VietNamNet Bridge – The Ministry of Transport is determined to equitise SOEs under its control to improve production and business activities, Minister Dinh La Thang spoke to the Tin Tuc (News) Newspaper.

State-run sector will still play a pivotal role in market economy

VietNamNet Bridge – Chairman of the National Assembly's Financial and Budgetary Commission Phung Quoc Hien talked with Vietnam Economic Times about the State's role in the market-oriented economy.

SOEs seek strategic investors

 VietNamNet Bridge – State-owned corporations and groups preparing to launch Initial Public Offerings (IPOs) as part of their equitisation process are finding it difficult to find strategic investors, industry insiders say.

How much is Vinalines worth?

 VietNamNet Bridge – The investors’ thoughts now concentrate on the IPO of the Vietnam National Shipping Lines (Vinalines) which would go equitized in the first quarter of 2015.

PM green-lights construction corp listing

VietNamNet Bridge – Prime Minister Nguyen Tan Dung has approved the privatisation plan of the Civil Engineering Construction Corporation No 8 (Cienco 8).

Vinalines steps up privatisation push

 VietNamNet Bridge – The parent company of Viet Nam National Shipping Lines (Vinalines) is expected to make an initial public offering (IPO) by Q1 2015 and will accelerate the privatisation of eight subsidiaries.

Effective equitisation key to SOE reform: IFC official

 Amid rising pressure on State-owned enterprises to reform and critical problems that hinder the process, Ethiopis Tafara, Vice President and General Counsel of the International Finance Corporation (IFC), talked about this issue.

Vietnamese enterprises see light at the end of the tunnel

 VietNamNet Bridge – Viet Nam's economic outlook is better than in previous years. Cao Sy Kiem, president of the Viet Nam Small and Medium Sized Enterprises Association, spoke with the Thoi Bao Kinh Te Viet Nam

Vietnam Airlines’ value set to be announced

 VietNamNet Bridge – Vietnam Airlines will complete its corporate valuation for submission to the Ministry of Transport late this week.

SOEs rush to find strategic shareholders to carry out equitization

 VietNamNet Bridge – State owned enterprises (SOEs) decide that they need to find suitable strategic shareholders before going equitized.

State-owned conglomerates regret investments in non-core business fields

 VietNamNet Bridge – State owned conglomerates have cited a lot of reasons to delay the process of withdrawing capital from the projects in other business fields-- which bring fat profits to them.

SOEs prepare for share bonanza

 VietNamNet Bridge – A raft of huge state-owned enterprises will make an initial public offering in the first half of 2014, as positive signs in the market fuel confidence.

Regulation aims to speed up equitisation process in SOEs

 VietNamNet Bridge – The Government is set to allow shares of State-owned enterprises (SOEs) to be sold at below book value in order to hasten their equitisation.

BUSINESS IN BRIEF 20/2

 PM: Restructuring of SOEs key political task; Over 400 SOEs to be equitised by 2015; Vietnamese abroad encouraged to remit money home; HCM City IPs eye US$550 million in investment; Vietnam among top world’s gold consumers

BUSINESS IN BRIEF 18/2

 State to keep stake in equitised SOEs; Revised law prioritises local contractors; Local auto makers toast jump in January sales; Oversupply forces cement producers to look abroad; Vietnam-Japan trade hits 25.6 bln USD