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Update news privatization in vietnam
The private sector will grow after the roles of the government and state-owned enterprises in the “socialist-oriented market economy” are clearly defined.
Saigon Railway Station sold over 7.21 million shares to 20 investors at its initial public offering (IPO) on December 7, equal to 14.33 per cent of its charter capital.
The Ministry of Transport has set criteria for the Airports Corporation of Vietnam, whose equitisation process is underway, to select strategic investors.