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SOE

Việt Nam aims to see 30 SOEs with billion-dollar revenue by 2030

Việt Nam aims to see 30 SOEs with billion-dollar revenue by 2030

Việt Nam''s finance ministry hopes to see at least 30 State-owned enterprises (SOEs) with net revenue exceeding US$1 billion each by 2030.
State-owned enterprises can invest in real estate and stocks from August 1

State-owned enterprises can invest in real estate and stocks from August 1

In addition to the removal of restrictions on real estate investment, this law also allows SOEs to purchase securities in accordance with securities law.
Finance ministry repeals regulations on self-borrowing, self-payment loans by SOEs

Finance ministry repeals regulations on self-borrowing, self-payment loans by SOEs

The Ministry of Finance has scrapped regulations on self-borrowing and repayment by State-owned enterprises holding over 50 per cent charter capital.
Committee established to develop proposal on State economic development

Committee established to develop proposal on State economic development

The Deputy heads of the Committee include Deputy Prime Minister Nguyễn Chí Dũng (Standing Deputy Head, directly overseeing the development of the proposal), Deputy Prime Minister Hồ Đức Phớc and Minister of Finance Nguyễn Văn Thắng.
Deputy PM asks SOEs restructuring projects to be completed for approval in Q1

Deputy PM asks SOEs restructuring projects to be completed for approval in Q1

Deputy Prime Minister Hồ Đức Phớc has called for accelerated efforts to complete the restructuring projects of State-owned enterprises for approval within the first quarter of this year.
Accuracy in SOE valuation must improve

Accuracy in SOE valuation must improve

It is essential to tackle bottlenecks in determining corporate value of State-owned enterprises to ensure the accuracy of valuation and speed up the equitisation process, according to the Ministry of Finance.
SOEs earn revenue worth nearly VND900 trillion in H1, up 27 per cent

SOEs earn revenue worth nearly VND900 trillion in H1, up 27 per cent

Nineteen corporations and enterprises under the management of the Committee for Management of State Capital at Enterprises (CMSC) reported total revenue of more than VND982 trillion in the first half of this year, equivalent to 90 per cent of the...
Viet Nam needs drastic SOE restructuring: experts

Viet Nam needs drastic SOE restructuring: experts

Deputy Prime Minister Le Minh Khai signed a decision to deepen the restructuring of state-owned enterprises (SOEs) in 2021-25, on Friday.
SOE equitisation slow this year due to COVID-19

SOE equitisation slow this year due to COVID-19

The outbreak of COVID-19 in many localities has delayed the equitisation of State-owned enterprises (SOEs).
Six companies get equitisation plans approved in January-August

Six companies get equitisation plans approved in January-August

As the Prime Minister’s SOE equitisation plan has remained stagnant for the last five years, economic specialists have said it is very difficult for the stakeholders to complete the plan on schedule, or it is impossible.
MPI prepares new decree on SOE information disclosure

MPI prepares new decree on SOE information disclosure

The Ministry of Planning and Industry (MPI) is developing a new decree to guide State-owned enterprises (SOEs) on disclosing information, aiming to develop a national SOE database.
Conflicting policies, land issues and virus hinder SOE equitisation

Conflicting policies, land issues and virus hinder SOE equitisation

The equitisation of State-owned enterprises was hindered by troublesome policies, land management and the COVID-19 pandemic.
SOE equitisation plan likely to be missed in 2017-20

SOE equitisation plan likely to be missed in 2017-20

The equitisation of State-owned enterprises (SOEs) has fallen behind the target set by the Government and ministries for 2017-20.
Viet Nam becomes ninth largest trade partner of Myanmar

Viet Nam becomes ninth largest trade partner of Myanmar

Trade between Viet Nam and Myanmar reached US$860 million in 2018, making Việt Nam the 9th largest trade partner of Myanmar. 
No SOE equitisation plans approved in Q1

No SOE equitisation plans approved in Q1

No State-owned enterprises (SOEs) gained approval for their equitisation plans in the first three months of 2018, according to the Ministry of Finance’s Corporate Finance Department.