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state-owned

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 urges advance of State-owned enterprise autonomy

Deputy PM urges advance of State-owned enterprise autonomy

Deputy Prime Minister Hồ Đức Phớc said the new law marks a breakthrough in managing State capital and advancing enterprise autonomy.
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.
Finding the balance between autonomy and oversight in state-owned enterprise reforms

Finding the balance between autonomy and oversight in state-owned enterprise reforms

The draft Law 69 will replace the current Law 69/2014/QH13, marking a ''revolution'' in how state capital is managed in enterprises.
State-owned securities company trails competitors

State-owned securities company trails competitors

The securities subsidiaries of the Big4 banks remain relatively unremarkable, leaving limited impact on the market.
Nineteen State-owned enterprises estimate pre-tax profit of over 2 billion

Nineteen State-owned enterprises estimate pre-tax profit of over $2 billion

The pre-tax profit exceeds the annual target by 20 per cent.
One fifth of State-owned enterprises report losses for 2023

One fifth of State-owned enterprises report losses for 2023

The Government acknowledges some restrictions prevent State-owned enterprises from operating at full capacity.
State-owned banks struggle to increase capital

State-owned banks struggle to increase capital

Joint stock commercial banks can easily implement capital increase plans using their shares, while State-owned commercial banks have to go through many rounds of approval to get the go-ahead from authorities on any planned capital increases.
Vietinbank to cut auction price of 10 land plots by 14% to recover debts

Vietinbank to cut auction price of 10 land plots by 14% to recover debts

State-owned Vietinbank in Phú Quốc is cutting the auction price of 10 land plots on Phú Quốc Island by 14 per cent, lowering the price to VNĐ26 billion (over US$1 million) from nearly VNĐ30 billion, in an effort to recover...
HCM City seeks to restructure state-owned enterprises

HCM City seeks to restructure state-owned enterprises

HCM City plans to restructure all state-owned enterprises (SOEs) after 2025 to form and develop leading economic conglomerates.
Paving new path for state-owned enterprises growth

Paving new path for state-owned enterprises' growth

The Ministry of Finance (MoF) is gathering feedback on the draft Law on State Capital Management and Investment in Enterprises through recent workshops and discussions.
Việt Nam gains nearly 5.93 million from SOE sell-offs

Việt Nam gains nearly $5.93 million from SOE sell-offs

The People’s Committee of Hải Phòng City divested capital at three firms, and the Ministry of Construction at one company.
HCM City to offer interest subsidy for priority sectors

HCM City to offer interest subsidy for priority sectors

Loans given by the HCM City Finance and Investment State-owned Company to priority sectors that drive socio-economic growth will be subsidised by the city starting July 29.