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State-owned-Enterprises

Deputy PM urges reforms to boost State-owned enterprises

Deputy PM urges reforms to boost State-owned enterprises

The Ministry of Finance says the draft resolution sets ambitious targets for Việt Nam’s State-owned enterprises, aiming to place three SOEs among the world’s top 500 revenue-generating companies and achieve full application of OECD governance principles across all SOEs.
Việt Nam drafts policy to boost State-owned economy

Việt Nam drafts policy to boost State-owned economy

Deputy Prime Minister Nguyễn Chí Dũng on Friday chaired a meeting with ministries on a draft resolution aiming at enhancing the efficiency and role of the State-owned economic sector.
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.
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.
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.
PM asks SOEs to consider hiring foreign CEOs to improve efficiency

PM asks SOEs to consider hiring foreign CEOs to improve efficiency

Prime Minister Phạm Minh Chính has asked the State-owned enterprises (SOEs) to pilot the recruitment of foreign chief executive officers (CEOs) and those who are not members of the Communist Party of Việt Nam for managing positions.
SOEs urged to create momentum for the economy

SOEs urged to create momentum for the economy

SOEs are a sector that constructs and develops vital economic infrastructure and key industries to motivation for economic development, especially when the private sector is not yet robust.
SOEs should take the lead in promoting innovation, enhancing competitiveness, PM urges

SOEs should take the lead in promoting innovation, enhancing competitiveness, PM urges

Stressing the important role of SOEs in ensuring macroeconomic stability and promoting socio-economic development, Prime Minister Phạm Minh Chính urged effort to remove difficulties for enterprises including policy bottlenecks and internal problems and raise timely and effective solutions towards promoting...
Ministry wants to transfer 11 SOEs to CMSC, SCIC

Ministry wants to transfer 11 SOEs to CMSC, SCIC

The Ministry of Industry and Trade proposed 11 State-owned enterprises (SOEs) in which the ministry represented the State ownership to be handed over to the Commission for the Management of State Capital at Enterprises (CMSC) and the State Capital Investment...