PM asks for specific measures to beef up SOEs equitization
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| PM Nguyen Tan Dung - Photo: VGP |
The Government chief made the request at the Government’s monthly meeting in Ha Noi on Monday.
The State is currently holding over VND 1,200 trillion of capital in SOEs but the sale of SOEs shares was still modest.
According to a report of the Ministry of Planning and Investment, as of late October, 119 SOEs were restructured and 100 of the total were equitized.
The total capital withdrawn from non-core business lines by SOEs valued over VND 3,500 billion, 3.6 times higher than that of whole year of 2013.
PM Dung stressed the importance of equitization as it not only generates more capital for development but also contributes to making fundamental changes to corporate administration.
He also asked for synchronous and specific measures to speed up the SOEs equitization.
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