Solving the puzzle of foreign interest in SOE equitisation

Solving the puzzle of foreign interest in SOE equitisation

For years, the Vietnamese government has looked for ways to reduce its direct ownership in key state companies and so to broaden private ownership.
SCIC announces divestment plan for 88 companies in 2021

SCIC announces divestment plan for 88 companies in 2021

State Capital Investment Corporation (SCIC) has announced its plan to divest 88 companies this year.
Vietnam to accelerate divestment plans of SOEs

Vietnam to accelerate divestment plans of SOEs

Prime Minister Nguyen Xuan Phuc has approved several SOEs divestment plans in 2020, signalling Vietnam's ambition to boost the equitisation progress.
Numerous SOEs under special financial supervision

Numerous SOEs under special financial supervision

Subsidiaries of SOEs like Jetstar Pacific, Angkor Air, DAP-Vinachem, and Petrolimex Laos will come under special financial supervision.
Losses a roadblock to SCIC divestment plans at Quang Ninh Thermal Power

Losses a roadblock to SCIC divestment plans at Quang Ninh Thermal Power

The losses reported by Quang Ninh Thermal Power JSC will make it harder for State Capital Investment Corporation (SCIC)  to divest the company this year.
Investors glide over Haiphong Thermal Power shares

Investors glide over Haiphong Thermal Power shares 1

The attempt to divest the state's ownership in Haiphong Thermal Power JSC was spectacularly ignored by investors.​​
SCIC keeps to SOE divestment plan for 2020

SCIC keeps to SOE divestment plan for 2020

State Capital Investment Corporation (SCIC) has recently confirmed its plan of divesting 85 state-owned enterprises, with several big names on the list.
Industry 4.0 to triple performance of SOEs

Industry 4.0 to triple performance of SOEs

Industry 4.0 is creating opportunities for SOEs to increase revenue, dominate the market, renew their business model, and improve their competitiveness.
Giants like MobiFone, Agribank, and SJC set to be equitised next year

Giants like MobiFone, Agribank, and SJC set to be equitised next year

Only 15 months remain for 93 state-owned enterprises and groups, including MobiFone, Agribank, SJC, VICEM, and Vinacomin, among others, to finish equitisation.
Fixes required for SOE progress slip

Fixes required for SOE progress slip

With the slow equitisation and restructuring of major state-owned enterprises, the government has been urged to accelerate the process with an aim to create more opportunities for the private sector.
Study finds corporate governance is crucial for SOE equitisation

Study finds corporate governance is crucial for SOE equitisation

A recent study by RMIT University Vietnam and VinaCapital concluded that corporate governance is key to the next wave of SOE equitisation.
SOE divestment a priority in CPTPP era

SOE divestment a priority in CPTPP era

Vietnam will be required to comply with strict commitments to remove state ownership in enterprises, as laid out in the new Comprehensive and Progressive Agreement for Trans-Pacific Partnership. Will the country be able to keep this promise? Thanh Dat reports.
Reaching SOE equitisation goals

Reaching SOE equitisation goals

While boosting its international integration via engaging in various free trade agreements, Vietnam is also speeding up the equitisation of state-owned enterprises to lure more private investment. ..
Equitisation changes too little in SOEs

Equitisation changes too little in SOEs

Experts claim that SOEs cannot adopt modern corporate governance standards and improve performance because state ownership remains high even after equitisation.
Steps taken to draw in SOE investors

Steps taken to draw in SOE investors

The Vietnamese government’s bold moves to fast-track the ­divestment of state-owned enterprises is opening more opportunities for foreign ­investors, but more needs to be done to shake up the ­languid process.
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