State-owned group reform failing to meet expectations

State-owned group reform failing to meet expectations

Slow-paced reform of a series of state-owned enterprises is continuing to undermine the country’s competitiveness and investment environment.
State-owned corporations and groups may lose $13 billion due to COVID-19

State-owned corporations and groups may lose $13 billion due to COVID-19

If the COVID-19 pandemic continues and oil does not recover, the revenue of 19 state-owned groups will plunge by VND279.76 trillion ($12.16 billion) this year.
PM: each State group, corporation must be an innovation centre

PM: each State group, corporation must be an innovation centre

Prime Minister Nguyen Xuan Phuc asked each State-owned group and corporation to become centre for innovation during a conference in Hanoi on October 16.