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State firms’ debts edge up, worth 50 pct of assets

State firms’ debts edge up, worth 50 pct of assets

State-owned firms saw their debts rise by 1.3 percent last year to reach almost half the value of their total assets.
New entity set up to manage Vietnam government stakes in companies

New entity set up to manage Vietnam government stakes in companies

A committee has been set up to manage the government’s stakes of more than $43 billion in companies.
September 30, 2018 | 06:52 pm PT
Vietnam pushes divestment in state-owned firms to counter rising public debt: HSBC

Vietnam pushes divestment in state-owned firms to counter rising public debt: HSBC

The country’s public debt is on the verge of hitting the mandated limit set by the government.
August 14, 2017 | 08:56 pm PT
Former shipping firm execs to appeal death sentences in $12 million Vietnam fraud case

Former shipping firm execs to appeal death sentences in $12 million Vietnam fraud case

Hanoi's appeals court will be reopening the infamous Vinashinlines scandal this week.
August 14, 2017 | 02:37 am PT
Vietnam plans more share sale from dairy giant Vinamilk: official

Vietnam plans more share sale from dairy giant Vinamilk: official

The sale of a 3.33 percent stake is expected in October and foreign investors would be able to bid.
August 4, 2017 | 08:23 pm PT
Vietnam gives power monopoly the power to hike prices

Vietnam gives power monopoly the power to hike prices

Depending on cost changes, EVN will be allowed to raise prices by up to 10 percent every six months without seeking gov't approval.
July 31, 2017 | 07:34 pm PT
Vietnam to lift restrictions on foreign investment in privatization push: Prime Minister

Vietnam to lift restrictions on foreign investment in privatization push: Prime Minister

PM Nguyen Xuan Phuc said the country will relax regulations as it looks to make $7 billion from share sales.
July 11, 2017 | 10:57 pm PT
Vietnam’s leaders say no rescue for state-run factories with massive losses

Vietnam’s leaders say no rescue for state-run factories with massive losses

The Communist Party’s decision-making body has ordered the trade ministry to quickly end business ventures that are in the red.
June 20, 2017 | 10:56 pm PT
2 executives get death sentence in Vietnam’s major shipping scandal

2 executives get death sentence in Vietnam’s major shipping scandal

The scandal is among Vietnam's six corruption and mismanagement cases to be brought to trial by March 2017.
February 22, 2017 | 04:08 am PT
Vietnam's PM signs off on more state-owned company sales

Vietnam's PM signs off on more state-owned company sales

The conglomerates involved in this fresh round of sell-offs include Agribank and coal mining group Vinacomin. 
January 6, 2017 | 04:30 am PT
Vietnam’s public debt growing three times faster than GDP

Vietnam’s public debt growing three times faster than GDP

The country is digging itself into an ever-increasing hole. 
October 26, 2016 | 11:21 pm PT
Loans for Vietnam's state firms hit $67 billion

Loans for Vietnam's state firms hit $67 billion

According to a new government report, $15.6 billion of that came from overseas.
October 24, 2016 | 09:23 pm PT
Vietnam’s govt urged to sell entire stake in dairy giant Vinamilk

Vietnam’s govt urged to sell entire stake in dairy giant Vinamilk

Selling off small stakes individually could cost the government $1 billion.
October 20, 2016 | 02:49 am PT
Morgan Stanley Asia to advise Vietnam on stake sale of dairy giant

Morgan Stanley Asia to advise Vietnam on stake sale of dairy giant

Vietnam’s investment arm wants to milk the maximum profit from the sell-off.
October 7, 2016 | 02:03 am PT
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