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state-owned enterprises

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State-owned enterprises more profitable after privatization: report

State-owned enterprises more profitable after privatization: report

Former state-owned enterprises that were sold off since 2005 showed improved financial performances three years after divestment on average.
Overseas investments by Vietnam SOEs suffer increasing losses

Overseas investments by Vietnam SOEs suffer increasing losses

Overseas investment projects of Vietnamese state-owned enterprises made losses of $367 million in 2018, up 265 percent year-on-year, a government report said.
October 18, 2019 | 10:58 pm PT
Government to sell stakes in 93 state-owned firms by 2020

Government to sell stakes in 93 state-owned firms by 2020

Vietnam plans to speed up its equitization program by selling stakes in 93 major state-owned companies by the end of 2020.
August 16, 2019 | 03:18 am PT
Vietnam privatization efforts bogged down in new rules

Vietnam privatization efforts bogged down in new rules

Vietnamese agencies have only equitized 35 of 127 enterprises with a 2020 deadline, and many are asking for more time.
July 9, 2019 | 08:19 pm PT
Vingroup’s major move: enters list of top 10 firms in Vietnam

Vingroup’s major move: enters list of top 10 firms in Vietnam

The list of 10 biggest companies by revenue in Vietnam for the first time includes a domestic private company, Vingroup.
December 9, 2018 | 07:36 pm PT
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
Vietnamese SOEs losing millions from foreign investment projects

Vietnamese SOEs losing millions from foreign investment projects

Poor judgment and lack of experience in foreign markets have been blamed for the losses.
May 12, 2018 | 06:00 am PT
Will more heads topple as Vietnam’s scandalous graft trial nears verdict?

Will more heads topple as Vietnam’s scandalous graft trial nears verdict?

A huge banking-sector corruption trial is all set to open a can of worms as Vietnam’s anti-graft move plows ahead. 
September 13, 2017 | 05:22 am PT
Vietnam widens crackdown on corruption-contaminated public sector. What's next?

Vietnam widens crackdown on corruption-contaminated public sector. What's next?

Last week's downfall of oil and banking execs could mean Vietnam’s leadership is pointing both barrels at graft.
August 6, 2017 | 09:00 am PT
Vietnam orders quick listing of state enterprises after IPOs

Vietnam orders quick listing of state enterprises after IPOs

Delays are estimated to cost the country $15 billion.
October 6, 2016 | 06:28 pm PT
Vietnam rakes in nearly $200 million from state firm sell-offs

Vietnam rakes in nearly $200 million from state firm sell-offs

Vietnam divested VND2.1 trillion from state-owned enterprises during the first five months of the year, the Finance Ministry said on Monday, adding approximately VND4.2 trillion ($187 million) to government coffers.
June 6, 2016 | 10:57 pm PT
Vietnam to retain state control of enterprises in national security and defense

Vietnam to retain state control of enterprises in national security and defense

Vietnam is trying to accelerate share sales in state-owned enterprises (SOEs) that began in the 1990s as the government seeks to spur economic growth to 6.7 percent this year. However, it will retain control of critial lifeline industries including enterprises in national security and defense.
June 3, 2016 | 02:52 am PT
State investment firm SCIC earns $46 million from bank deposits

State investment firm SCIC earns $46 million from bank deposits

The State Capital Investment Corporation (SCIC) earned over VND1 trillion ($46 million) from bank deposits last year, its corporate financial statement showed.
April 1, 2016 | 08:46 pm PT
 
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