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Tag
state-owned
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Vietnam targets 10 $5 bln state-owned firms by 2025
Vietnam aims to have at least 10 state-owned businesses with a market capitalization of over $5 billion in the next five years.
State-owned companies accumulate $505 mln losses
Vietnam's 11 largest state-owned corporations had accumulated losses of VND11.46 trillion ($505 million) as of last year.
Petrovietnam profits drop despite revenue surge
State-owned oil giant Petrovietnam saw consolidated pre-tax profits fall 13.4 percent year-on-year to VND43.8 trillion ($1.89 billion).
January 10, 2020 | 09:00 pm PT
The indebted dozen: state-managed projects pile up losses
Twelve loss-making projects managed by the Ministry of Industry and Trade have racked up debts totaling VND20.06 trillion ($862 million) as of June.
October 25, 2019 | 09:00 pm PT
Construction giant Song Da profit plunges to below $1 million
Song Da Corporation has reported pre-tax profits of VND22.3 billion ($956,000) in 2018, its first year after being equitized.
June 11, 2019 | 01:30 am PT
Vietnam needs privatization breakthrough in 2019: deputy PM
Vietnam needs to make a breakthrough this year in state divesting from enterprises, says Deputy Prime Minister Vuong Dinh Hue.
January 18, 2019 | 11:00 pm PT
Foreign firms eager to buy stakes in Vietnam’s state-owned energy firms
The government’s hunt for foreign investment has attracted interest from foreign buyers.
May 8, 2018 | 07:00 pm PT
Vietnam’s state-run MobiFone backtracks from private pay TV investment deal
Alleged violations in the acquisition of AVG have forced both firms to cut their losses as an investigation looms.
March 12, 2018 | 08:40 pm PT
Vietnam raises $308 mln from PV Power listing
State-owned PV Power IPO sells 20 percent at IPO and another 29 percent to strategic investors,
January 31, 2018 | 07:15 pm PT