Vietnam state firms urged to focus, privatize or face suspension

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Báo Thanh Niên English 4 month(s) ago

Vietnam state firms urged to focus, privatize or face suspension

Saigontourist and other state firms in the city have been given until the end of 2015 to withdraw nearly $70.2 million invested in non-core business.

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Economists push Vietnam state firms on share sales

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Báo Thanh Niên English 4 month(s) ago

Economists push Vietnam state firms on share sales

Vietnam Airlines plans to sell shares at an initial public offering in September. The national carrier is one of the 432 state-owned companies scheduled to be partially privatized by the end of next year. PHOTO COURTESY OF HANOI MOI NEWSPAPER

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Vietnam SOEs fail to go private as shares remain in public sector

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Báo Thanh Niên English 5 month(s) ago

Vietnam SOEs fail to go private as shares remain in public sector

Garco 10, one of state-owned companies that have been privatized / FILE PHOTO

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18,000 new businesses established in Q1

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Báo điện tử CP English 5 month(s) ago 5 related news

18,000 new businesses established in Q1

VGP – As many as 224,200 new businesses have been set up in 2011-2013, accounting for nearly 41% of total newly-established businesses in 1991-2010.

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Japanese investors eye Vietnam stock market, SOE privatization

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Báo Thanh Niên English 5 month(s) ago

Japanese investors eye Vietnam stock market, SOE privatization

Japanese investors attend a conference in Tokyo about investing in the Vietnamese stock market and reforming state enterprises. PHOTO COURTESY OF VIETNAM’S FINANCE MINISTRY

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Vietnam telecom giant to be privatized

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Báo Thanh Niên English 6 month(s) ago

Vietnam telecom giant to be privatized

The government has approved a plan to spin off MobiFone from the state-run Vietnam Posts and Telecommunications Group and privatize it, a move that is expected to boost competition in the telecom market.

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Vietnam Airlines to go public in September

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Báo Thanh Niên English 6 month(s) ago

Vietnam Airlines to go public in September

A Vietnam Airlines office / PHOTO COURTESY OF TBKTSG

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New PPP law improves quality of public service

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VOV News English 6 month(s) ago

New PPP law improves quality of public service

(VOV) -Maintaining the balance between public ownership and outright privatization for Public-Private Partnerships (PPP) is the key to delivering quality public services, said ADB Country Director for Vietnam, Tomoyuki Kimura.

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29 state firms in HCMC pledge to complete privatization by 2015

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Báo Thanh Niên English 6 month(s) ago

Bosses from 29 state-owned firms in Ho Chi Minh City will face reprimands, salary cuts, or even the loss of their job if they fail to finish privatizing their firms in the next two years, according to a commitment they signed with city leaders Thursday.

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Vietnam sovereign fund sees big picture, to invest in companies

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Báo Thanh Niên English 7 month(s) ago

Vietnam's sovereign fund plans to step up investment activities this year after being panned for depositing hundreds of millions of dollars in banks to earn interest.

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Foreign investors like Vietnam: Malaysian securities firm

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Báo Thanh Niên English 7 month(s) ago

Vietnam has a good chance of attracting portfolio investments that are being withdrawn from other Asian markets since investor confidence in the country is improving, an analyst has said.

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Viglacera woos investors as gov’t eases ownership caps

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Báo Thanh Niên English 6 month(s) ago

Viglacera woos investors as gov’t eases ownership caps

A worker arranges unburnt bricks at a factory of the Viglacera Bim Son Holding Company in Thanh Hoa Province

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Gov’t seeks to speed up SOE privatization, obstacles remain

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Báo Thanh Niên English 7 month(s) ago

Gov’t seeks to speed up SOE privatization, obstacles remain

Engineers of the PetroVietnam Gas Corporation check the pipeline system at a facility of the company

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Timing, profits matter for state-owned privatizations, analysts say

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Báo Thanh Niên English 7 month(s) ago

Timing, profits matter for state-owned privatizations, analysts say

The timing of the privatization of state companies and the profit ratios from share sales that the firms can keep for themselves will decide the success of a rash of privatizations set to happen soon, analysts said.

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Vietnam PM urges speed on SOE privatization

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Báo Thanh Niên English 7 month(s) ago

Vietnam PM urges speed on SOE privatization

Prime Minister Nguyen Tan Dung (L) and Minister of Industry and Trade Vu Huy Hoang at a meeting on restructuring state-owned enterprises in Hanoi on Feb. 18

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