PM orders SOEs to improve production, business efficiency

PM orders SOEs to improve production, business efficiency

Prime Minister Pham Minh Chinh has requested State-owned enterprises (SOEs) to reform governance, improve production and business efficiency, and strongly promote development investment.
Defining SOE priorities vital

Defining SOE priorities vital

To achieve remarkable achievements in nearly 40 years of renovation, the Vietnamese business community as a whole, and state-owned enterprises (SOEs) in particular, have made relentless efforts, overcoming numerous challenges. They have reaffirmed their role in guiding the economy.
CMSC navigates reforms and challenges at SOEs

CMSC navigates reforms and challenges at SOEs

The proactive evolution of CMSC in overseeing key SOEs.
Leaders grapple with core function of SOEs

Leaders grapple with core function of SOEs

Vietnam’s moves to reform and boost the performance of state-owned enterprises is just the latest in a long line of adjustments over the years, with many other countries continuing to grapple with the very notion of such an enterprise and how they should function in the future.
Levelling the playing field to raise business competition

Levelling the playing field to raise business competition

Vietnam is boosting the reform of its state-owned enterprises (SOEs) in order to make them more competitive.
Plans afoot to aid fortunes of state-owned enterprises

Plans afoot to aid fortunes of state-owned enterprises

Acall has been made for Vietnam to revise the regulations on the management and use of state capital in enterprises to create state-owned groups that can operate more effectively and contribute more to national economic development in line with the direction of the 13th National Party Congress.
SOEs chosen to lead sector growth

SOEs chosen to lead sector growth

The Ministry of Planning and investment has named the key players for a proposed pilot project on reinforcing 17 state-owned juggernauts to break a path and guide Vietnamese companies into a tech-enhanced new era.
Enhancing autonomy and responsibility of SOEs under market mechanism

Enhancing autonomy and responsibility of SOEs under market mechanism

Improving autonomy and responsibility is the only way to improve the capacity of state-owned enterprises (SOEs) and the competitiveness of the country.
Wide impacts to be made with new law changes

Wide impacts to be made with new law changes

Effective in 2021, the amended laws on Enterprises, Investment, and Public-Private Partnership are expected to entail breakthrough changes to Vietnam’s business and investment landscape in the coming time, notably amid the entry into force  of the landmar
Still modest results with state capital divestment

Still modest results with state capital divestment

Nguyen Duc Chi, chairman of State Capital Investment Corporation, sheds some light on the slow state capital divestment and measures to better the situation.
Divestment in Quawaco running behind schedule

Divestment in Quawaco running behind schedule

The state's divestment of Quawaco is running behind schedule as the company is struggling to complete defining its assets and conduct business valuation.
HCM City expects stock market to become ‘barometer’ of economy

HCM City expects stock market to become ‘barometer’ of economy

HCM City will speed up equitisation of State-owned enterprises to bring good ones and their brands into the stock market, its chairman has said.
Twelve SOEs have losses in 2019: report

Twelve SOEs have losses in 2019: report

The Ministry of Finance has revealed that twelve of 136 wholly state-owned enterprises had posted losses of VND720 billion (US$30.9 million) in the first half of last year, and six others faced warnings regarding financial security.
Removing legal barriers to support SOEs’ future development 

Removing legal barriers to support SOEs’ future development 

The CMSC on January 16 held a meeting to review performance in 2019 and set key tasks for 2020, with legal barriers facing its members being a focus.
Removing roadblocks to equitisation

Removing roadblocks to equitisation

Vietnam is attempting to boost equitisation of, and capital divestment from, its state-owned enterprises so as to lure in more capital from the private sector. However, the road to doing so has been far from smooth.
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