State looks for an SOE sea change

State looks for an SOE sea change

The Vietnamese government’s call for fine-tuning ineffective state-owned enterprises and spurring the private sector’s bigger participation in the economy has won foreign praise.
SOEs to bravely spend big

SOEs to bravely spend big

Many big state-owned enterprises are planning to invest much more than they did last year despite the gloomy economy.
SOEs to take more of a back seat

SOEs to take more of a back seat

After two decades of politically mandated leadership of Vietnam’s economy, state-owned enterprises figure to play a reduced role under the new draft amendment of the 1992 Constitution that emphasises competition under the rule of law.
A real estate thaw? Get real

A real estate thaw? Get real

Vietnam’s frozen real estate market is unlikely to thaw in 2013, and may not rebound before a restructuring of the domestic banking industry addresses the crisis in credit and bad debts, writes Dr. Christian Kamm, president of US-backed investment advisory firm Kamm Investment, in Ho Chi Minh City.  
Stated-owned groups to divest from non-core investments by 2015

Stated-owned groups to divest from non-core investments by 2015

State-owned corporations and groups have been requested to withdraw from their non-core investments before 2015.
M&As to fuel investments

M&As to fuel investments

A research team for the annual M&A Vietnam Forum, to take place in June with VIR the organiser, puts Vietnam’s foreign-related M&A activities and prospects in 2012 under the microscope.
State-owned enterprises urged to restructure

State-owned enterprises urged to restructure

State-owned enterprises are being compelled to slash their financial expenses and intensify restructuring in 2012, said Minister of Finance Vuong Dinh Hue.
Steering economy away from rocks

Steering economy away from rocks

Initiatives to bolster the stock and insurance markets and support packages for enterprises will come online this year, says Minister of Finance Vuong Dinh Hue.  
PM requires State-owned economic groups focus on main job

PM requires State-owned economic groups focus on main job

Prime Minister Nguyen Tan Dung has asked State-owned economic groups to build their restructuring roadmaps focusing on their main fields of operation as assigned by the Government.
New capital solutions

New capital solutions

If this bottleneck is not removed, expressway developers will be illegible to raise capital through bond issuances, leading to project standstills.
NA committee proposes halting establishment of new groups

NA committee proposes halting establishment of new groups

The 12th National Assembly Economic Committee proposed a halt to the establishment of new economic groups to the 13th National Assembly.
Market set for flood of greenback

Market set for flood of greenback

The supply of dollars on the local market is set for a sharp increase as the government makes a bid to further stabilise the forex market.
State giants play their part

State giants play their part

State-owned corporations and groups have strongly retrenched investments on the back of economic vulnerabilities.
State players keep their eye on the ball

State players keep their eye on the ball

State-owned firms are withdrawing their investments in areas outside their core businesses amid the state’s anti inflation measures.
Forex stores attacked

Forex stores attacked

“This order is a little bit reminiscent of the compulsory forex surrender requirement in the early 2000s”
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