Vietnam to allow book building to try to speed up SOE privatisations
Vietnam announced changes to rules to speed up the privatisation of state-owned enterprises
Vietnamese lawmakers against gov’t plan to write off debts of state-run firms
Vo Thi Dung, a legislator from Ho Chi Minh City, is among many who have told local media that they disagree with a government plan to write off debts incurred by inefficient state-owned enterprises
Vietnam to ban state-owned enterprises from investing in risk
SOEs will be officially banned from capital contributions or investment in the field of real estate, banking, insurance, securities and investment funds, except in special cases allowed by the government, starting December this year
Unlisted state-run firms asked to list on UPCoM 3 months before IPO
The Ministry of Finance has issued a circular asking any state-owned enterprises (SOEs) wanting to launch an initial public offering (IPO) to list on Unlisted Public Company Market (UPCoM) at least 90 days before the listing
Massive divestment from SOEs via equitization coming soon: Govn’t
But the equitization will only be carried out at the most favorable time so that the state can recover as much capital as possible, said a senior state official