Proposal to evaluate the performance of state-owned enterprises according to financial indicators

Proposal to evaluate the performance of state-owned enterprises according to financial indicators

VCN - As the world and the country are changing rapidly with many challenges and opportunities, state-owned enterprises need an effective mechanism and policy to "untie" and change perceptions and views on equitisation and divestment of state capital.
Equitisation and divestment move slowly

Equitisation and divestment move slowly

Although relevant policies have been put in place, the process of equitisation and divestment of State capital is still moving at a very slow pace, according to Dang Quyet Tien, director of the Corporate Finance Department under the Ministry of Finance.
Absorbing foreign capital to State-owned enterprise equitisation

Absorbing foreign capital to State-owned enterprise equitisation

State-owned enterprise equitisation has received many concerns from investors, especially foreign investors.
Speed up equitisation and divestment progress

Speed up equitisation and divestment progress

VCN- Regarding the plan and the implementation of equitisation, the Department of Corporate Finance underthe Ministry of Finance said that the equitisation plan for the 2017 – 2020 period was 128 enterprises.
Revenue collection in 2020 estimated to reach 98.3% of current appropriation, higher than the figure reported to the National Assembly

Revenue collection in 2020 estimated to reach 98.3% of current appropriation, higher than the figure reported to the National Assembly

This was said by Minister of Finance Dinh Tien Dung at the Government’s conference with localities on December 29.
Delayed equitisation and divestment: Strictly punishing

Delayed equitisation and divestment: Strictly punishing

VCN- According to the Ministry of Finance, in the first 11 months of 2020, the unit received reports approving the equitisation plans of seven enterprises.
Equitisation must be flexible and close to market value

Equitisation must be flexible and close to market value

This was the opinion of Deputy Director of the Steering Committee for Enterprise Reform and Development, in a discussion about equitisation and divestment of state-owned enterprises
Hesitation slows down SOE equitisation

Hesitation slows down SOE equitisation

Despite numerous efforts of the Government in speeding up the equitisation of State-owned enterprises, some ministries, sectors, localities and economic groups have showed ineffective performance in the work, thus slowing down the progress of the scheme.
Ministry of Finance to discipline representative of equitised enterprises that have not yet listed on stock market

Ministry of Finance to discipline representative of equitised enterprises that have not yet listed on stock market

VCN –The Ministry of Finance reviewed and classified equitised State-owned enterprises that have not yet listed or registered for trading and enforced discipline on the representative of State-owned capital at enterprises.
Need for independent valuation agency to involve in equitisation of State-owned enterprises

Need for independent valuation agency to involve in equitisation of State-owned enterprises

According to Professor Le Duy Binh, asset valuation is one of the most important contents in the equitisation of State-owned enterprises (SOEs).
Ministry gives push to equitisation of SOEs

Ministry gives push to equitisation of SOEs

The Ministry of Finance has raised a number of measures to accelerate the equitisation of State owned enterprises SOEs since the process made no improvements recently
Equitisation vital for stock market growth

Equitisation vital for stock market growth

The successful equitisation and capital divestment of State owned enterprises SOEs would create benefits that boosted the stock market and business performance
Equitisation and divestment are “treading water”

Equitisation and divestment are “treading water”

VCN - ​Only 36 of 128 enterprises have implemented equitisation, while VND 4,704 billion of VND 60,000 billion has been divested.
Public service delivery units have nearly VND 1 million billion of State capital and assets

Public service delivery units have nearly VND 1 million billion of State capital and assets

VCN- The public service delivery system has been established in most areas, remote areas, networks of educational, medical, cultural and sports establishments.
Japan is a strategic partner in the process of equitisation of state-owned enterprises

Japan is a strategic partner in the process of equitisation of state-owned enterprises

VCN- “Currently, Japan is still the country providing the largest ODA capital for Vietnam and the second largest investor in Vietnam,” Dung said.
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