Revenues from equitization, divestment – Why it is difficult?

Revenues from equitization, divestment – Why it is difficult?

In 2021, the target of revenue collection from equitization and divestment to the State budget has not been achieved as expected due to many subjective and objective reasons.
Completing the legal framework to develop and improve the efficiency of state-owned enterprises

Completing the legal framework to develop and improve the efficiency of state-owned enterprises

It is necessary to correct amendments and supplements to further improve the legal framework to ensure the development and improve the operational efficiency of SOEs.
Plan of budget collection from equitization and divestment for 2022

Plan of budget collection from equitization and divestment for 2022

VCN - The Covid-19 pandemic in many provinces and cities has hampered equitization and divestment in 2021. This may lead to failure in target of revenue from equitization and divestment in 2021. A plan with a series of solutions has been designed to maxim
Concentrate on equitization and divestment in enterprises with large capital scale

Concentrate on equitization and divestment in enterprises with large capital scale

The work of equitization, divestment, and restructuring of SOEs since the beginning of the year has not achieved many specific results.
Enterprises hesitate to list after equitization

Enterprises hesitate to list after equitization

VCN- According to the Ministry of Finance, since March 1, 2020, there were 862 equitized SOEs listed/registered for trading on two stock exchanges (listed enterprises are 322 enterprises, enterprises registered for trading are 540).
Equitisation and divestment accelerated

Equitisation and divestment accelerated

VCN- The legal framework for equitisation and divestment has been built , the progress is expected to be accelerated in the near future.
Land use plan on upon equitisation

Land use plan on upon equitisation

VCN- Within three months after receiving the request from the owner's representative, the People's Committee of the provinces or centrally-run cities where the land area is managed and used by the enterprise must give written answers on the land use plan
Group benefits in equitization, divestment, restructuring of SOEs strictly forbidden

Group benefits in equitization, divestment, restructuring of SOEs strictly forbidden

VCN – The Government has recently issued Resolution 161/NQ-CP on speeding up reform and improving efficiency of State-owned enterprises (SOEs).
Complete institutions to promote equitization and divestment

Complete institutions to promote equitization and divestment

VCN - The production and business activities experience fluctuations due to the Covid-19 pandemic, plus the equitization and divestment progress was still slow compared to the plan approved by the Prime Minister, which placed an urgent requirement for fur
Equitisation and divestment are still slow

Equitisation and divestment are still slow

VCN- The Commission for the Management of State Capital at Enterprises recently announced the enterprise value of a corporation that is the parent company - the Power Generation Corporation 2 (EVENGENCO2).
Slow equitization and divestment put burden on investment spending

Slow equitization and divestment put burden on investment spending

VCN - Slow equitization and divestment has caused the revenue from equitization to the state budget face the risk of failure to reach the plan. This is posing a problem to managers.
Dark and Bright picture after equitization- Part 5: Transport Hospital, after equitization is a dead end!

Dark and Bright picture after equitization- Part 5: Transport Hospital, after equitization is a dead end!

VCN - There is no Board of Directors (BOD) to decide the direction, organization of activities, not to purchase and invest in machinery and equipment serving the medical examination and treatment needs which are a reality at the Transport Hospital after t
Dark and bright picture after equitization: Part 4: Song Da Corporationoperates inefficiently after equitization

Dark and bright picture after equitization: Part 4: Song Da Corporationoperates inefficiently after equitization

VCN - Equitization helps to make corporate information transparent and improve the efficiency of capital use, production and business activities.
The bright future – equitization of enterprises - Part 3: Vinamilk: Taking off “tight clothes” to become the business with the largest brand value in

The bright future – equitization of enterprises - Part 3: Vinamilk: Taking off “tight clothes” to become the business with the largest brand value in

VCN - Being out of SOEs and equitizing has helped Vinamilk grow rapidly in terms of charter capital, revenue and profits. So far, Vinamilk has become the enterprise with the largest brand value in Vietnam at US$2.2 billion.
Dark and bright picture after equitization: Part 1: Behind the figure of 13% of loss-making businesses

Dark and bright picture after equitization: Part 1: Behind the figure of 13% of loss-making businesses

VCN - Since the time Vietnam began the pilot equitization in 1992, the restructuring of State enterprises has experienced many ups and downs.
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