Vietnam secures VND 157 billion from state enterprise divestment in 2024

Vietnam secures VND 157 billion from state enterprise divestment in 2024

The Ministry of Finance reported that in 2024, the divestment of state capital in 5 enterprises (F1) generated VND 157 billion from an initial value of VND 145 billion
Ensuring efficiency and transparency in use and management of houses and land at State enterprises

Ensuring efficiency and transparency in use and management of houses and land at State enterprises

VCN - According to the Ministry of Finance, the issuance of Directive on strengthening management, improving the efficiency of use and handling of houses and land at State-owned enterprises to ensure the effective management, use and handling of houses an
Major reforms in the management of state capital in enterprises

Major reforms in the management of state capital in enterprises

The draft Law on Management and Investment of State Capital in Enterprises is set to be presented and discussed at the National Assembly, featuring numerous new provisions
State-owned commercial banking sector performs optimistic growth, but more capital in need

State-owned commercial banking sector performs optimistic growth, but more capital in need

According to the report of the Government on investment, management and use of state capital in enterprises nationwide in 2023, the business performance of the state-owned commercial banking sector achieved positive growth.
Efficiency is not commensurate with state capital resources invested in enterprises

Efficiency is not commensurate with state capital resources invested in enterprises

VCN - On behalf of the Government, Deputy Prime Minister and Minister of Finance Ho Duc Phoc signed and approved a report to the National Assembly before the 8th Session on investment, management and use of state capital in enterprises nationwide in 2023.
Minister of Finance Ho Duc Phoc: conserving and developing every State capital at enterprise

Minister of Finance Ho Duc Phoc: conserving and developing every State capital at enterprise

Ministry of Finance, Finance – Budget Committee and Ministry of National Defence chaired a workshop on drafting Law on Management and Investment of State Capital at enterprise.
State capital management needs to take into account the specific nature of credit institutions

State capital management needs to take into account the specific nature of credit institutions

VCN - At the Seminar to collect opinions on the draft Law on Management and Investment of State Capital in Enterprises, which continued to be held by the Ministry of Finance in coordination with the State Bank of Vietnam (SBV) on August 8, 2024, Mr. Le An
Important innovation in the draft Law on Management and Investment of State Capital at Enterprises

Important innovation in the draft Law on Management and Investment of State Capital at Enterprises

VCN - Continue to collect comments on the draft Law on Management and Investment of State Capital at Enterprises, representatives of state-owned enterprises all said that the work of developing the Law needs to pay attention to avoid overlap when implemen
Deputy Prime Minister Le Minh Khai: Solution on the global minimum tax to be submitted soon

Deputy Prime Minister Le Minh Khai: Solution on the global minimum tax to be submitted soon

VCN - According to Deputy Prime Minister Le Minh Khai, it is necessary to carefully assess the impact of the application of the global minimum tax and ensure the interests of the parties.
Perfecting the institution of State capital investment in business and operation in enterprises

Perfecting the institution of State capital investment in business and operation in enterprises

The basic contents of the draft Law amending the Law 69 include investing State capital to the enterprise; re-structuring State capital in enterprises
Equitization and divestment of State capital not yet drastically performed

Equitization and divestment of State capital not yet drastically performed

VCN - Regarding divestment, in the first half of 2022, corporations, corporation groups and SOEs divested capital from enterprises with a value of VND382 billion, earning VND2.180 billion.
More resources for aviation industry to accelerate recovery

More resources for aviation industry to accelerate recovery

VCN - Many experts believe that aviation should be considered as one of the top priority industries for effective recovery support solutions.
Major goals of thrift practice against waste

Major goals of thrift practice against waste

Many goals have been set by the Ministry of Finance in the program of thrift practice and anti-waste for the 2021-2025 period.
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.
The State Audit "spotted" a series of projects making losses, loss of capital and behind schedule

The State Audit "spotted" a series of projects making losses, loss of capital and behind schedule

The State Audit pointed out several investments of corporations in affiliated companies and long-term investments that suffered losses and lost capital.
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