Tuesday, August 22 2017

VietNamNews

SOEs asked to report profits

Update: September, 14/2013 - 09:19
Deputy Prime Minister Vu Van Ninh asked ministries and ministerial-level agencies to direct State-owned groups and corporations to report their profits and dividends.— Photo baocongthuong

HA NOI (VNS)— Deputy Prime Minister Vu Van Ninh asked ministries and ministerial-level agencies to direct State-owned groups and corporations to report their profits and dividends.

State-owned groups and corporations are also required to report how much they receive from selling State capital shares during the equitisation process.

By the end of July, the country restructured 5,914 SOEs, equitised 3,990 businesses and converted 1,924 businesses into one-member limited companies.

Several big State-owned groups and corporations including Vietnam Airlines, Vietnamotor and Vinatex will soon hold initial public offerings (IPOs).— VNS

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