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Viet Nam Rubber Group to remain State-owned

Update: April, 03/2012 - 11:24

HA NOI — The Prime Minister has decided to maintain Viet Nam Rubber Group and its 22 affiliated companies as wholly State-owned enterprises. Only Rubber Finance Co would be equitised by 2015, although the State would continue to hold more than 50 per cent of charter capital. Under the plan, the Viet Nam Rubber Group would also divest from six of its subsidiaries and nine affiliates, including Sai Gon-Ha Noi Securities Co (SHS) and Long Thanh International Airport. — VNS

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