Systemic problems in auctioning shares of State-owned enterprise (SOE) Vinamilk recently should serve as a lesson for upcoming equitising transactions, a Finance Ministry official says.

State-owned enterprises (SOEs), particularly large corporations, play dominant roles in several key economic sectors, such as energy (electricity, coal, petroleum), banks and telecommunications, Ministry of Planning and Investment (MPI) statistics revealed.

South Korean Solum Vina Company officially inaugurated its factory at the Bá Thiện II Industrial Park (IPs) in northern Vĩnh Phúc Province’s Bình Xuyên District yesterday.

Samsung Electronics Việt Nam (SEV) in association with University of Social Sciences and Humanities and the University of Languages and International Studies on Saturday held a ceremony to mark completion of the 14th Korean language course.

Phú Thịnh-Nhà Bè Garment Joint Stock Company’s management board has agreed to halt its apparel manufacturing business from early next year, as well as to de-list all its 2.2 million shares on the Hà Nội Stock Exchange.

Shares were mixed on the two local exchanges yesterday while investor confidence remained low ahead of the year-end holiday.

The General Department of Taxation is hastening the implementation of online tax refunds on a national scale, a part of the tax reform effort, to create favourable conditions for businesses.

Along with promotion programmes, banks have been expanding their networks in an aim to reach their annual targets.

Domestic textile enterprises and logistics service providers should work together to reduce costs and improve their competitiveness, according to experts.