Swiss firms hopeful about Việt Nam's int’l financial centre

Winzenried described HCM City as a natural fit for an international financial centre, citing its strong regional connectivity, a young and energetic workforce, and an increasingly business-friendly environment that has attracted a wave of technology companies.

State minority ownership in equitised enterprises hinders growth

In equitised firms with under 36 per cent State ownership, Government-appointed representatives remain deeply involved in strategic decisions, particularly capital increases, infrastructure investments and structural overhauls, even though they lack controlling stakes. 

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