Brand Finance

Equitisation and divestment move at slow pace

Although equitisation and divestment of State capital in State-owned enterprises (SOEs) adds revenue to the State budget and improves corporate governance, the process is moving painfully slow due to various obstacles.

Reforming, modernising SoEs a key objective: minister

Reforming and modernising State-owned-Enterprises (SoEs) remains a key objective and high priority of the government, as it continues to roll out policies to address their shortcomings and limitations, said finance minister Hồ Đức Phớc at a conference discussing Việt Nam’s SoEs equitisation and management of State capital yesterday.