Việt Nam needs to improve effeciency of foreign investment activities

The Government should review and supplement regulations and conditions to attract foreign investment and also choose effective FDI projects. That is more important than the attraction of FDI for economic growth, especially in the period of resuming the domestic economy after the COVID-19 pandemic ends. Economic expert Nguyễn Bích Lâm, former head of the General Statistics Office, talked to Vietnam News Agency about this issue.

State owned enterprises’ role in the national economy

National Assembly Deputy Vũ Hồng Thanh, chairman of the National Assembly's Economic Committee, talks to the Vietnam News Agency about the need to separate the impacts of COVID-19 from the operation and performance of State-owned enterprises and State economic groups

SCIC to sell entire stake in cooking oil giant Vocarimex The State Capital Investment Corporation (SCIC) has announced it will sell its 36.3 per cent stake, or 44.2 million shares, in the Việt Nam Vegetable Oils Industry Corporation (VOC).

Gelex completes acquiring shares at Viglacera The Việt Nam Electrical Equipment JSC (Gelex) has acquired a 21.1 per cent stake at construction group Viglacera to raise its ownership to 46.07 per cent.

Equitisation doesn't necessarily mean a better future for SOEs

Equitisation should be a magic wand to improve the performance of a State-owned enterprise (SOE), but in some cases, it is not.

VN looks to attract foreign investment in equitisation of SOEs

As the Government was focusing on accelerating the privatisation and divestment of State-owned enterprises (SOEs), attracting foreign investment was important to the success of the progress, according to the Commission for the Management of State Capital at Enterprises (CMSC).

Six companies get equitisation plans approved in January-August As the Prime Minister’s SOE equitisation plan has remained stagnant for the last five years, economic specialists have said it is very difficult for the stakeholders to complete the plan on schedule, or it is impossible.

PVN receives high praise from Deputy Prime Minister

The Việt Nam Oil and Gas Group (PVN) needs to master oil and gas exploration and exploitation at home and abroad to help ensure national energy security and be an economic leader in the country, Deputy Prime Minister Trương Hòa Bình has said.

Two major shareholders leave Vinaconex Cường Vũ Real Estate and Star Invest sold their shares in Vinaconex via put-through transactions on August 13-14, worth nearly VNĐ3 trillion (US$129.4 million).

Equitising State-owned enterprises to boost growth amid COVID-19 Dr Burkhard Schrage, Senior Programme Manager of Management at RMIT’s School of Business & Management talked with Việt Nam News about the work of equitising state-owned enterprises during the COVID-19 pandemic.