Việt Nam's fiscal deficit will stay high at 5.7 per cent (including interest repayment) in 2019 due to delays in the divestment of State-owned enterprises (SOE) and lower import tax revenues, according to Fitch Group’s Fitch Solutions forecast.
No State-owned enterprises (SOEs) gained approval for their equitisation plans in the first three months of 2018, according to the Ministry of Finance’s Corporate Finance Department.
The amendments to the Law on Enterprise and Law on Investment must include stronger solutions to thoroughly and comprehensively reform State-owned enterprises (SOEs) and enhance their efficiency, according to the Việt Nam Association of Financial Investors (VAFI).
The Ministry of Industry and Trade will transfer State capital ownership representative rights in five enterprises to the State Capital Investment Corporation (SCIC) in the first quarter of this year.
Trần Văn Dũng, chairman of the State Securities Commission, speaks to Vietnam News Agency about the securities market’s prospects this year following negative growth in 2018.
PetroVietnam Power Corporation (PV Power) shares jumped 4.7 per cent following the company’s debut on the Hồ Chí Minh Stock Exchange (HoSE) on Monday.
On the occasion of Independence Day of Myanmar (January 4), Ambassador U Kyaw Soe Win sends a message to Việt Nam News readers.