Government plans to rearrange state-owned enterprises till 2025
HCMC – Deputy Prime Minister Le Minh Khai has signed a decision approving a plan of rearrangement of state-owned enterprises for the period of 2022-2025 in the form of one-member limited company, equitization, re-arrangement and divestment. Accordingly, the Government will equitize 19 enterprises
State-run firms incur huge losses from overseas projects
HCMC – Thirty projects invested overseas by State-run enterprises racked up total losses of US$335.5 million in 2021, up 42% year-on-year. Among them, eight projects in telecommunications made a combined loss of US$293.3 million due to foreign exchange rates and high fees and taxes. The Vietnamese