State-owned enterprises
Removing roadblocks to equitization
PolicyVietnam is attempting to boost equitization of, and capital divestment from, its state-owned enterprises so as to lure in more capital from the private sector. However, the road to doing so has been far from smooth.
Delay in land use plans hinders equitization: officials
PolicyThe lack of a legal framework has made it hard for local governments to approve land use plans for State-owned enterprises (SOEs) that wish to go public, thereby hampering the equitization process.