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Vietnam to retain full ownership in SOEs in 11 sectors

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Staff Writer | January 4, 2017
The Vietnamese government has issued a directive to retain full ownership in state-owned enterprises (SOEs) operating in 11 sectors.
Vietnamese government
State companies in Asia   Vietnam announced a list of 103 SOEs
The 11 sectors include military mapping and measurement, industrial explosive material production and trading, management of national power grid, nuclear power, management of national railway and urban railway infrastructure, aviation control, search and rescue services, lottery and money printing among others, said the paper.

The government has announced a list of 103 SOEs in which the state will hold 100 percent stake and another 137 that will be equitized in the 2016-2020 period.

Among those that are to be equitized, the state will hold over 65 percent of the charter capital in four, 50-65 percent in 27, and below 50 percent in 106 SOEs.