VietNamNet Bridge - Many foreign investors that want to become strategic partners of large state-owned conglomerates are finding it difficult to negotiate prices. 

The government has just announced the list of 406 state-owned enterprises (SOEs) to be divested in the 2017-2020 period, drawing heavy attention from investors.

VietNamNet Bridge - The statistics on the number of private businesses released by state management agencies vary.

The outlook for Asia and the Pacific is the strongest in the world, but it is shrouded by challenges at home and abroad, according to the latest IMF report for the region.

 SOEs are still unduly supported by the government and cannot mature.

VietNamNet Bridge - The Prime Minister’s newly released decision on the divestment plan in 2016-2020 includes many large corporations such as VNPT, MobiFone, Agribank and Vinacomin.

VietNamNet Bridge - The government has released a list of 19 enterprises in Hanoi and the proportion of the state’s ownership stake in them.

The government has set up a steering committee to deal with state-owned enterprises’ (SOEs) unprofitable multi-billion dong projects. The projects will be dealt with market rules instead of preferences. 

VietNamNet Bridge - The government has been warned that loopholes in the process of divesting state capital from state-owned enterprises may lead to a major losses.

VietNamNet Bridge - Many Vietnamese enterprises now have large amounts of cash and have deposited them in banks to make profits.

In an effort to ensure public debt security, the Prime Minister has decided that from 2017, the government will temporarily stop acting as a guarantor for state-owned enterprises (SOEs) that borrow money.

Thai groups are waiting for the Government of Vietnam’s implementation of a plan to divest itself from 12 major State-owned enterprises, especially those operating in the fields of drinks and construction materials, Nikkei Asian Review reports. 

VietNamNet Bridge - Prime Minister Nguyen Xuan Phuc has instructed state management agencies to protect strong national brands, including Habeco, Sabeco and Vinamilk, after the state sells its stakes in the enterprises.

One of the controversial points in the draft plan on restructuring the national economy in the 2016-2020 period drafted by the Ministry of Planning and Investment is the use of the state’s money to settle commercial banks’ bad debts.

VietNamNet Bridge - The State would receive $7 billion if it sells its stakes in 12 large corporations. 

The Vietnamese government has many times vowed to boost the equitisation of state-owned enterprises (SOEs), but the process has remained sluggish.

VietNamNet Bridge - High-ranking executive officers of state-owned conglomerates are believed to receive high wages even though the enterprises operate ineffectively.

VietNamNet Bridge - The steering committee of Vietcombank, members of the board of directors and supervisory board receive VND1.9 billion a year in salary each. 

VietNamNet Bridge - The total assets of the state in the national database by December 31, 2015 were valued at VND1,031,313.82 billion.

VietNamNet Bridge - The Committee for managing and supervising state capital and assets will have the function of investing in enterprises and managing the asset portfolio.