Government raises 61.5 million USD from SOE divestment
The Government raised more than 1.39 trillion VND (61.5 million USD) by divesting its stake in State-owned enterprises (SOEs) in the first quarter of this year, according to the Ministry of Finance.
Hanoi (VNA) - The Government raised more than 1.39trillion VND (61.5 million USD) by divesting its stake in State-owned enterprises(SOEs) in the first quarter of this year, according to the Ministry of Finance.
During this period, authorities also approved the equitisationplans of two SOEs - Phuoc An-Dak Nong Coffee Company and Van Tuong Company - ata total value of 987 billion VND, of which 187 billion VND is State capital.
The first quarter also saw several equitised SOEs completeinitial public offering (IPO) auctions, such as Binh Son Refinary, PV Oil, PVPower and Vietnam Rubber Corporation.
According to data of StoxPlus Company, Vietnam’s stockmarkets raised 21.3 trillion VND through the IPO auctions of 12 SOEs in thefirst quarter, equal to the total IPO value of the previous four years.
Experts attributed the high growth to a wave of equitisationof many large SOEs in recent times, especially in the field of energy.
Vietnam considers 2018 a key year in the country’srestructuring plan for SOEs, targeting to divest State capital at 181SOEs and equitise at least 86 SOEs throughout the year, with 64 beinglarge ones. The target is tough, but experts believe it is feasible, thanks tomany favourable conditions, including high economic growth and macro-economicstability.
Investors are waiting for IPOs of large companies in thetrade and services sectors, such as Mobifone, Ben Thanh Group, Satra and SaigonTourist, or in the real estate and construction sectors, such as InvestmentCorporation and Hanoi Housing Development Corporation.
Last year, the Government raised over 144.5 trillion VND bydivesting its stake in SOEs. The proceeds were 2.41 times higher than thetarget of 60 trillion VND set by the National Assembly.-VNA
The equitisation of State-owned enterprises (SOEs) should be stepped up towards transparency in line with the market mechanism, heard a workshop in Ho Chi Minh City on June 23.
Vietnam is stepping up the equitisation of State-owned enterprises (SOE) and wants foreign investors to pay attention to this area, Prime Minister Nguyen Xuan Phuc said on September 14.
Deputy Prime Minister Vuong Dinh Hue called for speeding up the equitisation of State-owned enterprises (SOEs) at a recent meeting of the Steering Committee for Business Renovation and Development.
Some 28 of 34 auctions conducted by the Hanoi Stock Exchange (HNX) in 2017 sold out shares offered by state-owned enterprises (SOEs), raising over 2.63 trillion VND (115.72 million USD) for the State.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
Illustrative image (Source: VNA) 
