Tay Ninh Sugar, one of the five equitised companies (Source: tanisugar)
Tay Ninh (VNA) – The southern province of Tay Ninh has fulfilled its plan on equitisation of State-owned enterprises (SOEs) for 2011-201ꦺ5.
Nguyen Van Duoc, Acting Director of the provincial Department of Finance, told a review conference on April 7 that a total of five SOEs were restructured over the past five years, including two with more than half of State stakes – The May 1 Tay Ninh Rubber and Tay Ninh Water Supply and Drainage.
The three others are Tay Ninh Auto Register, Tay Ninh Mechanical and Tay Ninh Sugar.
The selling of State-owned stakes in the five one-member limited liability companies brought 429.1 billion VND (19.3 million USD) to the coffer.
According to Duoc, after the equitisation, the companies have maintained stable operation with better profits.
Vice Chairman of the Tay Ninh province People’s Committee Duong Van Thang, who is also head of the provincial board for business renovation and development, suggested the Finance Department coordinate with the equitised enterprises to continue strengthening management and improve the operation efficiency of the companies.
The department should also assign capable officials to represent State ownership at enterprises in which the State still holds a stake to ensure the proper and effective use of State capital.-VNA
The Transport Ministry has surpassed the equitisation target assigned by the government, Deputy Prime Minister Vu Van Ninh said during the ministry’s conference on December 9.
The Prime Minister has recently approved the equitisation plan of the Vietnam Medical Equipment Corporation (Vinamed), which has a total chartered capital of 88 billion VND (3.9 million USD).
The State-owned Vietnam Railways (VNR) has seen certain success in its equitisation process as 23 out of its 24 subsidiaries have completed initial public offerings (IPOs) to date.
Prime Minister Nguyen Tan Dung has approved Corporation 36's equitisation plan, involving the sale of part of the state share and issuing of more stakes to increase its charter capital.
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.
Tay Ninh Sugar, one of the five equitised companies (Source: tanisugar)
