Analysts have warned about the possible oversupply of shares when a series of equitized enterprises would make IPO.

 VietNamNet Bridge – A new decree on equitisation is in the works as authorities hope to accelerate the equitisation progress and enhance the role of market forces in Vietnam’s economy.

Deposit interests and dividends were the two main sources of income for the State Capital Investment Corporation (SCIC).

Efforts by State-owned groups and corporations to withdraw from non-core businesses may be given a boost if the Prime Minister approves a proposal by the State Capital Investment Corporation to acquire such stakes.

 Many big state-owned enterprises are planning to invest much more than they did last year despite the gloomy economy.

Stock investors expect to see more good commodities to be marketed soon in 2013, when a series of state owned enterprises go equitized in the year after many years of preparation.

State funding would represent 35-40 per cent of the total social investment, which is to make up 30-50 per cent of the nation’s gross domestic product (GDP) in the coming years,

The year of dragon, the bad year for many Vietnamese businessmen is over. However, the debts still exist, and the big tycoons still have to manage to earn money to pay debts.

PM Nguyen Tan Dung has just approved the Master Plan on Economic Restructuring in 2013-2020, which focuses on reorganizing public investment, credit organizations and State-owned enterprises.

The total debts of 1,300 trillion dong incurred by SOEs have been described by the Steering Committee for Enterprise Renovation and Development as “within the safety line.” Meanwhile, economists do not think so.

A series of state owned economic groups and general corporations report huge losses for the last many consecutive years, but the chiefs of the enterprises still receive huge incomes.

Chief Executive Officers (CEOs) of state owned enterprises (SOEs) would be dismissed if their businesses take loss for two consecutive years.

 VietNamNet Bridge – The Ministry of Planning and Investment is making a draft decree that requires all information of State-owned economic groups and corporations to be made transparent before the public.

VietNamNet Bridge – Prime Minister Nguyen Tan Dung has asked leading economic groups and State corporations to accelerate the equitisation process to improve its operational efficiency. 

Fund to help track development goals; Gov’t gets tough on State business equitisation; Cash to dominate real estate market in 2013; Largest tourist complex to open; Ministry may import eggs to meet demand for Tet

The Government tasked the Ministry of Home Affairs to revise the draft Directive of the Prime Minister on strengthening the implementation of the Public Administrative Reform Master Program for the period 2011-2020.

It is highly possible that Vietnam would retain only one state owned enterprise (SOE) in the telecom sector, while others would be equitized in order to ensure the healthy competition in the telecom market.

Many employers lack funds for Tet bonuses; Auto, motorbike sellers; FDI disbursement to reach $10.5b; Booming e-commerce needs legal controls; Banks forced to revise targets; Low-rate plan to clear house stocks

 VietNamNet Bridge – The Japanese Government has committed to grant US$2.6 billion in official development assistance (ODA) to Vietnam in 2013, nearly doubling last year’s figure (US$1.4 billion).

With their confidence in Vietnam’s business environment badly damaged, private entrepreneurs urged the Government to carry out reforms while ensuring macroeconomic stability in order to overcome the current difficult situation.