A total of 134 out of 671 State-owned enterprises had reported cumulative losses amounting to 115.3 trillion VND (4.6 billion USD) in 2023.

Recent reports reveal that out of 671 state-owned enterprises (SOEs), hundreds are experiencing losses, with total debts surpassing VND 2 quadrillion.

VAMC has purchased the bad debts of Sacombank related to Phúc An Khang International Hospital and Bình Dương Construction Stone.

In compliance with Vietnam's Credit Institutions Law, which took effect on July 1st, State-owned banks are beginning to disclose the identities of major shareholders holding 1% or more of their charter capital.

The Government earned over 149 billion VND (5.93 million USD) from capital divestment at four State-owned enterprises during January – July, the Ministry of Finance (MoF) said.

The amount of cash owned by state-owned enterprises (SOEs) is the dream of other enterprises, a survey has found.

Prime Minister Phạm Minh Chính has asked the State-owned enterprises (SOEs) to pilot the recruitment of foreign chief executive officers (CEOs) and those who are not members of the Communist Party of Việt Nam for managing positions.

After nearly 40 years of "Doi moi" (Renewal), the State-run economic sector has developed strongly, contributing significantly to building and safeguarding the Fatherland, maintaining macro-economic stability and boosting socio-economic development.

The Ministry of Finance has launched an audit to investigate the financial, accounting, and tax compliance of Vietnam Cement Industry Corporation (Vicem) and its three subsidiaries following significant financial losses.

PM Pham Minh Chinh has called for state-owned enterprises (SOEs) to well perform "5 pioneers" and become major economic drivers, urging ministries and branches to support these enterprises to reach international levels of performance and influence.

The State Capital Investment Corporation (SCIC) announced plans to sell capital in 31 companies, attracting significant market interest.

SCIC will offload capital in 31 firms, including FPT Corporation.

A process has begun to allow the Vietnam Shipbuilding Industry Corporation (SBIC) to declare bankruptcy, according to Deputy Minister of Transport Nguyen Xuan Sang.

The Government has given the green light to a bankruptcy resolution plan for the Shipbuilding Industry Corporation (SBIC) and its seven subsidiary companies.

Under an equitization plan for 2022-2025, the Ministry of Construction (MOC) will divest from large corporations, including HUD, Coma and Lilama, but will still hold 100 percent of the capital of Vicem, the cement manufacturer.

State-owned enterprises (SOEs) in Vietnam reported their revenue last year surged by 29% against the previous year to over VND2.7 quadrillion, according to a report by the Ministry of Finance.

Finance Minister Ho Duc Phoc recently delivered a comprehensive report to the National Assembly, detailing the oversea investment landscape of state-owned enterprises during 2022.

After decades of overseas investments, 16 State-owned enterprises, primarily PetrolVietnam (PVN) and Viettel, have brought back profits exceeding US$2 billion.

As many as 30 State-owned enterprises invested over US$6.6 billion overseas by the end of 2022, according to a report of the Ministry of Finance.