Soes

It also says that business news must be posted on the portal and website of the firm, the State agency and the MPI’s business information portal. Companies are also required to publicise their six-month and full-year financial reports. … [Read more...] about MPI prepares new decree on SOE information disclosure

The Ministry of Finance also stressed that leaders of ministerial and central agencies and chairmen of provincial people’s committees must to work more actively to complete the Government’s equitisation plans and they must be accountable for the plan implementation progress. — VNS … [Read more...] about Six companies get equitisation plans approved in January-August

The speed of state capital divestment at enterprises also remains slow as compared to the set plan. In the first six months of the year, almost no large-scale equitisation or divestment was conducted. Under Decision No.1232/QD-TTg dated August 2017 on approving the list of state-invested enterprises undergoing divestment, in the 2017-2020 period divestment of 348 enterprises was planned. However, only 26.4 per cent has been completed (92 enterprises). In June, the prime minister promulgated Decision No.908/QD-TTg on approving the list of state-invested enterprises undergoing divestment. … [Read more...] about How to drive the economy by reforming state-owned debt

In many cases, the more regulations are issued, the more confusing, the more entangled they appear. Why? Although the Party, Government, and National Assembly have made great efforts, and the speed of promulgating laws is good, the quality of laws is not commensurate. Our mechanism is the executive builds the law, the legislature supplements and passes it. If the two agencies do not coordinate well, the quality of laws is not guaranteed. That is, there are problems in the legal building process. … [Read more...] about To catch up with other countries, Vietnam must run quickly and steadily