Deputy PM urges faster sale of State capital
In the next round of equitisation, State capital must be sold faster, at higher value, and the enterprises’ corporate governance must further improve, Deputy Prime Minister Vương Đình Huệ has said. Huệ was speaking at a meeting on equitisation and the restructuring of State-owned enterprises (SOEs) in Hà Nội on Monday. Though 96.5 per cent of the SOEs have been equitised so far, only 8 per cent of State capital has been sold. Therefore, up to 92 per cent of State capital remains unequitised, meaning that the country need to do more to attract private investment capital in industries and sectors that the Government does not need to hold stakes in, Huệ said.
