Friday , March 29 2024

Government to sell stakes in 141 firms, privatize 19


The government plans to divest its stakes in 141 companies and privatize 19 of others by 2025.

According to a decision on restructuring SOEs in the 2022-25 period announced Tuesday, the government will retain its stakes in 126 SOEs and 195 one-member limited liability companies, and restructure 26 others.

The decision comes at a time when privatization has slowed due to the Covid pandemic.

The government raised around VND3.36 trillion (US$135.56 million) from divesting stakes in SOEs in the first 10 months of this year, according to the Ministry of Finance.

A total of 180 companies were privatized in 2016-20 period, with the government raising nearly VND177.4 trillion, 6.5 times the book value, according to data from the Steering Committee of Business Development and Reform.

Read More :
- Reduce Hair Loss with PURA D’OR Gold Label Shampoo
- Castor Oil Has Made a “Huge” Difference With Hair and Brow Growth
- Excessive hair loss in men: Signs of illness that cannot be subjective
- Dịch Vụ SEO Website ở Los Angeles, CA: đưa trang web doanh nghiệp bạn lên top Google
- Nails Salon Sierra Madre