(SGI) - Most businesses that are in need of capital in the current economic scenario expect a regulatory adjustment, as most of them are facing extreme difficulties in running their entire operations.
(SGI) - According to the Resolution on the Economic Restructuring Plan for the period 2021 to 2025, Vietnam aims to have about 1.5 million enterprises by the end of 2025. To achieve this goal, about 160,000 new businesses will need to be set up each year.
After the value of a State-Owned Enterprise (SOE) is clearly determined, its land area must be separated from its value before the equitization process. Then only will the legal procedures be fully cleared for an SOE to function.
(SGI) - The Ministry of Finance has stated in its recent report that the equitization process of State-Owned Enterprises (SOEs) has been taking place very slowly and therefore has not achieved its set target. The reason attributed to the delay is slow enterprise valuation, but the more prominent reason is conversion of land assets of SOEs.