List of Enterprises for State Capital Divestment 2017 - 2020

12:10, 11/07/2024

On August 17, 2017, the Prime Minister of the Government of Vietnam signed Decision 1232/QD-TTg to approve the list of state-owned enterprises to divest in the period 2017 - 2020.

In particular, the roadmap for enterprises to divest capital over the years is as follows:

- 2017: 135 enterprises;- 2018: 181 enterprises;- 2019: 62 enterprises;- 2020: 28 enterprises.

It is noteworthy that some enterprises will conduct divestment in two phases as follows:

- Vietnam Engine and Agricultural Machinery Corporation will divest a minimum capital ratio of 52.47% in 2017 and a minimum capital ratio of 36.00% in 2020.- Airports Corporation of Vietnam will divest a minimum capital ratio of 20% in 2018 and a minimum capital ratio of 10.40% in 2020.

Agricultural and forestry companies, state-owned corporations yet to undergo equitization; enterprises under the Ministry of National Defense, the Ministry of Public Security, etc., will divest capital according to the separate decision of the competent authority.

See the detailed List at Decision 1232/QD-TTg which takes effect from the date of signing for issuance.

>> CLICK HERE TO READ THIS ARTICLE IN VIETNAMESE

0 lượt xem

- This translation is generated by OpenAI's GPT-4o model;
- The legal regulations in this article are according to Vietnamese Law;
- This English translation is for reference purposes only and not a definitive translation of the original Vietnamese texts;
- Articles may be compiled from a variety of sources;
- Applicable Terms may have expired at the time you are reading;
- If you have any questions about the copyright of the article, please contact us via email banquyen@lawnet.vn