Vietnam privatisation plans further behind schedule due to COVID-19 pandemic

Vietnam privatisation plans further behind schedule due to COVID-19 pandemic

Channel NewsAsia - Business·2020-08-14 15:26

HANOI: Vietnam's plan to privatise scores of state-owned enterprises (SOEs) has fallen further behind schedule amid the COVID-19 pandemic, with only 37 companies divested so far out of a target of 128 in the 2017 to 2020 period, the Ministry of Finance said.

The Southeast Asian country has been seeking to speed up its privatisation of state-owned firms in recent years to improve their performance and to fill its coffers amid high levels of public debt.

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SE Asia Vietnam Finance International

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