The seven major areas include finance, banking, and aviation industries.
The Government will keep at least 65% stake in State-owned enterprises (SOEs) in seven sectors, including the finance, banking, and aviation industries after completing privatization or divestment of State capital.
Customers at BIDV. Photo: Quoc Viet |
The information was revealed in the Government’s decision No.22/2021/QD-TTg stipulating criteria for the classification of SOEs subject for privatization and divestment in the 2021-2025 period.
The decision is applied for airport management; air navigation services; seaport management; large-scale natural resources extraction; cartoon production for children; finance, banking (excluding insurance, securities, fund management, financial and financial leasing companies); and wholesale of essential food.
The State will hold from 50-65% stake at water purification and provision; basic chemical production; air transportation; petroleum distributors with at least 30% of market share; and others.
Sectors and fields subject to wholly owned by the State are survey and mapping for purpose of national security; production and distribution of industrial explosives and explosive precursors; national grid management and distribution; lottery; gold bar production and money printing; and debt solving.
The decision is set to take place from August 19.
Other News
- IT training urged to focus on semiconductors
- Hanoi Great Souvenir Fair 2024 to take place next week
- As orders rise, Vietnamese textile firms see better prospects in 2024
- C.bank to auction nearly 17,000 gold taels on April 22
- Trade ministry proposes purchasing renewable electricity mechanisms without EVN’s involvement
- Australia and Vietnam develop competitive electricity markets
- Vietnam, Thailand advance realization of “Three Connections” strategy
- Vietnamese Gov’t to expand list of electricity buyers under direct power agreement scheme
- Viettel opens largest data center in Vietnam to support AI development
- Vietnam’s economy expected to grow at solid pace in 2024-2025: ADB
Trending
-
Upcoming holiday in Hanoi: Sightseeing from central city to outskirts
-
Vietnam news in brief - April 24
-
Vietnamese contemporary ballet celebrates Europe Day
-
IT training urged to focus on semiconductors
-
Voluntary social security should cover larger part of informal sector: Experts
-
ASEAN Future Forum 2024: Promoting regional centrality
-
Central bank moves gold auction to tomorrow
-
[Video]Hanoi beauty spots featured in saxophone legend Kenny G's music video
-
Colorful stage shows in Hoan Kiem Lake pedestrian area