INSIGHT

Vietnam seeks to accelerate SOE privatisation process

By Linh Bui
Asia Government Mergers & Acquisitions Privatisation Vietnam

In brief

The privatisation of State-owned companies (SOEs) (known as 'equitisation' in Vietnam) continues to be high on the Vietnamese Government's agenda as it continues to move towards a more market-driven economy and seeks to raise much needed capital to address the State budget deficit. However, to date, progress in implementing the Government's policy has not been as rapid as planned, with the process only completed by 160 of the 430 SOEs slated for equitisation.

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