Director Generals of 29 state-owned businesses pledged to equitize their businesses by the end of next year as per schedule in Ho Chi Minh City on March 13.
Their pledges were witnessed by Deputy Chairman of Ho Chi Minh City People’s Committee Le Manh Ha and officials from relevant departments.
Leaders of the companies have agreed for severe penalties if they failed to equitize their companies on schedule.
HCMC planned to equitize 31 state businesses by 2015. Nine of them ran behind schedule in 2013.