The press conference on the Vietnam M&A Forum 2020 with the theme "Rising in a new normal state". (Photo: SGGP)

Vietnam's M&A market possibly reaches US$7 billion by 2022

Experts predict that the M&A market in Vietnam will likely make the V-shaped recovery in the period from 2021 to 2022, reaching US$4.5 billion-US$5 billion by 2021 before rebounding stronger with a value of $7 billion by 2022.
Structure of economic sectors continues to evolve positively

Structure of economic sectors continues to evolve positively

The Government has just released a report to the National Assembly on a five-year economic reform review. In which, the Government stated that the structure of the economic sectors continued to have positive changes and in the right direction; the proportion of processing, manufacturing, and high-tech industries increased; the investment and business environment improved.
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Equitization, divestment remain sluggish

According to the Department of Corporate Finance under the Ministry of Finance, from 2016 to July 2020, 177 enterprises had received approvals for their equitization plans by the competent authorities with a total value of over VND443.5 trillion, of which the State capital value was over VND207.1 trillion.
Agribank is one of enterprises which must be equitized by the end of 2020. (Photo: SGGP)

Equitization remains stagnant

According to the Ministry of Finance, by the end of third quarter of this year, there were only nine enterprises having been approved equitization plans with total value of merely VND780 billion although according to the Decision No.26/2019/QD-TTg of the Prime Minister, there will be up to 128 enterprises carrying out equitization by 2020.
EVN successfully sells nearly 87 percent of its stake in EVF

EVN successfully sells nearly 87 percent of its stake in EVF

Recently, the Vietnam Electricity (EVN) has successfully sold 16.25 million shares out of a total of 18.75 million shares of EVN Finance (EVF), or 7.5 percent stake, that it put up for auction to two individual investors.
Goods on display at a Hapro supermarket in Hanoi. (Photo: VNA/VNS)

Deputy PM chairs meeting on SOE restructuring

The Government will reconsider the leadership responsibilities of officials who are yet to fulfill State-owned Enterprises (SOEs) privatisation and divestment, said Deputy Prime Minister Vuong Dinh Hue, Head of the Government Steering Committee on Corporate Renovation and Development.