(VOV) – To equitize state owned enterprises (SOEs) successfully, it is important to seek strategic investors and sell equities to them prior to the initial public offering (IPO), said Minister of Transport Dinh La Thang.
Minister Thang emphasised this point at a meeting chaired by Prime Minister Nguyen Tan Dung, in Hanoi on February 18 discussing the equitization of SOEs in the 2014-2015 period.
Minister Thang shared his thoughts on how best to implement the restructuring and equitization of SOEs effectively.
“When the equitization of SOES has been carried out, shareholders will get involved in supervising the work while the State will be left to solely to focus on managing and devising overall business policy”, he said.
Thang also unveiled the ministry’s plan to equitize SOEs in the 2014-1015 period.
Almost all corporations and SOEs will be equitized and ten corporations will complete the equitization in the first quarter of 2014, while Vietnam Airlines will finalize the process in the second quarter of the year.
In the 2014-2015, the Ministry of Transport will continue to speed up the equitization of nine maritime businesses.
From 2011 to 2013, the country restructured 180 businesses and equitized 99 SOEs, with the total number of equitized SOEs having reached 4.065 to date.
Đăng ký: VietNam News
