RPT-Vietnam aims to sell stakes in nearly 100 state firms by end of 2020
By Editor - Thu Aug 15, 9:16 pm
Vietnam plans to speed up its privatisation programme by selling stakes in nearly 100 state-owned firms by the end of 2020, including Agribank, the government said late on Thursday. The Southeast Asian country has been selling stakes in state firms in recent years to improve their performance and to fill the government’s coffers, but the pace has been slower than scheduled recently. The government now plans to sell stakes in 93 firms by the end of next year, it said in a statement.
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