Vietnam Plans State Stake Sales in 161 Cos This Year

16.08.2017

Stake sales in major SOEs may be sliced into several tranches with each portion representing 20%-36% of total divestment to attract investors, govt website reports, citing prime minister’s draft decision compiled by Ministry of Planning and Investment.

Deputy Premier Vuong Dinh Hue urges Planning and Investment Ministry to quickly finalize, submit draft for approval in Aug. 16 meeting with multiple ministries

Stake sales in major SOEs such as Sabeco, Habeco, SCIC, PVN, EVN, ACV must be approved by prime minister

2H planned divestment may generate nearly 30t dong from total book value of 19.78t dong

Govt plans state stake sales in 185 cos next year; 65 in 2019 and 25 in 2020

2017-20 planned divestment has total book value of 64.46t dong

Govt capital remains in 375 cos with book value totaling 108.5t dong, excluding cos under ministries of defense, public security, Ho Chi Minh City’s People Committee, State Capital Investment Corp. and cos whose state stake sales decided by prime minister

NOTE: Vietnam Plans to Privatize 45 State-Owned Cos This Year: Govt

NOTE: Vietnam’s SCIC to Sell State Stakes in 132 Cos in 2017-20: Govt

Source: Bloomberg / MoP

Photo: CBR Investment AG