Vietnam PM asks major groups, corporations to turn higher profit

Vietnam PM asks major groups, corporations to turn higher profit

State-owned groups and corporations with large resources that take on important missions must restructure to become profitable, thus contributing more to the country’s GDP growth and budget revenue, said Prime Minister Pham Minh Chinh on Monday.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

19 SOEs see H1 state budget contribution up 8%

19 SOEs see H1 state budget contribution up 8%

Nineteen state-owned enterprises under the Commission for the Management of State Capital at Enterprises (CMSC) paid about VND31.9 trillion (over $1.36 billion) to the state budget in this year’s first half, up 8% year-on-year.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam targets 10 state firms worth over $5 bln by 2025

Vietnam targets 10 state firms worth over $5 bln by 2025

The Vietnamese government aims to have at least 10 state-owned companies with market capitalization of over $5 billion on local bourses in the next five years.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

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