Vietnam tries to speed up privatisation programme

Government presses reluctant SOEs and ministry officials after executing just a quarter of its 2017 divestment target.

Vietnam tries to speed up privatisation programme

An ambitious but poorly executed privatisation programme appears to be reaching an important juncture that may lead to far more of Vietnam's state-owned enterprises coming up for sale over the next few years.

So far this year, the government has only made 11 divestments from a targeted 44 thanks to a combination of foot dragging and inexperience, which have made the execution process tortuous and difficult.

In 2016 the government set a...

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