Vietnam privatisation pushed back, again

Prospects for taking Vietnam’s top state-owned enterprise public remain mired in uncertainty, despite a looming deadline set by the government.
Vietnam Airlines, along with Vietnam Posts and Telecommunications (VNPT) and Vietnam Oil & Gas, is slated for divestment.
Vietnam Airlines, along with Vietnam Posts and Telecommunications (VNPT) and Vietnam Oil & Gas, is slated for divestment.

Bankers are optimistic about top Vietnamese conglomerates’ financing and MA activity for 2014 but they are more hesitant about deals from public companies.

Vietnam Airlines, Vietnam Posts and Telecommunications VNPT and Vietnam Oil Gas are slated for divestment, a point mentioned by Prime Minister Nguyen Tan Dung during a recent visit to New York. But Dung made no mention of process or timeframe.

“Progress has been slow but the government seems to...

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