Arrow Artboard Created with Sketch. Artboard Created with Sketch. Title Chevron Title Chevron Icon Facebook Icon Linkedin Icon Mail Contact Path Layer Icon Mail Positive Arrow Icon Print Economy Vietnam kicks up privatization, again, as growth slows The sale of shares in Vietnam Airlines will provide a glimpse into the state of investor confidence.
MANABU ITO, Nikkei staff writer October 2, 2014 00:00 JST | ASEAN
HANOI -- The Vietnamese government plans to sell off shares in more than 300 state-owned enterprises by the end of 2015 in a new round of partial privatizations meant to rouse a sleepy economy.
But investors are skeptical about the prospect of better governance at SOEs, which provide about 40% of the country's economic output and roughly 20% of its jobs.
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