Not any enterprise had its equitisation plan approved in the first five months of this year, the Ministry of Finance reported on June 5.

Issues related to land use right continue to pose obstacles to the State-owned enterprises' process of evaluating the businesses and share prices and executing their equitisation plans, experts said at a meeting on August 8.

No State-owned enterprises (SOEs) gained approval for their equitisation plans in the first three months of 2019, according to the Ministry of Finance’s Corporate Finance Department.

As the stock market is experiencing strong volatility and shows little signs of strong recovery, the State may struggle to sell its stake in State-owned enterprises (SOEs) on schedule.

Many investors have shown their keen interest in the equitisation of the Vietnam National Shipping Lines (Vinalines) as the country’s biggest sea transport company plans to hold their initial public offering (IPO) in early September.

Deputy Prime Minister Vuong Dinh Hue has approved an equitisation plan of the Vietnam Rubber Group (VRG).

Telecom operator Vietnam Posts and Telecommunications Group (VNPT) expects to hold its initial public offering (IPO) in 2019, according to the group’s chairman Tran Manh Hung.

The Song Da Corporation will sell nearly 200 million shares worth 48.82 percent of its charter capital in its initial public offering (IPO) scheduled for 2019.

The Ministry of Agriculture and Rural Development has valued the Vietnam Rubber Group, the country’s largest rubber company, at 4 trillion VND (177.78 million USD), not including its land.

The Prime Minister has recently approved the equitisation plan of the Machines and Industrial Equipment Corporation (MIE), which has a total charter capital of 1.42 trillion VND (63.7 million USD).

Prime Minister Nguyen Tan Dung has approved Corporation 36's equitisation plan, involving the sale of part of the state share and issuing of more stakes to increase its charter capital.

Prime Minister Nguyen Tan Dung has approved the equitisation plan to transform the State-owned Vietnam National Construction Consultants Corporation (VNCC) into a joint stock company on January 15.

The Prime Minister has approved a plan to raise the charter capital of Vietnam Expressway Corporation (VEC) under the Ministry of Transport.

Vietnam remains to be in top five of the world’s largest apparel exporters by raking in 28 billion USD from shipping garment products to foreign countries in 2015.

The Prime Minister has recently approved the equitisation plan of the Vietnam Medical Equipment Corporation (Vinamed), which has a total chartered capital of 88 billion VND (3.9 million USD).