Despite the compelling argument supporting more equitization and divestment from state-owned enterprises (SOEs), foreign investors tend to view the government’s plans with considerable skepticism.
The business value of VTVcab determined at nearly VND4 trillion (roughly US$176 million) at the end of 2015 will not be adjusted when the initial public offering (IPO) takes place.
“The decision of Central Inspection Commission of the Communist Party of Vietnam on the case of Ho Thi Kim Thoa is duly respected” - the spokesman of Ministry of Industry and Trade quoted.