Vietnam raises $6.35b from state enterprise divestments in 2017

Vietnam raises $6.35b from state enterprise divestments in 2017

Vietnamese national flags and billboards advertising the 12th National Congress of the Communist Party of Vietnam line a highway in Hanoi, Vietnam. Photographer: Maika Elan/Bloomberg

Vietnam’s government raised over VND144.5 trillion ($6.35 billion) by divesting its stake in state-owned enterprises (SoEs), including via initial public offerings (IPOs) in 2017, according to an official report released on January 31.

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