13:35 24/05/2022

Addressing problems facing equitization and divestment kèo nhà cái bet88 State capital

Quoc Phong

Solutions suggested for overcoming the issues clouding the process.

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The equitization kèo nhà cái bet88 State-owned enterprises (SOEs) and the divestment kèo nhà cái bet88 State capital faces issues in the process for effective businesses and the valuation kèo nhà cái bet88 assets. By looking at the experience kèo nhà cái bet88 other countries and categorizing businesses, however, the process can be executed smoothly.

The restructuring kèo nhà cái bet88 State ownership ratios and investments is only done when business results are not effective. If a business is profitable, it is not necessary to equitize or divest capital.

Another obstacle is asset pricing. Although there are many different valuation methods, if the results kèo nhà cái bet88 two or more methods have low bias, the more commonly used method should be chosen.

The experience in valuations in other countries is to determine the minimum price kèo nhà cái bet88 the asset (reservation price) at auction and choose a valuation method suitable for the type kèo nhà cái bet88 asset. For example, if it is real estate, it will be the market reference price in the area where the real estate is located.

Once there are clear and transparent principles and processes, equitization or divestment, if implemented, must ensure the interests kèo nhà cái bet88 the State and society. As for solutions in and the experience kèo nhà cái bet88 other countries, Vietnam can access these to learn and make adjustment based on to its own circumstances.