Ten SOEs to have equity of over $5bln by 2025
A target has been set of there being at least 25 State-owned enterprises (SOEs) with equity or capitalization on the stock market in excess of $1 billion, of which ten are to have over $5 billion.
Stock market an important capital channel
Through many ups and downs, Vietnam’s stock market has played an important role as a capital channel for the economy in the 22 years of its establishment. A key highlight has been the strong growth in market capitalization. According to forecasts, the stock market will be upgraded to emerging market status in 2024 and will attract $10 billion in investment.