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    Home»Vietnam»Government continue to own 65 pct stake in banks, airport operators
    Vietnam

    Government continue to own 65 pct stake in banks, airport operators

    Miley SelenaBy Miley SelenaJuly 8, 2021No Comments1 Min Read
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    • The government will retain a minimum ownership of 65 percent in state-owned banks and airport operators that privatize from now through 2025.
    • More stories at Vietnam Insider’s homepage.

    It will keep a similar rate in large mining companies.

    The rates will be 50-65 percent in airlines and water utilities, basic chemical production and fuel importing companies.

    But companies that have a bearing on national security, such as landmine producers and map makers, will not be privatized.

    Others where it will continue to own 100 percent are power transmission and national grid management, currency printing and gold bullion production.

    By Vnexpress.

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    Vietnam Insider

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