Prime Minister Nguyen Tan Dung recently approved a project for equitisation of the Vietnam Steel Corporation (VNSTEEL).
The equitisation will be conducted through selling part of the VNSTEEL’s State-owned property and issuing more stocks to increase the corporation’s charter capital.
The State will hold over 65% of the charter capital, according to the Office of Government’s recent document which conveys the PM’s opinion on the issue.
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