The Ministry of Finance in Vietnam plans to privatize 367 state-owned enterprises by 2015 (as many as 93 SOEs this year). The privatization process is slower than hoped because of the government’s rule that SOEs cannot sell stakes to investors at prices below the SOE’s book value. Government officals are asked to consider allowing more autonomy for SOE’s to accept investor offers at market value instead of book value.
Offering best practices to enhance our public assets through stewardship of our urban future using government, technology and private sector collaboration.