Vietnam plans to sell shares in 93 state-owned companies, including Vietnam Bank for Agriculture and Rural Development, Vietnam Posts & Telecommunications Group and Mobifone Corp by the end of 2020.
The government, which has struggled to meet its goal of privatizing state-owned companies, announced on its website yesterday it plans to sell as much as a 35% stake in Agribank, Vietnam National Coal & Mineral Industries Holding, Vietnam Northern Food and Minerals Co. Ltd.