7:47 AM, 20/04/2011

VNSTEEl to be equitized

VGP –  PM Nguyễn Tấn Dũng recently approved a project for equitization of the Việt Nam Steel Corporation (VNSTEEL).

The equitization 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.

By Hải Minh

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