SUBSCRIBERS
Vietnam Air IPO 'won't boost SOE sell-off drive'
Analysts also say share sale may not bring radical change in the company or the state sector more broadly
Add BT as a preferred sourcePublished Wed, Nov 12, 2014 · 09:50 PM
Hanoi
AFTER decades of speculation and multiple failed attempts, Vietnam Airlines' long-awaited initial public offering (IPO) is set for take-off on Friday, but experts say it is unlikely to boost the communist country's lacklustre privatisation drive.
The offer of shares in the "crown jewel" of the country's many state-owned enterprises (SOEs) is a symbolic milestone in a broader government plan to offload stakes in hundreds of companies.
Share with us your feedback on BT's products and services
