The information was released at a meeting on SOEs restructuring on February 14 in Ha Noi.
Minister of MARD Nguyen Xuan Cuong highlighted that equitization is an opportunity and a challenge for businesses.
He required that the equitization process has to follow transparent legal procedures to ensure the benefits of the State.
Besides equitization, State capital withdrawal at businesses will also be accelerated, he added.
In the first quarter of 2017, the ministry aims to complete capital divestment in four corporations.
Accordingly, the sector will withdraw capital worth VND2,190 billion in the phase from 2017-2020, including VND1,643 billion in 2017 only.
The ministry equitized 12 corporation and three science and technology businesses and is equitizing three businesses.
Source : http://news.chinhphu.vn/Home/Agriculture-sector-speeds-up-equitization-in-2017/20172/29811.vgp