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The National Board for Enterprise Development Renovation reported that more than 2,200 State-owned enterprises (SOEs) have been equitised to date, equivalent to 79 percent of the approved scheme on SOE restructuring, with a total registered capital of more than VND23,000 billion. About 123 such SOEs were equitised between 1992-1998, and 2,120 others between 1999- 2004.
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By the end of 2004, Electricity of Vietnam (EVN) had fulfilled the key targets of a five-year plan (2001-2005). Therefore, while implementing the five-year plan, EVN will gain certain advantages but will be able to encounter numerous challenges due to high demands for power use.
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