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Mekong Enterprise Fund invests in garment company

The Mekong Enterprise Fund in April 2005 invested a total of US $1.85 million in Minh Hoang Garment Joint Stock Company. This is the eighth company into which the Mekong Enterprise Fund has invested since its launch in April 2002.

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SOE equitisation needs swift changes in 2005

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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Power sector facing great challenges ahead

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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