Vietnam to launch 292 state co IPOs in 2015

Vietnam is on a two-year deadline to fast track the equitisation of its 432 government owned enterprises – a process that involves unloading or diluting the government’s stake  in a state corporations through IPO’s (initial public offers) where shares are auctioned or through private placements. Essentially, by the end of 2015, most of the state run industry will have private partnerships in place.