Financial Times FT.com

Dollar under pressure

Hanoi signals resumption of state sell-offs

By Tim Johnston in Bangkok

Published: January 5 2010 23:05 | Last updated: January 5 2010 23:05

Vietnam appears ready to restart its privatisation drive after the government signalled it was preparing to sell two of the largest state-owned enterprises.

Nguyen Tan Dung, the prime minister, earmarked Petrolimex, the largest fuel importer and distributor, and Vietnam Steel Corp, the steelmaker, as the next candidates, but did not give a timetable.

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