State-owned enterprises (SOEs) play a crucial role in the Vietnamese economy, with plans to increase charter capital by over 140 trillion VND spread across seven major companies to execute ‘super projects’. This capital increase aims to ease the funding challenges from credit institutions and enhance competitiveness in the international market. Notable projects include the Long Thanh Airport and the expansion of the Dung Quat oil refinery. Becamex IDC is conducting a public share offering to raise nearly 21 trillion VND, while Vietnam Airlines has received parliamentary approval to increase capital by up to 22 trillion VND to address debts and financial recovery. VEC is set to receive 38,251 trillion VND to improve finances and develop highway projects. Additionally, other conglomerates like Petrolimex, BSR, and TKV are proposing capital increases to secure energy sovereignty and expand production scale. These proposals are under review, contributing to economic recovery and growth in the upcoming period.
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