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Strengthening Support for State-Owned Enterprise Reform and Corporate Governance Facilitation Program :  Viet Nam,Soc Rep of :Go to Project Summary

Strengthening Support for State-Owned Enterprise Reform and Corporate Governance Facilitation Program :  Viet Nam,Soc Rep of

Timetable  |  Financing Plan and TA Utilization


TA Name Strengthening Support for State-Owned Enterprise Reform and Corporate Governance Facilitation Program
Country Viet Nam,Soc Rep of
TA Number 8016
Project Number 39538- 05
Source of Funding/Amount[Approved]
Technical Assistance Special Fund US$1.20  million
Thematic Classification Economic growth
Private Sector Development
Governance
Capacity Development
Description This TA aims to provide support to the MOF and other implementing agencies in this regard through support for the refinement of the institutional and policy framework to allow for an effective generalizable approach to SOE restructuring and reform, drawing on lessons learned from the implementation of the pilot restructurings under the MFF.
Outcome Progress Toward Outcome
Equitization and transformation of 2 GCs will be completed.
Outputs and Timeframe Status of Implementation Progress (Outputs, Activities and Issues)
The proposed project will support the transformationof 2 GCs through a comprehensive package involving corporate restructuring, management restructuring, debt restructuring and financial strengthening, and enhanced corporate governance. This will enable the participating GCs in the SRCGFP to exploit both economies of scale and of scope by merging several small joint stock subsidiary companies in each GC into larger entities organized along same lines of business; combined with divesting disparate non-core business units.
Responsible ADB Officer Prasanna Kumar Jena
Responsible ADB Department Southeast Asia Department
Responsible ADB Division Public Management, Financial Sector, & Trade Division, SERD
Timetable
Concept Clearance 28 Oct 2011
Fact-finding 12 Dec 2011 to 29 Dec 2011
Approval 22 Dec 2011
Financing Plan / TA Utilization Top TA Amount
ADB Others Gov Total Approved Amount Revised Amount
$1,200,000.00 $0.00 $0.00 $1,200,000.00
 Total Commitment Uncommited Balance Total Disbursement Undisbursed Balance
$54,700.00 $1,145,300.00 $12,478.12 $1,187,521.88
2008 Asian Development Bank

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