The World Bank is promoting privatization. “[World Bank Country Director] Mr. Ousmane Dione said he and other officials of the World Bank would continue discussing with ministries and sectors of Vietnam over issues related to legal representatives on behalf of state stakes at certain firms, privatization of SOEs and will submit detailed proposals to the government of Vietnam. For his part, DPM Hue said that leaders of ministries, sectors had working sessions with Mr. Dione and other senior officials of the World Bank to discuss the government’s scheme on renovation of SOEs.” [Vietnam News Brief Service, 14 December 2016]