Thursday, August 17, 2017 - 0:43:58

16 more state-owned enterprises re-organised

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In the first five months of 2013, 16 more state-own enterprises (SOEs) have been re-organised under a project to re-arrange and renovate SOEs for the 2011-2015 period.

This was announced at a meeting held by the Steering Committee on Corporate Renovation and Development in Hanoi on May 27.

Among the 16 SOEs, 10 businesses were equitised, 5 others were merged and one new business was established.

Last year, 22 SOEs were rearranged under the project.

By April 2013, the Prime Minister has approved 99 out of 101 projects on SOEs rearrangement and renovation submitted by ministries and branches, localities and businesses, the committee said in a report presented at the meeting.

By May 20, the Prime Minister has also adopted 17 out of 21 reform projects submitted by State-owned groups and corporations, including Vietnam National Textile Garment Group, Vietnam National Oil and Gas Group, Vietnam Electricity Group, Vietnam Rubber Group, and Vietnam Airlines Corporation, among others.

Addressing the gathering, Deputy Prime Minister Vu Van Ninh, who is the head of the committee, noted that the building of mechanisms and policies on re-organising SOES is lagging behind schedule.

He also urged those SOES that already have their re-arrangement plans approved by the Prime Minister, to speed up the work.-VNA
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