The implementation of strategies and plans and the progress ofinvestment projects, as well as violations committed by State-ownedenterprises (SOEs), must be reported regularly to ministries andprovincial authorities in charge.
This reminder served as a keypoint of Decree 115/2014, which will come into effect on January 20 nextyear. The proclamation aims to regulate the inspection procedures withrespect to the implementation of the appropriate 10-year strategies andfive-year plans of SOEs with State holdings of 100 percent chartercapital.
Accordingly, governing ministries and provinces mustkeep a close watch on the implementation of SOEs. In addition, theofficials in charge will be required to report to the Ministry ofPlanning and Investment before the designated deadlines.
Reportsmust be issued in the sixth year of the 10-year strategies, the thirdyear of the five-year plans and within 90 days after the completion ofthe strategies or plans.
Reports must cover the results andprogress, as well as an evaluation of the shortcomings or violationsduring the implementation of the strategies or plans.
Annually,the governing ministries and provinces must check on severalenterprises, especially those under special financial supervision. Theymust also inspect the performance of those that play important roles inregulating the market, ensuring social security and contributing largelyto the State budget. The designated officials must also scrutiniseenterprises that fail to submit complete reports.
The decree alsoincluded provisions regulating the administration procedures of theinspections and checkups of the implementation of strategies and plansof SOEs with State holdings of more than 50 percent of charter capital.
Thisdecision aims to ensure that SOEs implement their assigned strategiesand plans efficiently, as well as tackle problems effectively andprevent violations strictly.-VNA
This reminder served as a keypoint of Decree 115/2014, which will come into effect on January 20 nextyear. The proclamation aims to regulate the inspection procedures withrespect to the implementation of the appropriate 10-year strategies andfive-year plans of SOEs with State holdings of 100 percent chartercapital.
Accordingly, governing ministries and provinces mustkeep a close watch on the implementation of SOEs. In addition, theofficials in charge will be required to report to the Ministry ofPlanning and Investment before the designated deadlines.
Reportsmust be issued in the sixth year of the 10-year strategies, the thirdyear of the five-year plans and within 90 days after the completion ofthe strategies or plans.
Reports must cover the results andprogress, as well as an evaluation of the shortcomings or violationsduring the implementation of the strategies or plans.
Annually,the governing ministries and provinces must check on severalenterprises, especially those under special financial supervision. Theymust also inspect the performance of those that play important roles inregulating the market, ensuring social security and contributing largelyto the State budget. The designated officials must also scrutiniseenterprises that fail to submit complete reports.
The decree alsoincluded provisions regulating the administration procedures of theinspections and checkups of the implementation of strategies and plansof SOEs with State holdings of more than 50 percent of charter capital.
Thisdecision aims to ensure that SOEs implement their assigned strategiesand plans efficiently, as well as tackle problems effectively andprevent violations strictly.-VNA
