Deputy Prime Minister Truong Hoa Binh chairs the meeting in Hanoi on August 10 (Photo: VNA) Hanoi (VNA) - Deputy Prime Minister TruongHoa Binh chaired a meeting on August 10 to review draft decrees that amend andsupplement a number of Government decrees on equitising State-owned enterprises(SOEs) and divesting State capital from businesses.
To clear legal barriers and speed up the equitisationand divestment processes, the Government and Prime Minister assigned theMinistry of Finance to draft decrees amending and supplementing GovernmentDecrees No 126/2017/ND-CP, 91/2015/ND-CP, and 32/2018/ND-CP.
At the meeting, the Ministry of Finance proposedmeasures for land rearrangement and use during the SOE equitisation anddiscussed State capital divestment at enterprises with demand for increasing theircapital.
It also suggested clarifying cultural and historicalvalues in the initial price transfer of State capital, among other issues.
Binh directed the ministry to continue examining andadjusting the decrees to tackle obstacles related to financial mechanisms andpolicies.
Changes must be in line with the law on the managementand use of public assets, he said, stressing that SOEs work with localauthorities to set prices for public assets or return them to localities inline with the law, in the spirit of not letting assets on land go to waste.
Ninety-three SOEs must complete their equitisation bythe end of this year under Decision No 26/2019/QD-TTg issued by Prime MinisterNguyen Xuan Phuc in August 2019. Thirty-eight are based in HCM City and 13 inHanoi./.
VNA
