Prime Minister Pham Minh Chinh addresses the meeting (Photo: VNA) Opening the meeting, PM Chinh said that renovating andenhancing the efficiency of SOEs has been defined as one of the key tasks ofthe administration at all levels and all sectors.
SOEs should perform the key position and act as an importantforce of the State-owned economic sector, making important contributions tomaintaining macro-economic stability and promoting socio-economic development,he underlined.
The Government leader hailed efforts by the businesscommunity in general and SOEs in particular in overcoming difficulties andchallenges to make contributions to the national construction and defence.
He noted that in the first eight months of this year,despite impacts from the world situation, the country maintained an uptrendin socio-economic development, with all major balances ensured.
In the period, State budget collection reached 69.4% of theyearly estimate, while public debts, Government debts and foreign debts as wellas State budget over-expenditure were kept under good control, he said, addingthat the country enjoyed a trade surplus of 20.2 billion USD.
However, the economy has still faced many risks as well asdifficulties due to inflation pressure and shrinking export markets, hestressed.
An overview of the meeting (Photo: VNA) PM Chinh said that currently, the country has nearly 680SOEs with a total asset value of 3.8 quadrillion VND (157.08 billion USD), including1.7 quadrillion VND of State budget. But he pointed out that the enterprises haveyet to fulfil their role and mission.
He asked participants to focus on evaluating the operations ofSOEs and identifying reasons behind their weaknesses. The PM alsoasked ministries, sectors and localities to listen to the firms’ opinions andseek solutions to remove difficulties facing them, especially inmanufacturing-processing industry.
The Government leader asked SOEs to optimise development opportunitiesbrought about by the Party Central Committee’s resolution on the renovation andimprovement of SOE performance, as well as the elevation of the Vietnam-USrelations, and growing partnerships between Vietnam and partners suchas the EU, Japan, the Republic of Korea, and ASEAN member countries.
According to a report by the Ministry of Planning andInvestment, as of the end of 2022, Vietnam had 478 enterprises with 100% of charter capital held by the State and 198 others having State investment.
In the first six months of 2023, total revenue generatedfrom SOE business and production activities hit 580.5 trillion VND, equivalentto 53.7% of the yearly target and representing 4% rise year on year. SOEs withstrong performance in the period include Vietnam Oil and Gas Group (Petrovietnam),Vietnam Electricity (EVN), Vietnam National Coal and Mineral Industries Group (Vinacomin),Vietnam National Petroleum Group (Petrolimex), Vietnam Posts andTelecommunications Group (VNPT) and Mobifone./.
In the period, State budget collection reached 69.4% of theyearly estimate, while public debts, Government debts and foreign debts as wellas State budget over-expenditure were kept under good control, he said, addingthat the country enjoyed a trade surplus of 20.2 billion USD.
However, the economy has still faced many risks as well asdifficulties due to inflation pressure and shrinking export markets, hestressed.
An overview of the meeting (Photo: VNA) He asked participants to focus on evaluating the operations ofSOEs and identifying reasons behind their weaknesses. The PM alsoasked ministries, sectors and localities to listen to the firms’ opinions andseek solutions to remove difficulties facing them, especially inmanufacturing-processing industry.
The Government leader asked SOEs to optimise development opportunitiesbrought about by the Party Central Committee’s resolution on the renovation andimprovement of SOE performance, as well as the elevation of the Vietnam-USrelations, and growing partnerships between Vietnam and partners suchas the EU, Japan, the Republic of Korea, and ASEAN member countries.
According to a report by the Ministry of Planning andInvestment, as of the end of 2022, Vietnam had 478 enterprises with 100% of charter capital held by the State and 198 others having State investment.
In the first six months of 2023, total revenue generatedfrom SOE business and production activities hit 580.5 trillion VND, equivalentto 53.7% of the yearly target and representing 4% rise year on year. SOEs withstrong performance in the period include Vietnam Oil and Gas Group (Petrovietnam),Vietnam Electricity (EVN), Vietnam National Coal and Mineral Industries Group (Vinacomin),Vietnam National Petroleum Group (Petrolimex), Vietnam Posts andTelecommunications Group (VNPT) and Mobifone./.
VNA
