Prime Minister Nguyen Xuan Phuc at the event (Photo: VNA) Hanoi (VNA) – Prime Minister Nguyen Xuan Phucasked each State-owned group and corporation to become centre for innovationduring a conference in Hanoi on October 16.
They were also required to improve governance andcompetitiveness, and enhance human resources training.
The PM suggested they pay attention to investing insensitive areas relevant to national defence-security, making activecontributions to restructuring the economy, stabilising macro-economy andensuring national security.
State management agencies were assigned to review legaldocuments to further empower State-owned groups and corporations.
In particular, the centrally-run business bloc should focuson Party building and encourage talented staff, he added.
The leader admitted that the cooperation between the Commission for theManagement of State Capitalat Enterprises and ministries, agencies, localities, State-owned groups andcorporations remains limited. Up to 775 equitised firms have yet to list on securitiesmarkets while corruption in State enterprises remains, he pointed out.
Only 29percent of State-owned enterprises have been restructured, PM Phuc said, addingthat it is necessary to prevent losses in the process.
Deputy PrimeMinister and head of the Steering Committee for Enterprise Innovation andDevelopment Vuong Dinh Hue said 162 firms were equitised with a total value ofover 205 trillion VND (9.48 million USD) from 2016 to June 2019, or 108 percentof State capital value in equitised firms during the 2011 – 2015 period.
The totalrevenue from equitisation and divestment surpassed 218.2 trillion VND, morethan doubling the total in the past five years./.
They were also required to improve governance andcompetitiveness, and enhance human resources training.
The PM suggested they pay attention to investing insensitive areas relevant to national defence-security, making activecontributions to restructuring the economy, stabilising macro-economy andensuring national security.
State management agencies were assigned to review legaldocuments to further empower State-owned groups and corporations.
In particular, the centrally-run business bloc should focuson Party building and encourage talented staff, he added.
The leader admitted that the cooperation between the Commission for theManagement of State Capitalat Enterprises and ministries, agencies, localities, State-owned groups andcorporations remains limited. Up to 775 equitised firms have yet to list on securitiesmarkets while corruption in State enterprises remains, he pointed out.
Only 29percent of State-owned enterprises have been restructured, PM Phuc said, addingthat it is necessary to prevent losses in the process.
Deputy PrimeMinister and head of the Steering Committee for Enterprise Innovation andDevelopment Vuong Dinh Hue said 162 firms were equitised with a total value ofover 205 trillion VND (9.48 million USD) from 2016 to June 2019, or 108 percentof State capital value in equitised firms during the 2011 – 2015 period.
The totalrevenue from equitisation and divestment surpassed 218.2 trillion VND, morethan doubling the total in the past five years./.
VNA
