State capital manager urged to root out corruption hinh anh 1Prime Minister Nguyen Xuan Phuc (L) presents the decision to appoint Nguyen Hoang Anh to the post of chairman of the special committee to manage State capital at enterprises. (Photo: VNA)

Hanoi (VNA) – The committee for management of state capital at enterprises must join hands with relevant agencies to chalk out concrete measures to prevent corruption, losses and waste, said Prime Minister Nguyen Xuan Phuc.

The Government leader made the call at a ceremony on February 12 to hand out a decision to appoint Nguyen Hoang Anh, former Secretary of Cao Bang province Party Committee, to the post of chairman of the special committee to manage State capital at enterprises.

He laid stress on the committee’s two key long term tasks, which are bolstering equitisation and divestment of state capital and improving capacity and efficiency of state-owned enterprises, especially large corporations.

The privatisation process must follow the principles of publicity and transparency as well as bringing the greatest benefit to the state, Prime Minister Phuc said, noting that due attention must be given to the fight against vested interests and corruption in every phase of the equitisation process.

The Prime Minister also required the committee to exercise its power in monitoring and inspecting the operation of enterprises under its management.

Anh, for his part, promised to do his utmost to fulfill the mission entrusted by the Party and Government. He also presented some specific measures which will be carried out in 2018 and the following years to tackle corruption, a headache issue in the country for years.

Earlier, on February 8, Prime Minister Nguyen Xuan Phuc signed a decision to appoint Anh as the head of the state capital management body.

The Government issued Resolution 09/NQ-CP in early February to set up the special committee as an agency under the Government that acts as the ownership representative of State capital at wholly State-owned enterprises and at joint stock and liability companies with two or more members.

The committee has a legal status, seal with the national emblem and an account opened at the State Treasury.

Nguyen Hoang Anh holds a master’s degree in world economy and international economic relations and a bachelor’s degree in political theory. He held the post of Secretary of Cao Bang province Party Committee from March 2015 to December 2017 before assuming the new role in the State capital management committee.-VNA