The Ministry of Industry and Trade (MoIT) has reported some positive signs in the handling of 12 major State-owned projects that have long reported losses, as some have managed to resume operations after suspensions or even record profits.
The function of the Committee for the Management of State Capital at Enterprises (CMSC) is not trading State capital but to organise and develop State capital, said Deputy Prime Minister Vuong Dinh Hue.
Deputy Prime Minister Vuong Dinh Hue has highlighted remarkable results of Vietnam's economic development in 2018 and made positive forecasts for the national economic growth in 2019 in an interview recently granted to the Vietnam News Agency.
Prime Minister Nguyen Xuan Phuc asked accountability to be enhanced in the restructuring and divestment of State-owned enterprises (SOEs) to improve the efficiency of the process.
An Phat Holdings JSC (APH), An Son Textile Fiber JSC and PetroVietnam’s Petrochemical and Textile Fiber Joint-Stock Company (PVTEX) officially introduced the new AnPoly yarn at Dinh Vu polyester fibre plant on November 16.
Legislators continued to question members of the Government about pressing issues within their remit on October 31, part of the ongoing sixth session of the 14th National Assembly (NA).
The 14th National Assembly will continue with the question-and-answer session on October 31, the second day of this kind of work, as part of its ongoing sixth plenum.
The country’s export turnover this year could reach 239 billion USD, increasing 11.2 percent from last year, said Deputy Minister of Industry and Trade Do Thang Hai.
The Ministry of Industry and Trade (MoIT) has reported some positive signs in handling 12 major loss-making projects, as some of them have managed to resume operation in the context of no more rescue capital from the State budget.
The wrongdoings in State-owned Mobifone’s acquisition of the Audio Visual Global Joint Stock Company (AVG) are attracting public attention, with wide expectations that the case should be handled strictly and lost State asset must be recovered.
The Government will not use public funds to rescue 12 loss-making projects under the jurisdiction of the Ministry of Industry and Trade, Deputy Prime Minister Vuong Dinh Hue said.
Vietnam’s export-import exceeded 420 billion USD for the first time in 2017, of which export recorded the highest growth of 21.1 percent over the past seven years with 29 commodities joining the one billion USD club.
Prime Minister Nguyen Xuan Phuc handed over the decision on the appointment of new Chairman of the Member Council of the Vietnam National Oil and Gas Group (PetroVietnam) to Tran Sy Thanh, member of the Communist Party of Vietnam Central Committee (CPVCC) and former Secretary of the Lang Son province Party Committee.
Vietnam expects to earn more than 212 billion USD from exports this year, much higher than 176 billion USD last year, said head of the Ministry of Industry and Trade (MoIT)’s Planning Department.
Lawmakers continued their discussions on the implementation of the socio-economic development plan and state budget in 2017, as well as orientations and measures for 2018 on November 1 as part of the ongoing fourth sitting of the 14th National Assembly.
The Prime Minister recently issued a decision outlining solutions for loss-making projects under the management of the Ministry of Industry and Trade. The aim is to turn them into efficient projects by 2020, at the latest, or let them be dissolved.
The Government plans to establish a special agency to act as the ownership representative of State capital at State-owned enterprises by 2018.
The Party, the Government and political apparatus as a whole is committed and determined to fight corruption, said Minister - Chairman of the Government’s Office Mai Tien Dung.
