Prime Minister Nguyen Xuan Phuc has asked for the clarification of responsibilities of organisations and individuals in delaying the equitisation of state-owned enterprises (SOEs).
Prime Minister Nguyen Xuan Phuc at the event (Source: VNA)
During a meeting in Hanoi on November 21, PM Phuc said SOEs working in seaports, airports, electricity, national defence-security, telecommunications, rubber, and oil and gas, as well as four major State-run banks will be not subject to equitisation.
The number of SOEs has been reduced from over 12,000 to below 600 so far, contributing to stabilising the macro-economy and increasing revenues to the State budget.
Attributing corruption and negative behaviour in corporations, ministries, agencies and localities to lax state management, he asked executives of SOEs and corporations to renew operations and seriously abide by the law.
The restructuring, equitisation and divestment of SOEs should be open, transparent and in accordance with market principles, he said.
Ministries and agencies were required to collect feedback from SOEs and corporations and submit amendments to regulations on evaluating the values of land-use rights; equitised businesses; divestment; equitisation; financial management; salaries; business registration; and the rights and responsibilities of corporate leaders, equity owners, and state management agencies.
Delayed divestment cases will be transferred to the State Capital Investment Corporation before the end of this year.
The PM assigned the Ministry of Finance and the Government Office to acquire suggestions at the event to refine the draft directive on accelerating the restructuring and renewal of SOEs, equitisation, and divestment to submit to him for consideration.
According to the plan approved by the PM, at least 85 SOEs must complete equitisation this year. However, only 12 of them were equitised as of November 18, 2018.
Only 31 units have conducted divestment activities, compared to the targeted 135 for 2017 and 181 for 2018.
Meanwhile, only 35 out of the 526 SOEs had their restructuring plans approved by authorities as of late November.
(HBO) - HoaBinh province’s Red Cross Association on June 23 held its sixth congress for the 2022 – 2027 tenure. Attending the event were Ngo Van Tuan, Secretary of the provincial Party Committee; Bui Van Tinh, former Secretary of the provincial Party Committee and Honourary President of the association in the 2017-2022 term; Huynh Thi Xuan Lam, Vice President of the Vietnam Red Cross Society (VRC) Central Committee, among others.
(HBO) – On June 11, 1948, President Ho Chi Minh called on the entire nation to join a patriotic emulation movement to overcome hunger and illiteracy, and fight against foreign invaders.
(HBO) – The serious implementation of Resolution No. 04-NQ/TW of the 12th Party Central Committee in Cao Phong district has helped create clear changes in the awareness and actions of cadres and party members, according to Nguyen Thanh Binh, head of the organisation board of the Cao Phong district Party Committee. Binh said, the leadership capacity and fighting strength of Party organisations and Party members in the district have been strengthened, contributing to the district's success in performing the set tasks.
HBO – Cao Phong district of Hoa Binh province has been focusing on developing human resources to provide all conditions for its further growth. It was one of the three strategic breakthrough tasks the district’s Party organsation has pursued since the 2015 – 2020 term. It will continue receiving much attention in this term until 2025.
(HBO) - With many synchronous solutions, Hoa Binh city is leading other localities in the province in providing online public services at levels 3 and 4. The number of people and the enterprises accessing and using public servicesn and the number of dossiers received and processed through public services improved markedly improved.
(HBO) – The resolution of the 28th Party Congress for the 2020 - 2025 tenure of An Binh commune (Lac Thuy district) set 24 targets and focal tasks, including continuing to improve the local Party organisation’s leadership and combatant capacity; tightening discipline and stepping up administrative reforms; bettering the administration’s performance; bringing into play the strength of the great national solidarity; and mobilising every resource for achieving fast, comprehensive, and effective economic - cultural - social development so that An Binh will meet advanced new-style rural area criteria by 2025.