Government conference examines State-owned enterprise operations

VOV.VN - Prime Minister Pham Minh Chinh presided over a Government conference with representatives of State-owned enterprises (SOEs) in Hanoi on September 14 to examine their operations and work towards solutions aimed at boosting production and development investment.

In his speech, Chinh affirmed that SOEs form the backbone of the national economy in Vietnam, making an important contribution to stabilising the macroeconomy and promoting socio-economic development.

He noted over the past few months the business community in general and SOEs in particular have made constant efforts to overcome difficulties and challenges and maintain production amid regional and global complications.

The PM went on to highlight major socio-economic development gains, but also pointed out several challenges lying ahead, including inflationary pressure, the shrinking of export markets, slow disbursement of public investment, and slow progress of the national socio-economic development and recovery programme.

In order for SOEs to truly become an important driving force for the state economy, he requested that participating delegates make an in depth analysis of SOE operations, including their achievements and shortcomings and obstacles, whilst also devising solutions to improve the efficiency of their operations.

According to the Government leader, amid the current context it is necessary to focus on promoting the three growth drivers of investment, export, and consumption; continue to strengthen the agricultural and service sectors; and revive the industrial sector.

More efforts are needed to ramp up processing and manufacturing, solve market difficulties, and overcome supply chain disruptions, he stressed.

He also underlined the necessity of clarifying the role and position of SOEs at present closely linked to the ongoing SOE restructuring scheme, as well as high-level agreements recently reached between Vietnam and other countries, including China and the United States, so as to realise the Party Central Committee’s 12-NQ/TW Resolution issued in 2017 regarding continuing to restructure, innovate, and improve the efficiency of State-owned enterprises.

At present, Vietnam boasts nearly 680 SOEs, accounting for nearly 6% of the total number of enterprises nationwide, but holding a large amount of assets of more than VND3,800 trillion.

The conference was attended by leaders of relevant ministries and agencies, State economic groups and corporations, along with State commercial banks. It was virtually connected to 63 cities and provinces across the country, drawing the participation of local leaders and representatives of SOEs.

Ahead of the meeting, participating delegates observed a moment of silence to commemorate victims of the tragic mini apartment building fire in Hanoi and flash floods in Lao Cai province recently.

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