VOV.VN - Vietnam aims for at least 8% GDP growth in 2025 as a stepping stone toward double-digit expansion, with state-owned enterprises (SoEs) expected to lead in innovation, digital transformation, and global integration.

The restructuring of state-owned corporations and enterprises must follow the spirit of “placing national interests above all else” to ensure that state capital is managed and developed optimally, serving national development in the new era, said Prime Minister Pham Minh Chinh.

Deputy Prime Minister Ho Duc Phoc has called for stronger efforts to complete the restructuring projects of State-owned enterprises (SOEs) for approval within the first quarter of this year.

Six State–owned enterprises (SOEs) with a total State stake of VND800 trillion (US$31.5 billion) will be transferred back to the Ministry of Industry and Trade (MoIT) after six years under the management of the Commission for the Management of State Capital at Enterprises (CMSC).

A seminar has been held in the US to connect businesses of Vietnam and the US, as well as seek cooperation opportunities in the fields of energy, manufacturing, insurance and finance.

The Commission for Management of State Capital at Enterprises (CMSC), in collaboration with the Vietnam Trade Office in Canada and the Export Development Canada (EDC), organised a seminar in Toronto on August 14 to connect the two countries’ businesses and seek cooperation opportunities in energy, production, and finance.

The Government earned over VND149 billion (US$5.93 million) from capital divestment at four State-owned enterprises during January – July, the Ministry of Finance (MoF) said on August 12.

Prime Minister Pham Minh Chinh requested that State-owned enterprises (SOEs) play the pioneering role in innovation, application and mastery of science and technology in the Industry 4.0, and in international integration and effective foreign investment while meeting with executives from over 150 major SOEs on June 15.

National Assembly Chairman Vuong Dinh Hue attended a Vietnam - China seminar on State-owned enterprises (SoE) reform and management of state capital at enterprises in Beijing on April 9.

VOV.VN - Prime Minister Pham Minh Chinh has affirmed that the Party, State and people are always the fulcrum, believe in Vietnamese businesses and entrepreneurs’ development, and join hands to fulfil the task of national construction and protection.