Deputy Prime Minister Nguyen Chi Dung has called for bold and strategic reforms to unlock the full potential of State-owned enterprises (SOEs), urging a clear shift in mindset and approach to governance, investment and development.

The combined revenue of 17 out of 19 groups and corporations under the Commission for the Management of State Capital at Enterprises was estimated at over VND892.16 trillion (US$38.05 billion) in the first half of this year, equivalent to 90% of the yearly target and up 27% year-on-year.

Deputy Prime Minister Truong Hoa Binh on August 6 requested the utmost effort from ministries, sectors, and State-owned enterprises (SOEs) to achieve the best result possible in equitising SOEs and divesting State capital from businesses.