Deputy Minister of Finance Huynh Quang Hai has called for continuing to review existing policies to promptly identify difficulties in the equitisation of and divestment from State-owned enterprises (SOEs), stepping up enterprise renovation and raising a sense of responsibility in State management of the field.

The Commission for the Management of State Capital at Enterprises (CMSC) has completed the settlement of 233 out of 259 cases transferred from ministries, including 44 handled in 2020, heard a conference in Hanoi on January 11.

The Ministry of Planning and Investment has proposed special policies for large State-owned enterprises (SOEs) to make them spearheads in key industries of the economy.

State-owned enterprises (SOEs) must push up digital transformation to improve their competitiveness and operation efficency, Chairman of the Committee for Management of State Capital at Enterprises (CMSC) Nguyen Hoang Anh said.

The Ministry of Finance (MoF) has said the supervision of financial results from State-owned enterprises (SOEs), carried out by the Committee for Management of State Capital at Enterprises, (or Super Committee) was “very slow”.

The number of bankrupt state-owned enterprises (SOE) in reality is low, and is not commensurate with the number of private enterprises in bankruptcy.

Despite numerous efforts of the Government in speeding up the equitisation of State-owned enterprises, some ministries, sectors, localities and economic groups have showed ineffective performance in the work, thus slowing down the progress of the scheme.

Exports by Ho Chi Minh City companies in the first eight months of the year reached 28.4 billion USD, a 4 percent increase year-on-year, according to the municipal Department of Industry and Trade.

Deputy Prime Minister Truong Hoa Binh chaired a meeting on August 10 to review draft decrees that amend and supplement a number of Government decrees on equitising State-owned enterprises (SOEs) and divesting State capital from businesses.