Ministry of Finance requests expediting equitization, divestment and restructuring of SOEs

VCN – To expedite the equitization, divestment and restructuring of SOEs, the Ministry of Finance proposes the head of the owner's representative agency implement equitization, divestment and restructuring of the State’s capital in enterprises under the plan approved by the Prime Minister, ensuring compliance with regulations, transparency and efficiency.
Ministry of Finance submits to the Government to amend regulations on invoices and documents Ministry of Finance submits to the Government to amend regulations on invoices and documents
Ministry of Finance proposes reduction of green tax on petroleum Ministry of Finance proposes reduction of green tax on petroleum
The Ministry of Finance requests to strengthen revenue loss prevention for trading and transfer of real estate The Ministry of Finance requests to strengthen revenue loss prevention for trading and transfer of real estate
Ministry of Finance requests expediting equitization, divestment and restructuring of SOEs
The Ministry of Finance issues an Official Dispatch to expedite the equitization, divestment and restructuring of SOEs. Photo: Internet.

The Ministry of Finance has issued Official Dispatch 6388/BTC-TCDN dated July 4 accelerating the equitization, divestment and restructuring of SOEs.

Accordingly, the Ministry of Finance has asked ministries, ministerial-level agencies, Governmental agencies, and People's Committees of provinces and centrally-run cities to perform tasks assigned in Decree 68/ND-CP, Decision 360/QD-TTg, Decision 22/2021/QD-TTg dated July 2, 2021 of the Prime Minister on the criteria for classifying SOEs and the enterprises with state capital, implementing ownership transformation, rearrangement and divestment for 2021-2025 and Official Letter 478/CD-TTg.

The ministry has also requested ministries and agencies to comply with Document 5899/BTC-QLCS dated June 22, 2022 on the review, rearrangement and handling of housing and land of SOEs.

The Ministry has asked the head of the owner's representative agency to direct economic groups, state corporations and SOEs to review and evaluate the results of enterprise restructuring, build, approve or submit to competent authorities for approval; to supervise the implementation of the SOE restructuring scheme for 2021 – 2025.

Report on the approval and results of the implementation of the Scheme of State-owned economic groups and corporations to the Ministry of Finance, the Ministry of Planning and the Steering Committee for Innovation and Enterprise Development in accordance with the Prime Minister's Decision 360/QD-TTg.

Implement the equitization and divestment of State capital in enterprises under the plan approved by the Prime Minister, ensuring compliance with regulations, transparency and efficiency.

The ministry has requested to identify the responsibilities of organizations and individuals, especially the head related to the delay or violation of regulations on equitization and divestment of state capital in enterprises, or in performing tasks; consider the performance of tasks and achievement of the arrangement, equitization, divestment and restructuring of SOEs as a criterion for evaluating the agencies, units, collectives and individuals.

The Ministry of Finance has also requested the head to report on the compliance of regulations on depository registration, transaction registration and listing on the stock market for equitized enterprises and send it to the Ministry of Finance every six months and annually submit to the Prime Minister.

In addition, promptly handle and propose solutions and report to competent agencies for removing problems in equitization, divestment and restructuring of SOEs.

By Hoai Anh/Ngoc Loan

Related News

Proactively forecast and carefully consider when to adjust prices

Proactively forecast and carefully consider when to adjust prices

VCN - In price management, the Government and the Ministry of Finance strongly require the implementation of solutions to stabilize market prices, along with public and transparent price declaration activities and not unreasonably increase prices of goods and services.
Ministry of Finance proposes seven solutions for combating tax evation for e-commerce

Ministry of Finance proposes seven solutions for combating tax evation for e-commerce

VCN - Vietnam e-commerce will reach US$30.5 billion in 2035 hence according to Minister of Finance Ho Duc Phoc, it will pose challenges to the management of tax, quality of goods, and anti-fraud.
Developing State budget estimates for 2025: carefully taking factors increasing, decreasing and shifting revenues into account

Developing State budget estimates for 2025: carefully taking factors increasing, decreasing and shifting revenues into account

VCN - The Ministry of Finance is developing a circular guiding the development of state budget estimates for 2025 and the 3-year state budget and financial plan for the 2025-2027 period; 5-year financial plan for the 2026-2030 period.
Ministry of Finance: Focusing on improving independent audits

Ministry of Finance: Focusing on improving independent audits

VCN - According to Minister of Finance Ho Duc Phoc, in recent times, the Ministry of Finance has focused on improving the quality of independent audits through training, inspection, and examination.

Latest News

Completing site clearance and accelerating disbursement of public investment in key transportation projects

Completing site clearance and accelerating disbursement of public investment in key transportation projects

VCN - By the end of April 2024, the total disbursed capital of nine important national projects in the transportation industry reached 17.6% of the assigned plan, reported by the Ministry of Finance.
Fed’s latest rate decision won

Fed’s latest rate decision won't have significant impact on Việt Nam

The dollar depreciation is also a good sign for Việt Nam’s import activities, with global raw material prices expected to decrease and inflationary fears for imports receding.
Enterprises expect the stock market to be upgraded by 2025

Enterprises expect the stock market to be upgraded by 2025

VCN - Vietnam is in the final stages of completing the remaining criteria for the stock market to be upgraded to an emerging market after nearly 10 years of starting the stock market upgrade process. According to assessments, the upgraded stock market to an emerging market will bring benefits in many aspects, especially in terms of reputation as well as the ability to attract foreign capital flows. Currently, enterprises are very hopeful about the market's upgrade ability in 2025.
Banks are ready to deploy biometric authentication

Banks are ready to deploy biometric authentication

VCN - According to Decision No. 2345/QD-NHNN dated December 18, 2023 of the State Bank, which will take effect from July 1, money transfer transactions over 10 million VND/time or over 20 million VND/day will require facial authentication. Accordingly, banks are urgently preparing to be ready to implement new regulations within the set deadline.

More News

Review the tax payment of sales livestream individuals

Review the tax payment of sales livestream individuals

VCN - The General Department of Taxation has just issued an official letter directing local tax departments to drastically manage e-commerce taxes and electronic invoices generated from cash registers.
13 cases subject to direct tax registration with Tax authority

13 cases subject to direct tax registration with Tax authority

VCN – The Ministry of Finance collects comments on a draft Circular guiding tax registration to replace Circular 105/2020/TT-BTC. According to the draft, if the National Population Database
Digitizing the process, banks actively lend online

Digitizing the process, banks actively lend online

VCN - Many banks promote online lending to save time and costs for both parties and creating conditions to promote credit growth.
The finance sector

The finance sector's firm stance on combating tax evasion in e-commerce

VCN - Addressing and clarifying some opinions raised by National Assembly deputies during the questioning session on issues related to the commerce and industry sectors on the afternoon of June 4, Minister of Finance Ho Duc Phoc stated that in the coming period, the finance sector would rigorously enforce tax collection on e-commerce to ensure fairness in the fulfillment of taxpayers' obligations.
Total State revenue managed by Tax sector is estimated at VND767,415 billion

Total State revenue managed by Tax sector is estimated at VND767,415 billion

VCN – The total state revenue in the first five months of 2024 managed by the Tax authority is estimated at VND 767,415 billion, meeting 51.6% of the target and 114.9% year-on-year.
Tax sector cooperate with Police agency to prevent fraud of tax invoice

Tax sector cooperate with Police agency to prevent fraud of tax invoice

VCN - Over the years, the acts of law violation on electronic tax invoices took place complicatedly with many different tricks. To prevent fraud, the tax sector has applied several drastic measures, including strengthening cooperation with the Police agency.
Over 4.49 billion USD raised through G-bond auctions in five months

Over 4.49 billion USD raised through G-bond auctions in five months

The State Treasury mobilised more than 127 trillion VND (4.49 billion USD) from G-bond auctions on the Hanoi Stock Exchange (HNX), or 31.76% of the annual plan.
Five-month budget revenue reached half of the whole year 2024 revenue estimate

Five-month budget revenue reached half of the whole year 2024 revenue estimate

VCN - According to the Ministry of Finance, in May 2024, total state budget revenue is estimated to reach VND150.9 trillion. In the first five months of 2024, total budget revenue is estimated to reach VND898.4 trillion, equal to 52.8 percent of the estimate.
Bank savings of individual customers recover while institutional savings decline

Bank savings of individual customers recover while institutional savings decline

Deposits of individual customers at banks have increased again since February this year, after declining in January, the latest statistics from the State Bank of Vietnam (SBV) showed.
Read More

Your care

Latest Most read
Completing site clearance and accelerating disbursement of public investment in key transportation projects

Completing site clearance and accelerating disbursement of public investment in key transportation projects

VCN - By the end of April 2024, the total disbursed capital of nine important national projects in the transportation industry reached 17.6% of the assigned plan, reported by the Ministry of Finance.
Fed’s latest rate decision won

Fed’s latest rate decision won't have significant impact on Việt Nam

The dollar depreciation is also a good sign for Việt Nam’s import activities, with global raw material prices expected to decrease and inflationary fears for imports receding.
Enterprises expect the stock market to be upgraded by 2025

Enterprises expect the stock market to be upgraded by 2025

Vietnam is in the final stages of completing the remaining criteria for the stock market to be upgraded to an emerging market after nearly 10 years of starting the stock market upgrade process.
Developing State budget estimates for 2025: carefully taking factors increasing, decreasing and shifting revenues into account

Developing State budget estimates for 2025: carefully taking factors increasing, decreasing and shifting revenues into account

VCN - The Ministry of Finance is developing a circular guiding the development of state budget estimates for 2025 and the 3-year state budget and financial plan for the 2025-2027 period; 5-year financial plan for the 2026-2030 period.
Ministry of Finance proposes seven solutions for combating tax evation for e-commerce

Ministry of Finance proposes seven solutions for combating tax evation for e-commerce

Vietnam e-commerce will reach US$30.5 billion in 2035 hence according to Minister of Finance Ho Duc Phoc, it will pose challenges to the management of tax, quality of goods, and anti-fraud.
Mobile Version