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

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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.