Cooperate to build leading and "rich in vitality" state-owned enterprises

Cooperate to build leading and "rich in vitality" state-owned enterprises

VCN - In Vietnam, the contribution ratio of state-owned enterprises (SOEs) to GDP is approximately 30% but their competitiveness is not commensurate with the resources they hold, and many SOEs operate ineffectively.
New solutions should be provided for equitization and restructuring of state-owned enterprises

New solutions should be provided for equitization and restructuring of state-owned enterprises

VCN - The Ministry of Finance recognized that the equitization, divestment, and restructuring of state-owned enterprises still see slow progress and do not meet the plan assgigned by the Prime Minister.
Prime Minister: State-owned enterprises continue to lead, pave the way, and pioneer in innovation

Prime Minister: State-owned enterprises continue to lead, pave the way, and pioneer in innovation

VCN - Appreciating the role of state-owned enterprises (SOEs), the Prime Minister requested to continue promoting their role of paving the way and leading; SOEs need to be a pioneering force, leading in innovation and economic restructuring...
The Prime Minister instructed state-owned enterprises to exceed assigned business targets

The Prime Minister instructed state-owned enterprises to exceed assigned business targets

VCN - Prime Minister Pham Minh Chinh has just signed Directive 07/CT-TTg on innovating governance, improving production and business efficiency and strongly promoting investment and development of corporations and state-owned enterprises (SOEs).
Proposing for state-owned enterprises to divest capital from loss-making enterprises

Proposing for state-owned enterprises to divest capital from loss-making enterprises

VCN - The Ministry of Finance is proposing to amend regulations on removing obstacles for enterprises in which the State holds more than 50% of charter capital in the direction of building a legal basis for these enterprises to divest capital from other e
Proposal for state-owned enterprises to divest capital from loss-making enterprises

Proposal for state-owned enterprises to divest capital from loss-making enterprises

VCN - According to the draft report submitted to the Government on the Decree amending Decree 91, the Ministry of Finance said that the Committee for Management of State Capital at Enterprises and Airport Corporation - Joint Stock Company (ACV) have had O
Enhancing the brand value of state-owned enterprises thanks to investing abroad

Enhancing the brand value of state-owned enterprises thanks to investing abroad

VCN - In a report to the National Assembly, the Government said that by the end of 2022, there were 30 State enterprises and state-owned enterprises investing abroad directly or indirectly through subsidiaries level 1 and level 2.
State-owned enterprises adjusting end-of-year business plans

State-owned enterprises adjusting end-of-year business plans

VCN - By the end of 2022, Vietnam had about 478 State-owned enterprises (SOEs) with 100% charter capital held by the State, and around 198 SOEs with controlling stakes held by the State. As of June 30, 2023, the total revenue of SOEs nationwide reached ne
What is the potential of 827 state-owned enterprises?

What is the potential of 827 state-owned enterprises?

VCN - According to the report on investment activities, management and use of state capital at enterprises nationwide sent by the Government to the National Assembly before the 6th session of the 15th National Assembly, pre-tax profits in 2022 of 827 ente
Removing difficulties for delayed projects of state-owned enterprises

Removing difficulties for delayed projects of state-owned enterprises

VCN - The Committee for Management of State Capital at Enterprises had many working sessions, giving directions to restore operations for projects and enterprises that are still in difficulty.
Positive changes in outward investment of state-owned enterprises

Positive changes in outward investment of state-owned enterprises

VCN - In 2021, many offshore investment projects of SOEs and state-owned enterprises recorded high revenue and profits compared to 2020, however, there are still cases that suffer from incurred losses.
Outward investment of SOEs sees positive changes

Outward investment of SOEs sees positive changes

VCN - The outward investment of state-owned enterprises (SOEs) is not entirely directly invested by the parent company, but mainly through subsidiaries. In 2021, many outward investment projects of SOEs and enterprises with state capital recorded a surge
Governance innovation - an important factor for effective restructuring of state-owned enterprises

Governance innovation - an important factor for effective restructuring of state-owned enterprises

Although corporate governance at state-owned enterprises (SOEs) has made remarkable progress, there are still many shortcomings, limitations and challenges.
Transforming the growth model, restructuring the economy

Transforming the growth model, restructuring the economy

VCN - In order to narrow the gap between Vietnam and developed countries, besides maintaining a much higher export-to-GDP ratio than other countries, Vietnam needs to solve the problem of importing many high-quality input products for export.
What do state-owned enterprises propose to "take off"?

What do state-owned enterprises propose to "take off"?

The production and business activities of enterprises are affected by many factors and always have certain risks, it is impossible to "win hundreds of battles".
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