According to the Government Electronic Information Portal on June 17, Deputy Prime Minister Ho Duc Phoc signed Decision No. 1145/QD-TTg approving the investment plan to supplement the charter capital of the parent company - Vietnam Expressway Corporation (VEC) for the period 2024 - 2026.
Accordingly, the approved charter capital of the parent company - VEC by the end of 2026 is VND39,366 billion, an increase of VND38,251 billion compared to the approved charter capital by 2023.
The additional charter capital from the Enterprise Development Investment Fund in the 3 years of 2024 - 2026 is 1,562 billion VND and the state budget has assigned the plan to the Ministry of Transport (now the Ministry of Construction) to invest in 5 expressway projects invested by Vietnam Expressway Corporation and has been disbursed with 36,689 billion VND.
The Deputy Prime Minister requested the Ministry of Finance and the parent company - VEC to take full responsibility for the completeness, accuracy, comprehensiveness, and honesty of the content, data, and dossier of the Reporting Plan, appraisal results, and proposals on the re-determination of charter capital, and additional sources of charter capital according to regulations.
The Ministry of Finance and the VEC Board of Members direct and organize the implementation of additional investment in charter capital for the period 2024 - 2026 for VEC to ensure strictness and procedures according to legal regulations.
At the same time, effectively manage and use capital and assets formed from allocated charter capital in accordance with regulations, not to lose state capital, ensuring the integrity and development of state capital in enterprises.
Improve the quality and efficiency of VEC's operations after being supplemented with charter capital, ensuring that it is truly a leading enterprise in the country in the field of investment in expressway development, especially in the coming period.
In addition, the Ministry of Finance and the Ministry of Construction reviewed according to their functions, tasks, and authority or proposed to competent authorities to complete relevant legal regulations.
The Ministry of Finance directs and guides the handling of issues on management, use, accounting, capital and asset accounting, and capital preservation and development plans when adding charter capital to VEC from the above capital source in accordance with Resolution No. 191/2025/QH15 dated February 19, 2025 of the National Assembly.
