The Ministry of Finance receives management of 18 corporations and general companies

    Minh Ánh |

    On the morning of February 28, the Ministry of Finance received state capital management from the Capital Management Committee. Deputy Prime Minister Ho Duc Phoc emphasized that this is an unprecedented step.

    The signing ceremony was attended by senior leaders

    On the morning of February 28, at the headquarters of the Ministry of Finance, a ceremony was held to transfer the right to represent the owner of state capital from the State Capital Management Committee at Enterprises (SCC) to the Ministry of Finance.

    The ceremony was attended by Central Party Committee member, Deputy Prime Minister Ho Duc Phoc, Minister of Finance Nguyen Van Thang, Chairman of the Vietnam Bank for Industry and Trade Nguyen Hoang Anh, along with leaders of ministries, branches and representatives of 18 transferred corporations and general companies.

    Speaking at the event, Deputy Prime Minister Ho Duc Phoc emphasized that this transfer is unprecedented and is part of the process of streamlining the apparatus, creating conditions for the economy to accelerate development. He affirmed: The Ministry of Finance is like the backbone of the economy. Whether the economy breaks out or not, the Ministry of Finance's task is extremely important."

    According to the Deputy Prime Minister, economic growth in 2025 is targeted at 8% or more, and the most important driving force must come from businesses. He requested the Ministry of Finance to continue supporting state-owned enterprises, ensuring that they become a breakthrough foundation for development, focusing on key areas.

    The Ministry of Finance is committed to accompanying businesses

    Receiving instructions, Minister of Finance Nguyen Van Thang affirmed that the transferred corporations and general companies are all "leading birds", playing an important role in the economy. The Ministry of Finance is committed to perfecting institutions and legal policies to support businesses, including the development of the Law on Management and Investment of State Capital in Enterprises in the direction of decentralization, creating conditions for business development.

    He also requested that units under the Ministry of Finance continue to accompany businesses, providing maximum support so that these corporations and groups can not only maintain stable operations but also promote innovation, creativity, and digital transformation according to Resolution 57 of the Politburo.

    18 corporations and general companies transferred to the Ministry of Finance

    Vietnam Oil and Gas Group (PetroVietnam)

    Vietnam Electricity Group (EVN)

    Vietnam National Coal - Mineral Industries Group (TKV)

    Vietnam Chemical Group (Vinachem)

    Vietnam Post and Telecommunications Group (VNPT)

    Vietnam National Petroleum Group (Petrolimex)

    Vietnam Rubber Industry Group (VRG)

    State Capital Investment and Trading Corporation (SCIC)

    Vietnam Tobacco Corporation (Vinataba)

    Vietnam Airlines Corporation

    Vietnam Maritime Corporation (VIMC)

    Vietnam Railways Corporation (VNR)

    Vietnam Expressway Corporation (VEC)

    Vietnam Airports Corporation (ACV)

    Northern Food Corporation (Vinafood 1)

    Southern Food Corporation (Vinafood 2)

    Vietnam Forestry Corporation (Vinafor)

    Vietnam Coffee Corporation (Vinacafe)

    This transfer is part of the roadmap for reforming state-owned enterprises to improve operational efficiency, optimize resources and ensure sustainable development of state-owned enterprises in the economy.

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