In Vietnam, through the ages, the position and role of state-owned enterprises have been affirmed both in the policies and guidelines of the Party and State and in practice.
In the coming time, with the goal of being a developing country with modern industry, becoming a developed country with high income, state-owned enterprises need to demonstrate their position and core role, leading and paving the way in the economy by 2030.
At the same time, state-owned enterprises are the pioneering force, leading in innovation, innovation of management models, restructuring capital sources, restructuring production and supply chains...
In particular, in the context of the world economy continuing to face many potential risks, promoting growth associated with macroeconomic stability poses an urgent need to improve the operational efficiency of state-owned enterprises.
In fact, the production and business activities of some state-owned enterprises still face many difficulties, loss-making operations, signs of financial insecurity, problems with institutions, mechanisms, governance and investment efficiency.
To improve operational efficiency, production and business, and macroeconomic growth of 8% or more in 2025, Deputy Prime Minister Ho Duc Phoc recently signed Official Dispatch No. 77/CD-TTg of the Prime Minister on solutions to promote effective production and business for state-owned enterprises.
The Prime Minister requested to focus on directing and implementing synchronously, drastically and effectively the improvement of the operational efficiency and production and business of state-owned enterprises.
Accordingly, the Prime Minister assigned the Ministry of Finance to preside over the timely resolution of difficulties and problems arising in the implementation of the assignment of growth targets for 2025 to state-owned enterprises.
Review and comprehensively evaluate the effectiveness of investment activities, management and use of state capital in enterprises; strengthen financial supervision and evaluate the effectiveness of state-owned enterprises according to authority and legal regulations.
Ensure proper, effective and transparent use, including timely warnings to businesses with signs of financial insecurity.
The Prime Minister also assigned the State Bank of Vietnam to direct the credit system to provide capital in a timely, reasonable and compulsory manner for investment projects in production and business of state-owned enterprises, especially in key areas and strategic infrastructure.
At the same time, continue to reform lending procedures, strengthen risk control, and create favorable conditions for state-owned enterprises to access credit capital.
Request ministries, branches, People's Committees of provinces and centrally run cities to proactively and actively grasp the shortcomings, difficulties, and problems in production and business activities to promptly find solutions to resolve them.
Urgently implement with results and be responsible for assigning growth targets to state-owned enterprises under management and monitoring.
Strengthen financial supervision and evaluate the performance of state-owned enterprises under management; promptly warn and direct enterprises to have solutions to prevent and overcome risks and weaknesses.
Promote the application of science and technology, digital transformation, improve governance capacity and improve labor productivity, reduce costs.
Enhance the responsibility of leaders in preserving and developing state capital, linking responsibility with the effectiveness of performing assigned tasks.
