Handling financial problems at Vietnam Airlines, SBIC, EVN, TKV

Lục Giang |

In the first 6 months of 2025, the Ministry of Finance has focused on removing financial difficulties at many state-owned enterprises, including Vietnam Airlines, SBIC, EVN, TKV, etc.

According to the report of the Ministry of Finance on the implementation of the work program for June and the first 6 months of 2025, the management and use of state capital in enterprises continues to be implemented synchronously. The Ministry of Finance has fully exercised the rights and responsibilities of the owner's representative agency for state-owned enterprises and the state capital in enterprises.

In the first 6 months of the year, the Ministry of Finance submitted to the Government to report to the National Assembly for approval at the 9th Session of the draft Law on Management and Investment of State Capital in Enterprises. At the same time, the Ministry has also submitted to the Prime Minister to issue Decision No. 13/2025/QD-TTg dated May 14, 2025, amending and supplementing a number of articles of Decision No. 22/2021/QD-TTg dated July 2, 2021 on criteria for classifying state-owned enterprises and enterprises with state capital to carry out ownership conversion, rearrangement, and divestment in the period of 2021-2025.

The Ministry of Finance has promptly advised and reported on the handling of financial difficulties and problems at many state-owned enterprises, including the Vietnam Airlines Restructuring Project and the SBIC Financial problem handling Project. Handling financial problems related to production and business activities, investment and restructuring of enterprises in the fields such as Industry and Trade, Construction, Transportation, Petroleum, Chemicals, Agriculture and Forestry.

Some major projects that the Ministry participates in guiding and handling financial issues include the Nghi Son Petrochemical Refinery and Dung Quat projects, along with the EVN and TKV restructuring projects for the period 2021-2025.

Regarding the progress of business reorganization, in the first 6 months of 2025, no enterprise was approved by competent authorities for equitization or divestment.

Lục Giang
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