State-owned enterprise

Removing obstacles in converting ownership and rearranging state-owned enterprises

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In order to promote decentralization and give more authority to the owner's representative agency, the Prime Minister amended and supplemented Clause 3, Article 4 of Decision No. 22/2021/QD-TTg.

Proposal to regulate salaries of state-owned enterprises

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One of the notable points of the draft Law on Management and Investment of State Capital in Enterprises is the regulation on salaries.

There needs to be preferential credit packages, debt suspension when businesses are in difficulty

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The Prime Minister requested the State Bank of Vietnam to have preferential credit packages and at the same time postpone debt when businesses are having difficulties due to objective factors.

The Ministry of Home Affairs talks about salary guidance in state-owned enterprises

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The Ministry of Home Affairs has drafted a Circular guiding the implementation of labor management, wages, remuneration, and bonuses in State-owned enterprises.

Enterprises decide for themselves, take responsibility for borrowing capital, repaying debts

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The draft Law on State Capital Management and Investment in Enterprises assigns the responsibility of enterprises for capital mobilization and debt repayment.

The Prime Minister emphasized the solution to promote state -owned business growth

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Regarding the State Capital Management and Investment Law in the enterprise, the Prime Minister emphasized the principle of "what is new to manage, not knowing is not managing".

Building salary and bonus mechanisms according to the work of state -owned enterprises

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According to the Ministry of Finance, it is necessary to build a mechanism to help the State enterprises have a salary and bonus mechanism for each job and flexibility according to market demand.

The Prime Minister works with 68 typical state -owned enterprises

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The Prime Minister requested that each state corporation and corporation in the current difficulty need to grow stronger, stormed and made efforts.

The Ministry of Home Affairs proposes to abolish 11 circulars on wages

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The Ministry of Home Affairs has just drafted a Circular guiding the implementation of labor management, wages, remuneration, and bonuses in state-owned enterprises.

State-owned corporation chairman can receive a salary of 80 million VND

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The salary of state-owned enterprise directors will not exceed 10 times the average salary of employees.

Prime Minister notes on the issue of wages and capital increase for businesses

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The Prime Minister noted the issue of decentralization, cadre work, salary policies, increasing charter capital for state-owned enterprises, and accepting risks.

State-owned enterprises want to decide on salary issues themselves

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Many state-owned enterprises propose that with state capital invested in enterprises, only F1 management is regulated; enterprises decide on salary issues themselves.

Director's salary does not exceed 10 times the salary of employees

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The Government has issued new regulations on labor management, wages, remunerations, and bonuses in state-owned enterprises.

If ministries and branches are slow to handle, businesses will report to the Prime Minister

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The Prime Minister requested that if ministries and branches do not handle or handle it late, businesses should report to the Prime Minister in a spirit of transparency and frankness.

Chemical Group has fully paid off the $340 million loan

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The Chemical Group said it has completed the repayment of all principal, interest, and management fees of 340 million USD in loans for the Dam Ninh Binh project.