Law on Management and Investment of State Capital in Enterprises
The Vietnam Fatherland Front is managed and invested capital in enterprises
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The draft law stipulates that the Vietnam Fatherland Front and socio-political organizations are allowed to manage and invest capital in enterprises.
No ban on state-owned enterprises investing in real estate
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The draft Law on Management and Investment of State Capital in Enterprises does not stipulate the ban on all state-owned enterprises investing in real estate.
State-owned enterprise salary according to level, there are no talented people
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The Minister of Finance stated that if salaries and bonuses in state-owned enterprises had to follow a scale, talented people would never be found.
State-owned enterprises are profitable but workers' wages remain low
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State-owned enterprises are profitable, but workers' incomes are still low due to low wages and regulations that no more than 3 months' salary can be deducted for rewards and benefits.
State money flows must be managed
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National Assembly delegates proposed expanding management to enterprises with less than 50% state capital according to the principle of managing cash flow to where it goes.
Workers get 3 million, chairman gets 100 million
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The delegate mentioned the case of a profitable state-owned enterprise. When distributing profits, workers receive 3 million VND and the enterprise chairman receives 100 million VND.
With every bidding back and forth, many officials were disciplined continuously
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The Prime Minister cited the case of state-owned enterprises bidding back and forth, with "blue and red teams", leading to many cases of officials being continuously disciplined.
Groups and corporations collapse but it is not easy to assign responsibility
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National Assembly delegates cited recent examples of a number of corporations and general companies collapsing, but assigning responsibility is not easy because the law is unclear.
Supplementing regulations on handling cases of asset undervaluation
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The auditing agency proposed to supplement regulations on handling cases of undervaluation of assets and enterprise value, causing loss of State capital.
No regulations on salary payment mechanism at the enterprise
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The Draft on Management and Investment of State Capital in Enterprises (amended) does not stipulate the content and mechanism for paying salaries and bonuses in enterprises.
