Review policies and guidelines to clarify the role of state-owned enterprises

ANH HUY |

The Deputy Prime Minister suggested reviewing and systematizing policies and guidelines to clarify the role, position and mission of state-owned enterprises at present and in the coming period.

On June 16, in Hanoi, Deputy Prime Minister Nguyen Chi Dung chaired a meeting on the Project to summarize the implementation of the Central Resolution No. 5-term XII on State-owned enterprises (Resolution No. 12-NQ/TW).

Deputy Minister of Finance Nguyen Duc Tam said that the Party Committee of the Ministry of Finance is assigned the task of developing a Project to summarize the implementation of the 5th Central Resolution of the 12th tenure on State-owned enterprises (SOEs), and report to the Politburo in June 2025.

During the meeting, many leaders of state-owned enterprises such as Vietnam National Industry - Energy Group, Vietnam Electricity Group, Vietnam Railway Corporation, Vietnam Maritime Corporation... contributed their opinions to the dossier submitted by the Ministry of Finance; reported on the current status of enterprises' operations.

Enterprises also recommended and proposed to "untie" a number of issues related to institutions, equitization, divestment, infrastructure investment, human resource management, etc.

In his concluding remarks, Deputy Prime Minister Nguyen Chi Dung highly appreciated the Ministry of Finance for its efforts in preparing elaborate documents in a short time and the valid and enthusiastic opinions of delegates from ministries, localities and enterprises.

"The Ministry of Finance fully absorbs the valid opinions of the agencies attending the meeting, urgently completes the Submission to ask for the Politburo's opinion on building a Resolution on state-owned enterprises on the basis of summarizing Resolution 12-NQ/TW" - the Deputy Prime Minister directed.

Notably, it is necessary to review and reorganize the policies and guidelines of the Party and State to clarify the role, position and mission of state-owned enterprises at present and in the coming period, in conjunction with the context of Resolution No. 68-NQ/TW.

At the same time, it is necessary to re-evaluate the system of legal documents on business development; update and study foreign experience, closely follow international regulations to build a transparent business model, in accordance with international practices and standards.

In addition, state-owned enterprises need to take the lead in technology, contributing to the breakthrough in national competitiveness.

Regarding revving state capital for enterprises, the Deputy Prime Minister noted that the ideology and thinking approach must be innovated more strongly; it is necessary to identify areas that need to be focused on investment, need to be divested, and need to be developed.

The important strategic and infrastructure areas of the country must be held. As for new industry, industry - technology - strategic products must focus.

The Deputy Prime Minister said that this is not only a State issue for state-owned enterprises, it cannot be a one-sided trend, but enterprises themselves must proactively participate and be responsible.

Enterprises are the subject, so they need to proactively give advice, give opinions, and make proposals to operate effectively, to develop healthily, contribute worthily, lead, and pioneer. Enterprises must hold key positions and be pioneers in new positions.

According to the Deputy Prime Minister, the spirit of building a concise Resolution closely follows the policies of the Party and State.

The contents of work must be specified quickly; the policy mechanism must be strong enough, have a strategic vision, unblock bottlenecks, and create a breakthrough in state-owned enterprises - the Deputy Prime Minister emphasized.

The Deputy Prime Minister suggested that a Drafting Group should be established with the participation of the National Assembly's Economic and Financial Committee, state-owned corporations and groups.

ANH HUY
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