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

PHẠM ĐÔNG |

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

Politburo member and Prime Minister Pham Minh Chinh has just signed and issued Directive No. 09/CT-TTg dated March 21, 2025 on tasks and solutions of state-owned enterprises (SOEs) to contribute to double-digit economic growth, rapid and sustainable national development.

For corporations, corporations, and NCS, the Prime Minister requested to continue to consolidate and promote their controlling and leading role in important and essential sectors and fields of the economy, contributing to the construction and development of the socio-economic infrastructure system and economic restructuring.

Actively and proactively research and transfer new technologies to contribute to increasing labor productivity, reducing resource deficits, increasing intellectual content in products, and improving production and business efficiency.

Focus on developing infrastructure projects, especially key projects with high reach, contributing to promoting socio-economic development, accelerating investment progress of projects, construction to ensure construction progress, capital disbursement progress, striving to exceed assigned plans, as a premise to lead and mobilize social investment capital.

Require ministries, branches, agencies, People's Committees of provinces and centrally run cities and owner representative agencies:

Focus on designing, developing and implementing macro policies, maintaining political stability, social order and safety to contribute to promoting the development of state-owned enterprises and other economic sectors in the economy.

Focus on designing and using policy tools to maximize social resources, take public investment to lead private investment, mobilize all social resources for development, promote public-private cooperation.

Research, amend and perfect regulations on investment under the public-private partnership method; research and propose mechanisms and policies of a "leverage and fulcrum" nature to maximize the resources of enterprises, promote the development and breakthrough of state-owned enterprises in particular and the business sector in general.

Pay attention to the work of building and perfecting institutions and policies; promptly resolve or report to competent authorities to resolve recommendations, remove obstacles and problems for businesses, review and reduce cost-saving administrative procedures for people and businesses, contributing to creating and promoting economic growth and national development.

Resolutely and effectively implement the policy of streamlining and reorganizing the apparatus of agencies and organizations in the political system, ensuring quality and progress according to requirements.

Urgently perfect the institutions for the operation of the administrative apparatus from the central to local levels, contributing to improving the capacity and efficiency of State management for the enterprise sector, including state-owned enterprises.

The Ministry of Finance urgently reports to the Government on the plan to receive and complete the draft Law on Management and Investment of State Capital in Enterprises (replacing Law No. 69/2014/QH13).

In which, attention is paid to the issue of decentralization, personnel work, salary policy, increase charter capital for enterprises... in the spirit of reviewing and evaluating the overall efficiency of enterprises, accepting risks.

Assign targets, do not hold back work, create favorable conditions for businesses to promote their intelligence, dynamism, create space for businesses to be creative and responsible before the law. In case of violation, they will be handled according to the law.

The State Bank continues to research and implement preferential credit packages to promote economic growth drivers, develop social housing and create favorable conditions for young people under 35 to buy social housing.

PHẠM ĐÔNG
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