On January 5, 2019, the Prime Minister of the Government issued Directive No. 01/CT-Ttg on strengthening the direction and speeding up restructuring, reorganizing, reforming and equitizing State capital in state-owned enterprises (SOEs) and enterprises with state capital. This directive takes effect from the date of issuance.
Accordingly, the Prime Minister pointed out the limitations, limitations in the restructuring, reorganization, equitization, and divestment in state-owned enterprises, and at the same time provide analysis of the causes. objective and subjective leads to these shortcomings and limitations. On that basis, the Prime Minister has assigned Ministers, Heads of Departments, Chairmen of People’s Committees of provinces and cities directly under the Central Government, leaders of corporations, corporations and SOEs to appreciate the responsibility of the standing people. First, focus on directing and well implementing the following key tasks and solutions:
– Expeditiously complete the system of mechanisms, policies and legal documents for the restructuring and divestment of SOEs;
– Ministries, branches, localities, economic groups, state-owned corporations and SOEs before January 15, 2019 completed the approval or submitted to the competent authorities for approval of the restructuring plan of enterprises under the sector management area;
– Review the land fund managed by SOEs to carry out the valuation of enterprises in accordance with the law;
– Strengthen inspection, supervision, auditing, avoid loss of assets and state capital in the process of capital divestment and restructuring in SOEs;
– Resolutely handle SOEs, loss-making and ineffective investment projects;
– Publicize information on equitization and divestment of state-owned enterprises.
It can be seen that, through the promulgation of Directive No. 01 / CT-Ttg, the Prime Minister is clearly showing his determination to continue restructuring, reorganizing, reforming and improving the efficiency of state enterprises thereby contributing to completing the socio-economic development plan for 2019.