What are regulations on tasks and solutions to promote the restructuring and innovating of state-owned enterprises in Vietnam?

What are regulations on tasks and solutions to promote the restructuring and innovating of state-owned enterprises in Vietnam?

In Section III.2 of Resolution 68/NQ-CP 2022, the following regulations are provided for promoting the restructuring and innovating of SOEs:

2. Promote the restructuring and innovating of SOEs:

a) Urgently implement the restructuring of enterprises according to Decision No. 360/QD-TTg dated March 17, 2022, approved by the Prime Minister, on the project "Restructuring SOEs, with a focus on economic groups and state-owned corporations in the period 2021 - 2025" and Decision No. 22/2021/QD-TTg dated July 2, 2021, by the Prime Minister, on the "Criteria for classifying SOEs, state-owned enterprises implementing ownership transformation, restructuring, and divestment in the period 2021 - 2025".

b) Periodically review compliance with regulations on registration, depository registration, and listing on the stock market for equitized enterprises; promptly propose appropriate solutions and strictly handle violations.

What are regulations on tasks and solutions to promote the restructuring and innovating of state-owned enterprises in Vietnam? (Image from the Internet)

What are regulations on tasks and solutions to enhance the mobilization of resources by state-owned enterprises to participate in the country's economic and social development in Vietnam?

In Section III.3 of Resolution 68/NQ-CP 2022, the following tasks and solutions for mobilizing resources of SOEs to participate in the country's socio-economic development are regulated:

3. Strengthen the mobilization of resources of SOEs to participate in the country's socio-economic development:

a) Accelerate the development of strategies and plans for the development of sectors and industries; align the development strategy of SOEs with the development of sectors and industries to maximize the important resources of the country.

b) Urgently develop and submit to competent authorities the strategic plans, production and business plans, and investment plans for the development of SOEs, with a focus on economic groups and state-owned corporations, in accordance with the economic and social development plans and strategies. This includes assigning tasks to SOEs to conduct research and invest in important projects that serve sustainable economic and social development, such as energy (with a priority on renewable and clean energy), semiconductor industry, national important transportation infrastructure (such as highways, railways, airports, seaports...), digital transformation infrastructure, climate change adaptation infrastructure, and the supply of important input materials for production (such as steel refining, petroleum refining)... based on the strengths and main business sectors of the enterprises.

c) Establish mechanisms to encourage coordination and cooperation among SOEs and between SOEs and private enterprises to implement large-scale projects, enhance the overall efficiency of project chains, and expand business opportunities based on the principle of achieving mutual benefits.

d) Research and enhance the role of the State Capital Investment and Business Corporation, especially its role as an investor of the Government, to attract additional financial resources into enterprises and important projects.

Best Regards!