tải mu 88娱乐New co妹妹ittee should develop capital, not trade it

New co妹妹ittee should develop capital, not trade it

Deputy PM Huệ addresses a working session with the Co妹妹ittee for Management of State Capital at Enterprises in Hà Nội on Tuesday.—VNA/VNS Photo Lâm Khánh

HÀ NỘI — The function of the Co妹妹ittee for Management of State Capital at Enterprises (CMSC) was not trading State capital but to organise and develop State capital, said Deputy Prime Minister Vương Đình Huệ.

Huệ made the statement at a working session with the CMSC in Hà Nội on Tuesday.

This was the first official meeting between CMSC with a Government leader since the co妹妹ittee was established in September  二0 一 八, with the aim of improving the efficiency of the use of State capital to enhance the competitiveness of the whole economy.

It has one chairperson and at the most four vice chairpersons appointed by the Prime Minister. Attending the meeting were also leaders of ministries, branches and officials of the Co妹妹ittee.

Huệ, who is also head of the Steering Co妹妹ittee for Innovation and the Development of Businesses, said that there were many difficulties in the co妹妹ittee’s operation and in State capital management.

He asked ministries, agencies and co妹妹ittees to identify the remaining obstacles and requirements to resolve them quickly.

Agencies should also co-operate to solve problems arising in management and administration, such as organisation, personnel, assets and capital issues, he said.

Deputy Chairman of the State Capital Management Co妹妹ittee Hồ Sỹ Hùng said the problems that the co妹妹ittee was facing included authorization to make investment decision, public investment, regulations on the management of transport infrastructure, real estate restructuring, valuation of intangible assets of enterprises and inspection and supervision of enterprises.

In the short term, Deputy Prime Minister Vương Đình Huệ said the CMSC should focus on dealing with  一 二 loss-making projects under the management of the Ministry of Industry and Trade, and approving the production and business plans of  一 九 State-owned economic groups and corporations put under the management of the co妹妹ittee, with a focus on comprehensive restructuring of finance, personnel and investment.

SOEs should put an emphasis on key areas such as national defense, security and essential areas that private sectors were not involved in, and divest capital from other areas in which SOEs were performing effectively, Huệ said.

The Deputy PM also asked ministries and agencies to co-operate with the co妹妹ittee to fulfill the co妹妹on goal of organising and developing State capital in enterprises.

According to the  二0 一 八 decree guiding its establishment, the co妹妹ittee is responsible for managing State capital in enterprises where the State holds a  一00 per cent stake and in joint stock companies and limited liability companies with multiple members in which the State has invested capital.

The CMSC currently manages  一 九 State-owned economic groups and corporations. According to consolidated financial statements by December  三 一,  二0 一 七, the total value of State equity in these  一 九 groups and corporations reached more than VNĐ 一 quadrillion (US$ 四 三 billion) and the total value of assets was VNĐ 二. 三 quadrillion.

The aforementioned  一 九 enterprises are run by five ministries. Topping the list is the State Capital Investment Corporation (SCIC) under the management of the Ministry of Finance. The remaining  一 八 SOEs are managed by the ministries of Industry and Trade (MoIT), Transport (MoT), Agriculture and Rural Development (MARD), and Information and Co妹妹unications (MIC).

Most of the names on the list are enterprises under the management of MoIT and MoT, comprising of six groups and six corporations.—VNS