Solutions to promote effective production and business with state-owned enterprises

Prime Minister Pham Minh Chinh speaks at the conference of the Prime Minister working with state-owned enterprises. (Photo: Duong Giang/VNA)

The Prime Minister issued Official Dispatch No. 77/CD-TTg dated May 29, 2025 on solutions to promote effective production and business for state-owned enterprises.

Telegram sent to Ministers, Heads of ministerial-level agencies, Government agencies ; Chairmen of People's Committees of provinces and centrally-run cities; Chairmen of Boards of Members/Boards of Directors, General Directors of corporations, general companies, and state-owned enterprises.

The dispatch stated that in the context of the world economy continuing to have many potential risks, promoting growth associated with macroeconomic stability poses an urgent need to improve the operational efficiency of state-owned enterprises; the production and business activities of a number of state-owned enterprises are still facing many difficulties, operating at a loss, showing signs of financial insecurity, and problems with institutions, mechanisms, governance and investment efficiency.

To improve the operational efficiency and production and business of state-owned enterprises, contributing to the realization of the target of macroeconomic growth of 8% or more in 2025, the Prime Minister requests ministers, heads of ministerial-level agencies, government agencies, chairmen of People's Committees of provinces and centrally run cities, chairmen of boards of members/boards of directors, general directors of corporations, general companies, and state-owned enterprises to focus on directing and synchronously, resolutely, and effectively implementing the Prime Minister's instructions in Official Dispatch No. 17/TB-VPCP dated January 14, 2025, Directive No. 09/CT-TTg dated March 21, 2025, Official Dispatch No. 2910/VPCP-DMDN dated April 7, 2025, Directive No. 12/CT-TTg dated April 21, 2025, Notice No. 216/TB-VPCP dated April 21, 2025. May 6, 2025 and related instructions of Government leaders on improving the operational efficiency and production and business of state-owned enterprises.

The Prime Minister also requested the Ministry of Finance to take the lead in promptly resolving difficulties and problems arising in the process of implementing the 2025 growth target assignment for state-owned enterprises in accordance with the direction of the Government's leaders in Official Dispatch No. 2910/VPCP-DMDN dated April 7, 2025.

The State Bank of Vietnam directs the credit system to provide capital in a timely, reasonable and in accordance with regulations for investment projects in production and business of state-owned enterprises, especially in key areas and strategic infrastructure; continue to reform lending procedures, strengthen risk control, and create favorable conditions for state-owned enterprises to access credit capital.

Ministries, branches, and People's Committees of provinces and centrally run cities shall proactively and actively grasp the existing problems, difficulties, and obstacles in the production and business activities of state-owned enterprises in order to promptly have solutions to remove them and promote production and business according to their authority and legal regulations; in cases beyond their authority, promptly report to competent authorities for consideration and decision. Promptly and effectively implement and take responsibility for assigning growth targets to state-owned enterprises under their management, monitor and urge the implementation, contributing to ensuring the national growth target of 8% or more in 2025. Strengthen financial supervision and evaluate the performance of state-owned enterprises under their management; promptly warn and direct enterprises to have solutions to prevent and overcome risks and weaknesses.

Ministries, branches, and People's Committees of provinces and centrally-run cities shall direct and support corporations, general corporations, and state-owned enterprises under their management to implement large and important investment projects; in which, they shall accelerate progress and ensure quality. Disseminate this Official Dispatch to corporations, general corporations, and state-owned enterprises under their management to ensure consistent and effective implementation.

Corporations, general corporations, and state-owned enterprises continue to improve the efficiency of production and business activities, management capacity, and human resource quality; focus resources on core business areas, invest in large, focused, key projects with spillover effects, create momentum, promote socio-economic development, resolutely overcome the situation of scattered, scattered, and ineffective investment. Promote the application of science and technology, digital transformation, improve management capacity and increase labor productivity, reduce costs. Enhance the responsibility of leaders in preserving and developing state capital, linking responsibility with the effectiveness of performing assigned tasks.

The Prime Minister requested ministers, heads of ministerial-level agencies, government agencies, chairmen of people's committees of provinces and centrally run cities, chairmen of boards of directors, general directors of corporations, general companies, and state-owned enterprises to directly direct the implementation, regularly inspect and supervise to improve the production and business efficiency of corporations, general companies, and state-owned enterprises./.

According to Vietnamplus

Source: https://www.vietnamplus.vn/giai-phap-thuc-day-san-xuat-kinh-doanh-hieu-qua-voi-doanh-nghiep-nha-nuoc-post1041507.vnp

Source: https://baolongan.vn/giai-phap-thuc-day-san-xuat-kinh-doanh-hieu-qua-voi-doanh-nghiep-nha-nuoc-a196207.html