Prime Minister directs solutions to promote effective production and business for state-owned enterprises

Telegram 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.

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 still face 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 Groups, Corporations, and state-owned enterprises to focus on directing and synchronously, resolutely, and effectively implementing the Prime Minister's instructions in Official Dispatches No. 17/TB-VPCP dated January 14, 2025, 09/CT-TTg dated March 21, 2025, 2910/VPCP-DMDN dated April 7, 2025, 12/CT-TTg dated April 21, 2025, 216/TB-VPCP dated June 6, 2025. 5 years 2025 and related directions of Government leaders on improving the operational efficiency and production and business of state-owned enterprises.

Strengthening financial supervision and evaluating the performance of state-owned enterprises

The Prime Minister assigned 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 Leader in Official Dispatch No. 2910/VPCP-DMDN dated April 7, 2025.

Review and comprehensively evaluate the effectiveness of investment, management and use of state capital in enterprises; strengthen financial supervision and evaluate the performance of state-owned enterprises according to authority and legal regulations to ensure proper, effective and transparent use, including timely warnings to enterprises showing signs of financial insecurity.

Timely supply of capital for investment projects in production and business of state-owned enterprises.

The Prime Minister assigned the State Bank of Vietnam to direct the credit system to provide capital in a timely, reasonable and appropriate manner in accordance with regulations for investment projects in production and business of state-owned enterprises, especially in key areas and strategic infrastructure.

At the same time, continue to reform lending procedures, strengthen risk control, and create favorable conditions for state-owned enterprises to access credit capital.

Timely remove difficulties and promote production and business of state-owned enterprises

The Prime Minister requested ministries, branches, and People's Committees of provinces and centrally-run cities to 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, they must promptly report to competent authorities for consideration and decision.

Urgently and effectively implement and take responsibility for assigning growth targets to state-owned enterprises under management, monitor and urge 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 management; promptly warn and direct enterprises to take measures to prevent and overcome risks and weaknesses.

Direct and support corporations, general companies, and state-owned enterprises under management to implement large and important investment projects; in which, speed up progress and ensure quality.

Disseminate this Telegram to Corporations, General Companies, and State-owned enterprises under management to ensure consistent and effective implementation.

State-owned enterprises promote the application of science and technology, digital transformation, improve management capacity and labor productivity

The Prime Minister requested that 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, and promote socio-economic development, and resolutely overcome the situation of scattered, ineffective investment.

Promote the application of science and technology, digital transformation, improve management capacity and labor productivity, and reduce costs.

Enhance the responsibility of leaders in preserving and developing state capital, linking responsibility with the effectiveness of 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 Members/Boards of Directors, General Directors of Corporations, General Corporations, and State-owned enterprises to directly direct the implementation, regularly inspect and supervise to improve the production and business efficiency of Corporations, General Corporations, and State-owned enterprises.

Prime Minister's Directive on strengthening compliance with legal regulations on prices

Deputy Prime Minister Ho Duc Phoc has just signed Directive No. 15/CT-TTg dated May 30, 2025 of the Prime Minister on strengthening compliance with legal regulations on prices.

The Directive states: 2025 is the final year of implementing the 5-year Socio-Economic Development Plan 2021-2025, a year of special significance in successfully implementing the Resolution of the 13th National Party Congress. In order to carry out the tasks set by the National Assembly and the Government, price management and operation in 2025 must ensure good control of inflation in the context of concentrated resources, strongly promoting to achieve the highest economic growth, while continuing to support the removal of difficulties for production, business and people's lives, continuing to implement the roadmap for market prices of public services and goods managed by the State at appropriate levels and doses according to developments in the consumer price index. In addition, it is necessary to continue to raise the responsibility and awareness of state management agencies, businesses and people about the enforcement of price laws in the purchase and sale of goods and services, ensuring a public, transparent market with full information on prices, and implementing culture and civilization in consumer trade transactions.

On June 19, 2023, the 5th session of the 15th National Assembly passed the Law on Prices No. 16/2023/QH15, which will take effect from July 1, 2024. The Law on Prices 2023 and its detailed regulations and guidelines for its implementation have strengthened the creation of a unified and synchronous legal framework to ensure the development of a socialist-oriented market economy in accordance with the policies of the Party and the State and always aim to encourage price competition, respect the right to self-determination of prices of production and business organizations and individuals, but at the same time enhance the responsibility to protect the rights and legitimate interests of consumers, related organizations and individuals.

On that basis, the Prime Minister requested Ministers, Heads of ministerial-level agencies, Heads of Government agencies, Chairmen of People's Committees of provinces and centrally-run cities to continue promoting successful experiences in price management, operation, and inflation control in the past and according to the functions and tasks of price management assigned according to the provisions of law.

Review and abolish administrative procedures in the field of prices that are no longer appropriate.

At the same time, the Prime Minister requested ministries, branches and localities to continue to disseminate and propagate to officials, civil servants of agencies, units, organizations and individuals trading in goods and services the provisions of the Law on Prices and documents guiding the Law on Prices, including regulations on price declaration and price posting so that state price management agencies can proactively implement price management work according to their authority and organizations and individuals trading in goods comply with the provisions of law. Continue to strengthen training and education on legal provisions on prices.

Review and handle legal documents on prices that are no longer in accordance with the provisions of the Law on Promulgation of Legal Documents and the Law on Prices; issue documents on prices within the authority in accordance with the provisions of the Law on Prices and the Law on Promulgation of Legal Documents; review and abolish administrative procedures in the field of prices that are no longer in accordance with current legal provisions, creating favorable conditions for organizations and individuals trading in goods and services.

Urgently issue legal documents within the authority to stipulate the economic and technical characteristics of goods and services in the List of goods and services subject to price stabilization, state pricing, and price declaration to ensure that information on goods and services is specified and clear as a basis for implementing price stabilization, state pricing, and price declaration activities in a transparent and effective manner, serving well the State management of prices at the central and local levels.

Ensure that the price of goods regulated by the state is consistent with the market price level.

Regarding state pricing, the Prime Minister requested ministries, branches and localities to direct, assign and provide clear guidance on the authority and responsibility of units and organizations responsible for establishing, appraising and submitting price plans and strictly complying with regulations on procedures for pricing, price adjustment, principles and methods of pricing to ensure that the prices of goods and services regulated by the State are consistent with market prices and fluctuations in price forming factors. For public services implementing the market price roadmap, State-priced goods (electricity, medical examination and treatment services, domestic air passenger transport services, textbooks, etc.) need to proactively review price formation factors, carefully assess the impact on the socio-economy, target inflation to have a plan to adjust prices in line with market price developments in accordance with regulations with appropriate levels and timing of adjustment, avoiding causing cost-push inflation resonance, creating expected inflation for the economy.

Promote digital transformation in implementing state management of prices; develop and perfect methods for receiving price declarations online in appropriate forms (online public services, price database software, etc.) to ensure feasibility and convenience for business organizations to make price declarations; urgently develop and perfect data on declared prices of goods under management authority to connect and update to the National Price Database according to regulations.

Strengthening the inspection of law enforcement on prices

The Prime Minister requested ministries, branches and localities to continue directing relevant agencies and units under their management and organizations and individuals trading in goods and services to strictly implement the provisions of the Law on Prices on the disclosure of price information; regularly direct and organize the implementation of guidance and inspection of the disclosure of price information, contributing to creating consensus among people and society in state management of prices, enhancing the transparency of market price information and creating favorable conditions for organizations and individuals in law enforcement.

Strengthening the inspection of compliance with the law on prices to ensure that relevant agencies, organizations and individuals comply with legal regulations, ensuring objectivity, transparency and timely detection and prevention of violations of the law on prices, unreasonable price increases, strictly handling cases of price manipulation of goods and services, price inflation... to contribute to controlling inflation, stabilizing the macro economy, supporting economic growth and development. In particular, focusing on inspection and examination of compliance with legal regulations on price declaration and price posting, strictly handling violations according to legal regulations such as incorrect declaration of selling prices, failure to declare prices to competent state agencies, failure to post prices or posting unclear prices of goods and services causing confusion for customers; selling at prices higher than the listed prices...

Source: https://phunuvietnam.vn/thu-tuong-chi-dao-cac-giai-phap-thuc-day-san-xuat-kinh-doanh-hieu-qua-doi-voi-doanh-nghiep-nha-nuoc-20250530130221961.htm